DALLAS, TX — Lennox International will report 1999 sales of about $2.4 billion, 30% over its 1998 performance, and projects this year’s sales to be about $3.2 billion, another 30% gain.
This was the bullish word from chairman John Norris, who attributed much of the next 12 months’ growth to the acquisition of Service Experts, which did more than $400 million as a stand-alone consolidated contractor. The company had 120 service centers in 36 states. Lennox’s own buyouts of its independent dealers add another 80 dealerships.