Lennox International to Open Global Technology Center in Chennai, India
DALLAS, June 21, 2010 /PRNewswire via COMTEX/ --Lennox International Inc. (NYSE: LII) announced it has launched a global technology center in Chennai, India to support the company's global research & development and information technology operations. The center will help LII continue developing innovative HVACR systems and solutions for their markets around the world.
"Innovation and product differentiation are the lifeblood of LII," said Todd Bluedorn, Chief Executive Officer. "This latest expansion of our technology footprint is consistent with our strategy of growth through leadership products and solutions in the global markets we serve."
The center will focus primarily on controls engineering, analysis center of excellence, and information technology applications. It is expected to play a key role in the development and exchange of knowledge, expertise, and best practices within the broader LII technology organization.
"We've chosen Chennai after carefully benchmarking other locations around the world," said Prakash Bedapudi, LII Chief Technology Officer. "Chennai has one of the world's most highly trained engineering and information technology resource pools, and we are excited to work with the best and brightest to further extend LII's technology leadership."
Through its subsidiaries, Lennox International Inc. is a global leader in the heating, air conditioning, and refrigeration markets. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII." For more information visit www.lennoxinternational.com, or contact Ozzie Buckler, Director, Communications & Public Relations, at 972-497-7456.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Lennox International's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
SOURCE: Lennox International Inc.