We are a leading global provider of climate control solutions and design, manufacture
and market a broad range of products for the heating, ventilation, air conditioning
and refrigeration (“HVACR”) markets. We have leveraged our expertise
to become an industry leader known for innovation, quality and reliability.
Our products and services are sold through multiple distribution channels under
various brand names. 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.
Residential Heating & Cooling
Furnaces, air conditioners, heat pumps, packaged heating and cooling systems,
indoor air quality equipment, comfort control products, replacement parts
Lennox, Dave Lennox Signature, Armstrong Air, Ducane, Aire-Flo, Air-Ease, Concord,
Magic-Pak, ADP Advanced Distributor Products, iComfort and Lennox PartsPlus
Commercial Heating & Cooling
Unitary heating and air conditioning equipment, applied systems, controls, installation
and service of commercial heating and cooling equipment
Lennox, Allied Commercial, Magic-Pak, Raider, Landmark, Prodigy, Strategos,
Energence and Lennox National Account Services
Refrigeration
Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers,
process chillers, controls, compressorized racks, supermarket display cases
and systems
Heatcraft Worldwide Refrigeration, Bohn, Larkin, Climate Control, Chandler Refrigeration,
Kysor/Warren, Friga-Bohn, HK Refrigeration, Hyfra, Kirby and Interlink
Our business strategy is to sustain and expand our premium market position
as well as offer a full spectrum of products to meet our customers' needs. We
plan to expand our market position through organic growth and acquisitions while
maintaining our focus on cost reductions to drive margin expansion and support
growth in target business segments. This strategy is supported by the following
five strategic priorities:
Innovative Product and System Solutions. In all of our markets, we are building
on our heritage of innovation by developing residential, commercial, and refrigeration
products that give families and business owners more precise control over more
aspects of their indoor environments, while significantly lowering their energy
costs.
Manufacturing and Sourcing Excellence. We maintain our commitment to manufacturing
and sourcing excellence by driving low-cost assembly through rationalization
of our facilities and product lines, maximizing factory efficiencies, and leveraging
our purchasing power and sourcing initiatives to expand the use of lower-cost
components that meet our high-quality requirements.
Distribution Excellence. By investing resources in expanding our distribution
network, we are making products available to our customers in a timely, cost-efficient
manner. Additionally, we provide enhanced dealer support through the use of
technology, training, advertising and merchandising.
Geographic Expansion. We are growing our business by extending our successful
business model and product knowledge into domestic and international markets.
Expense Reduction. Through our cost management initiatives, we are optimizing
operating, manufacturing and administrative costs.
