Lennox International Inc. announced that its Allied Air Enterprises subsidiary plans to consolidate operations from Blackville, SC, U.S. into its current operations in Orangeburg, S.C. and its LII United Products facility in Saltillo, Mexico.
Lennox International expects to incur restructuring charges related to the activities of approximately US$12 million, primarily in 1Q 2009, and expects annual savings of $5 million beginning in 2011. The transition of production from Blackville to the other facilities will take place in phases starting in 2009 and is expected to be completed within two years.
Allied Air Enterprises manufactures and markets the Armstrong Air, Ducane, AirEase, Magic-Pak, and Concord brands of air-conditioning and heating equipment, sold primarily through wholesale distribution to HVAC, plumbing, and other dealers and contractors. Allied Air Enterprises is a subsidiary of Lennox International Inc.
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