Lennox International was founded in 1904 as Lennox Furnace Company. The company’s flagship product was a riveted-steel sheet metal coal furnace, which was an improvement over traditional cast-iron furnaces because the steel furnace did not warp after years of use. Cast-iron furnaces let smoke and coal gas into the living space after warping occurred.
In the decades following, the company manufactured and sold its very popular furnaces and related products, adding more products and manufacturing facilities as necessary. In the 1950s the company expanded into air-conditioning with water-cooled air conditioners.
Today Lennox International makes climate control equipment including heating, ventilation, air conditioning, and refrigeration (HVACR) for both commercial and residential customers under the brand names Lennox, Armstrong Air, Aire-Flo, Bohn, and Larkin. Products are sold through 7,000 dealers in the United States and Canada.
Since Lennox makes many of their products in factories located in Mexico, the cancellation of tariff’s by the Trump administration has many expecting their stock to rise significantly.
Lennox International trades publicly on the New York Stock Exchange under the ticker symbol LII, is a member of the S&P 400, is #689 in the Fortune 1000, has 11,450 employees, and had $3.30 billion in revenue in 2013.
The company settled a class action lawsuit regarding faulty coil units in 2016 without admitting any fault in the matter. While the company claims it was going to change from the thinner copper coils to the industry standard of aluminum coils, this apparently hasn’t taken place.
In July 2021, current CEO Todd Bluedorn announced that he would retire in 2022.
Headquarters for Lennox is located in Richardson, Texas.
Lennox International was founded in 1904 as Lennox Furnace Company. The company’s flagship product was a riveted-steel sheet metal coal furnace, which was an improvement over traditional cast-iron furnaces because the steel furnace did not warp after years of use. Cast-iron furnaces let smoke and coal gas into the living space after warping occurred.
In the decades following, the company manufactured and sold its very popular furnaces and related products, adding more products and manufacturing facilities as necessary. In the 1950s the company expanded into air-conditioning with water-cooled air conditioners.
History
Today Lennox International makes climate control equipment including heating, ventilation, air conditioning, and refrigeration (HVACR) for both commercial and residential customers under the brand names Lennox, Armstrong Air, Aire-Flo, Bohn, and Larkin. Products are sold through 7,000 dealers in the United States and Canada.
Since Lennox makes many of their products in factories located in Mexico, the cancellation of tariff’s by the Trump administration has many expecting their stock to rise significantly.
Lennox International trades publicly on the New York Stock Exchange under the ticker symbol LII, is a member of the S&P 400, is #689 in the Fortune 1000, has 11,450 employees, and had $3.30 billion in revenue in 2013.
The company settled a class action lawsuit regarding faulty coil units in 2016 without admitting any fault in the matter. While the company claims it was going to change from the thinner copper coils to the industry standard of aluminum coils, this apparently hasn’t taken place.
In July 2021, current CEO Todd Bluedorn announced that he would retire in 2022.
Headquarters for Lennox is located in Richardson, Texas.