Lennox International

Lennox International
Public
Traded as NYSE: LII
S&P 400 Component
Industry General Building Materials
Founded 1895
Founder Dave Lennox
Headquarters Richardson, Texas, United States
Products HVAC equipment
Number of employees
 10,000 as of February 4, 2016 per 10K
Website http://www.lennoxinternational.com

Lennox International Inc. (NYSE: LII) is an intercontinental company. Through its subsidiaries, it is a provider of climate control products for the heating, ventilation, air conditioning, and refrigeration markets around the world. The Company was founded in 1895, in Marshalltown, Iowa, by Dave Lennox, the owner of a machine repair business for railroads. He designed and patented a riveted steel coal-fired furnace, which led to numerous advancements in heating, cooling and climate control solutions. The company was sold in 1904 to DW Norris who managed the company until his death in 1949, following which ownership devolved to his descendants who continued to hold a prominent position in the company in the following decades.[1][2][3]

Today the company is focused on three core businesses: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration. The company headquarters are in Richardson, Texas, near Dallas.

In 1971 the small, nonprofitable (low pressure) gas cylinder business of Lennox Industries was sold to Worthington Industries, marking its first diversification step.[4][5][6]

References

  1. ↑ Legends of Manufacturing, Times-Republican, October 2016
  2. ↑ Sanitary and Heating Age - Page 61, Sanitary and Heating Publishing, 1904
  3. ↑ An Icon Retires, achrnews, July 2006
  4. ↑ Worthington Industries, Inc. History fundinguniverse.com, from: International Directory of Company Histories, Vol. 21. St. James Press, 1998, retrieved 20 October 2016.
  5. ↑ Dan Gearino: Worthington Industries expands with oil, gas boom dispatch.com The Columbus Dispatch, 17 May 2013, retrieved 20 October 2016.
  6. ↑ "Heating & Air Conditioning". Wednesday, 7 June 2017


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