Lennox International announced an expansion of its investment in Ramos Arizpe, Coahuila, bringing total investment to $180 million since 2008. The expansion will create over 1,600 new jobs by August 2021.
Lennox officially announced the opening of its third plant in Coahuila, Mexico, with an investment of $180 million. The facility will create 1,600 jobs and has a surface area of 325,000 square feet.
Allied Air Enterprises, a subsidiary of Lennox International, announced plans to build a new 405,000-square-foot warehouse in Orangeburg, South Carolina, investing $35.7 million and creating 20 jobs. The facility is expected to be completed by October 2021.
Italian OEM Epta S.p.A has acquired Kysor Warren from Lennox International for $49 million in cash, creating a new company called Kysor Warren Epta US Corp. The deal closed on March 29, 2019, and gives Epta a foothold in North and Central American markets.
Epta Refrigeration, an Italian commercial refrigeration group, entered into a definitive agreement to acquire Kysor Warren from Lennox International for $49 million. The acquisition expands Epta's North American footprint.
Lennox International announced plans to sell its Kysor/Warren business, a manufacturer of refrigerated merchandisers and systems, aiming to close the sale in the first quarter of 2019.
Lennox International signed a binding agreement to sell its Australia and Asia refrigeration businesses to Beijer Ref AB, with the transaction expected to close in Q2 2018. Separately, it is selling its South America business and Sydney real estate.
Lennox International Inc. sold its Brazilian refrigeration business (Heatcraft do Brazil) to Elgin S.A., a Brazilian commercial products manufacturer, in August 2018.
Elgin S.A. announced a binding agreement to acquire Heatcraft do Brasil, a manufacturer of condensers, evaporators, compressor racks, remote condensers and refrigeration monoblocks, from Lennox International. The transaction value was not disclosed and is subject to approval by Cade.
Swedish group Beijer Ref acquired Heatcraft Asia Pacific from Lennox International for approximately $90 million, including a separate sale of Heatcraft's distribution hub in Milperra, Australia.
Lennox International will build a new manufacturing facility in Saltillo, Mexico, for its Merit series air conditioners and heat pumps, moving production from Marshalltown, Iowa, and Grenada, Mo. The $45 million, 300,000 sq. ft. facility is expected to start production in Q2 2008.
Allied Air Enterprises, a manufacturer of HVAC solutions and part of Lennox International, committed to investing approximately $10 million at its existing Orangeburg County, South Carolina manufacturing facility over five years, creating 100 new jobs.
| Site | Largest | Latest |
|---|---|---|
| Ramos Arizpe, Mexico | $180.0M | 2021-01-29 |
| Saltillo, Mexico | $45.0M | 2018-02-20 |