RICHARDSON, Texas — Lennox International Inc. has signed a letter of intent to purchase essentially all assets of the Air Conditioning and Heating Division of The Ducane Company.
Ducane has begun a search to relocate its gas grill production, which is not part of the Lennox transaction. Until the relocation, Ducane will lease a portion of its Blackville, S.C. facility and continue to produce barbecue grills under the control of the Ducate family.