Lennox International says insurance will cover losses sustained in Marshalltown tornado
BPC Staff Dec 17, 2018 | 5:21 pm
<1 min read time
63 wordsAll Latest News, Manufacturing, Statewide NewsLennox International, which sustained heavy damage to its Marshalltown manufacturing facilities during the July 19 tornado, said insurance proceeds “in some cases exceeded expectations,” reports the Marshalltown Times-Republican. The company expects to receive about $347 million in insurance proceeds, including $124 million in 2018 and $223 million in 2019. Lennox International is projecting revenue growth of 3 to 7 percent in 2019.
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