Profile: Aaon Inc (AAON.OQ)
16 Feb 2018
AAON, Inc., incorporated on August 18, 1987, is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils. The Company's products serve the commercial and industrial new construction and replacement markets. The Company's rooftop and condensing unit markets primarily consists of units installed on commercial or industrial structures of generally less than 10 stories in height. Its air handling units, self-contained units, geothermal/water-source heat pumps, chillers, packaged outdoor mechanical rooms and coils are applicable to all sizes of commercial and industrial buildings. The replacement market consists of products installed to replace existing units/components that are worn or damaged. It marketed its products to over 50 states in the United States and certain provinces in Canada, as of December 31, 2016.
The Company's primary finished products consists of a single unit system containing heating and cooling in a self-contained cabinet, referred to in the industry as unitary products. Its other finished products are chillers, packaged outdoor mechanical rooms, coils, air handling units, condensing units, makeup air units, energy recovery units, rooftop units and geothermal/ water-source heat pumps. The Company offers three groups of rooftop units: the RQ Series, the RN Series and the RL Series. The RQ Series consisted of eight cooling sizes ranging from 2 to 10 tons; the RN Series was offered in 28 cooling sizes ranging from 6 to 140 tons; and the RL Series was offered in 21 cooling sizes ranging from 45 to 240 tons, as of December 31, 2016. The Company also offers the SA, SB and M2 Series as indoor packaged, water-cooled or geothermal/water-source heat pump self-contained units with cooling capacities of 3 to 70 tons. Its small packaged geothermal/water-source heat pump units consist of the WH Series horizontal configuration and WV Series vertical configuration. It manufactures a LF Series chiller, air-cooled, a LN Series chiller, air-cooled, and a LZ Series chiller and packaged outdoor mechanical room, which are available in both air-cooled condensing and evaporative-cooled configurations, covering a range of 4 to 540 tons. BL Series boiler outdoor mechanical rooms are also available with 400 to 6,000 MBH heating capacity. FZ Series fluid cooler outdoor mechanical rooms are also available with a range of 50 to 450 tons.
The Company offers four groups of condensing units: the CB Series, 2 to 5 tons; the CF Series, 2 to 70 tons; the CN Series, 55 to 140 tons; and the CL Series, 45 to 230 tons. The Company's air handling units consist of the indoor F1, H3 and V3 Series and the modular M2 and M3 Series, as well as air handling unit configurations of the RQ, RN, RL and SA Series units. Its energy recovery option applicable to its RQ, RN, RL and SB units, as well as its V3, M2 and M3 Series air handling units. Performance characteristics of its products range in cooling capacity from one-half to 540 tons and in heating capacity from 69,000 to 9,000,000 British thermal units (BTUs). It utilized approximately 65 independent manufacturer representatives' organizations (Representatives), which had 104 offices to market its products in the United States and Canada, as of December 31, 2016. It also had one international sales organization, which utilizes 12 distributors in other countries, as of December 31, 2016. Sales are made directly to the contractor or end user, with shipments being made from its Tulsa, Oklahoma, and Longview, Texas, plants to the job site.
The Company competes with Lennox International, Inc., Ingersoll Rand Limited, Johnson Controls Inc. and United Technologies Corporation.
2425 S Yukon Ave
TULSA OK 74107-2728