Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Lennox Will Build Whirlpool HVAC Equipment
Jan 16, 2003
 Printable format
 Email this Article
 Search

Lennox International Inc. signed an exclusive agreement with Tradewinds Distribution LLC, a subsidiary of Watsco Inc. to produce Whirlpool®-branded air conditioning and heating equipment. Watsco is a leading U.S. distributor of heating, ventilation, air-conditioning, and refrigeration products. Watsco last year executed a license agreement with Whirlpool Corporation to serve as the exclusive U.S. distributor for a new line of central air-conditioning and heating products with the Whirlpool brand name.

Under the agreement LII will be the exclusive producer of the new Whirlpool heating and cooling products. Tradewinds will be responsible for all other activities associated with the product, including sales, distribution, marketing, technical service, and customer support.

"The agreement with Tradewinds represents a significant new manufacturing prospect for our core heating and cooling business," said Bob Schjerven, LII CEO. "It is a unique opportunity to partner with the nation's leading HVAC distributor and the highly respected Whirlpool brand.

"Our progress with lean manufacturing initiatives allows us to optimize our manufacturing resources, increasing our volumes without adding capacity. This positions us well for continued growth of our return on invested capital and adding further value for our shareholders," he added.

Lennox officials said that, while the agreement offers significant long-term potential to LII, the financial impact over the short term will be minimal due to associated start-up costs. Shipments of Whirlpool- branded products will begin late in first quarter 2003.

Lennox is a leading global HVAC producer with headquarters in Dallas, TX, U.S.

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows