RICHARDSON, Texas — Lennox Industries announced a price increase of 6-9% on all residential and commercial equipment, controls, and parts & supplies. The increase will be effective June 1, 2021.
“We continue to see inflationary pressures on raw material costs significantly impacting our business,” said Elliot Zimmer, president and chief operating officer of Lennox Commercial.
“These increases on steel, copper, plastics, and integrated components require us to pass these costs through the value chain,” said Quan Nguyen, vice president and general manager of Lennox Residential.
Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!