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LenelS2 company history timeline

1992

In early 1992 it unveiled an ambitious restructuring plan in which more than 100 plants were to be closed or merged and 11,000 jobs cut.

In 1992, after a four-year slide and despite downsizings and reorganizations, Carrier Corporation remained a troubled subsidiary and a drag on the parent's performance.

1994

In 1994 the company announced that it would begin phasing out the use of CFCs worldwide, well in advance of when this would be required in many markets.

1995

In 1994 the company announced that it would begin phasing out the use of CFCs worldwide, well in advance of when this would be required in many markets. As a result of the company's aggressive pursuit of business in emerging markets--including making early entries into such countries as India, China, and Vietnam--more than 50 percent of sales occurred outside the United States in 1995, compared to just 10 percent 15 years earlier.

1996

By mid-1996, Carrier had 33 companies, 17 joint ventures, 15 factories, more than 6,000 outlets, and thousands of employees in the Far East alone.

1998

The acquired unit, generator of $300 million in 1998 sales, produced refrigeration equipment for commercial customers within the supermarket, convenience store, food, and beverage markets.

1999

Carrier also formed a joint venture with Toshiba Corporation in 1999.

2002

Continuing its cost-cutting efforts, Carrier announced the closure of its heating and air conditioning plant in Lewisburg, Tennessee, in March 2002.

2010

Since then, it has pioneered work in everything from efficient diesel/electric installations to introduction of the first natural refrigerant container unit in 2010.

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Founded
1991
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Headquarters
Pittsford, NY
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LenelS2 may also be known as or be related to LenelS2, Lenel Systems International, Inc. and Lenel Systems International.