Lennox International Inc - Company Profile
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Business Description
Lennox International Inc (Lennox) is a provider of climate-control solutions. The company designs, manufactures and markets air conditioning, heating, ventilation, and refrigerating products. The company serves food, non-food, and construction markets.
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R&D Overview
Lennox focuses on research, development, and technology as a key pillar of its growth strategy. The company operates an engineering and technology organization that emphasizes new technology invention, product development, product quality improvements, and process enhancements. This includes the development of next-generation control systems and efficient heating, cooling, and refrigeration products. Lennox leverages intellectual property and innovative designs across its businesses and utilizes advanced design tools and simulations to streamline design and manufacturing processes. The company's future success depends on continued investment in research and new product development, as well as the ability to commercialize new HVACR technological advances in domestic and global markets. The R&D units of Lennox include the Home Comfort Solutions Research & Development in West Columbia, SC, and the Corporate and Other Research & Development in Carrollton, TX, and Chennai, India. These units are responsible for managing the company's R&D activities, focusing on new technology invention, product development, and process enhancements. In FY2025, the company incurred an expense of US$103.4 million on its R&D activities, which grew 10.5%YoY.
Business Segments
Overview
Manufactures and markets unitary heating and cooling equipment, such as applied systems, controls, Unitary heating and air conditioning equipment, installation and service of commercial heating and cooling equipment, curb, curb adapters, drop box diffusers, variable refrigerant flow commercial products, HVAC recycling and salvage service, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks. Products are used in light commercial applications, such as low-rise office buildings, distribution, restaurants, retail centers, churches, and schools. Markets products under brands, including Prodigy, Duro Dyne, Lennox VRF, Heatcraft Worldwide Refrigeration, CORE, Chandler Refrigeration, Energence, MAGNA, Xion, Allied Commercial, Interlink, Bohn, DuroZone, Elite, Strategos, AES Industries, Enlight, Raider, Climate Control, Dyna-Tite, Lennox National Account Services, IntelliGen, Larkin, AES Mechanical, AES Recycle, and Lennox Model L.
Performance
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Overview
Manufactures and markets a broad range of heat pumps, packaged heating and cooling systems, furnaces, air conditioners, equipment and accessories, comfort control products, replacement parts and supplies and related products for both the residential replacement and new construction markets. Offers products under brands and product lines, including Armstrong Air, Lennox Store, Ducane, AirEase, MagicPak, Concord, Dave Lennox Signature Collection, ADP (Advanced Distributor Products), Allied, Supco, LINEBACKER, Elite Series, Merit Series, Comfort Sync, iComfort, ComfortSense, and Healthy Climate, as well as Healthy Climate Solutions.
Performance
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Geographical Segments
Performance
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Performance
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