Lennox International
Estimated Cost: $10 million in 2019
HVAC systems manufacturer Lennox International expected to lose $10 million from Chinese tariffs in 2019, Chief Financial Officer Joseph Reitmeier said in a Q4 2018 earnings call. The company’s CEO, Todd Bluedorn, said in a previous earnings call that Lennox planned on importing raw materials from Southeast Asia to avoid additional tariff costs.
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