Lennox International Inc.

History

Year	Detail
1895	Dave Lennox, the company's founder, decided to sell the furnace business purchased by D.W. Norris, the editor and publisher of the local newspaper. Later, Dave incorporated the operation as Lennox Furnace Company and sold 600 furnaces in the company's first year.
1904	The company expanded for the first time by establishing a warehouse in Syracuse, New York, to reach a broader customer base, laying the foundation for its future growth in the heating, ventilation, and air conditioning industry.
1923	The company introduced forced air furnaces for residential heating to advance residential heating technology and set the stage for modern heating systems.
1946	The company established operations in Canada and expanded its product line by introducing residential central air conditioning systems.
1952	Lennox established an international division with a facility in Basingstoke, England, and sales offices and warehouses in Holland and Germany.
1972	The company developed the first two-speed hermetic compressor, saving significant energy costs in residential and commercial air conditioning.
1973	The company developed and manufactured high-efficiency gas furnaces, significantly advancing energy-efficient heating solutions.
1982	Lennox International Inc. was established as the parent company for Lennox Industries Inc., and future acquisitions under the Norris family's ownership helped the company consolidate its operations and expand its portfolio.
1991	The company introduced the CompleteHeat system, its first high-efficiency combination of space and hot water.
2003	The company launched the XC25 air conditioner, which featured an impressive Seasonal Energy Efficiency Ratio (SEER) rating of 26. This high SEER rating made it one of the most efficient air conditioning units available.
2013	The company launched the iComfort S30 ultra-smart thermostat to help homeowners maximize air conditioning units.
2021	The company launched the Model L commercial rooftop unit, a light commercial HVAC system featuring a rooftop controller, the Lennox CORE Control System, and a Service App.
2023	Lennox entered into a definitive agreement to sell its Hyfra Process Cooling business unit, headquartered in Krunkel, Germany, to the Glen Dimplex Group so that it can continue its focused strategy in North America.
2023	Lennox agreed to sell its European commercial HVAC and refrigeration businesses, headquartered in Lyon, France, to funds managed by Syntagma Capital.
2023	The company acquired AES, a company dedicated to service and sustainability in the light commercial market, to expand its commercial HVAC services.
2024	The company partnered with ServiceTitan, a software platform built to power trades, establishing the software platform as Lennox Residential HVAC's exclusive Field Service Management (FSM) provider.
2024	Samsung and Lennox have established a joint venture to sell ductless AC and heat pump (mini-split, multi-split, VRF) products in the United States and Canada. The established joint venture will be called Samsung Lennox HVAC North America.