← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
AAON
-21.79%
Machinery & equipment / Heating, ventilation, and air conditioning equipment
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebCompany at a Glance
Overview
AAON is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) equipment. The company was founded in 1988 by Norm Asbjornson and is headquartered in Tulsa, Oklahoma. AAON has grown to become one of the top HVAC companies in the United States, with over 2,000 employees and annual revenues of over $500 million.
The company prides itself on its innovative and energy-efficient products, with a focus on research and development to continually improve and advance their technologies. AAON also takes a customer-focused approach, providing superior service and support to their clients.
In addition to their main manufacturing facility in Tulsa, AAON also has production facilities in Longview, Texas and in Phoenix, Arizona. They have a broad range of products, including rooftop units, chillers, air handlers, and heat pumps, that are used in commercial, industrial, and residential settings.
AAON’s reputation for high-quality and reliable products has earned them numerous industry awards, including the Most Innovative award from the AHR Expo and Manufacturer of the Year from the Mechanical Contractors Association of America.
Overall, AAON is a well-respected and established company in the HVAC industry, known for their commitment to innovation, customer service, and energy efficiency.
The company prides itself on its innovative and energy-efficient products, with a focus on research and development to continually improve and advance their technologies. AAON also takes a customer-focused approach, providing superior service and support to their clients.
In addition to their main manufacturing facility in Tulsa, AAON also has production facilities in Longview, Texas and in Phoenix, Arizona. They have a broad range of products, including rooftop units, chillers, air handlers, and heat pumps, that are used in commercial, industrial, and residential settings.
AAON’s reputation for high-quality and reliable products has earned them numerous industry awards, including the Most Innovative award from the AHR Expo and Manufacturer of the Year from the Mechanical Contractors Association of America.
Overall, AAON is a well-respected and established company in the HVAC industry, known for their commitment to innovation, customer service, and energy efficiency.
What is special about the company?
1. Innovative and energy-efficient products: AAON is known for its cutting-edge technology and energy-efficient products. They were one of the first companies to use variable speed compressors in their HVAC systems, resulting in significant energy savings for their customers.
2. Customizable solutions: AAON offers customizable solutions for its customers, allowing them to tailor their products according to their specific needs. This flexibility has made AAON a preferred choice for many commercial and industrial customers.
3. Focus on customer satisfaction: AAON has a dedicated customer service team that strives to provide excellent support to their clients, from product selection to installation and maintenance. They have a strong focus on customer satisfaction and work towards building long-term relationships with their customers.
4. Quality and reliability: AAON has a reputation for delivering high-quality, reliable equipment. They use premium components and advanced manufacturing processes to ensure their products meet the highest standards of quality and performance.
5. Vertical integration: AAON has control over their entire supply chain, from design to production, allowing them to maintain high levels of quality and efficiency. This vertical integration also gives them the ability to quickly adapt to changing market demands and provide customized solutions.
6. Sustainable practices: AAON is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a LEED-certified headquarters and also offer energy-saving options for their products, promoting a greener and more sustainable future.
7. Recognitions and awards: AAON has received numerous awards and recognitions for their products, including the prestigious “Most Innovative Product of the Year” by the AHR Expo. Their commitment to innovation and customer satisfaction has been acknowledged by various industry organizations.
8. Employee-focused culture: AAON values its employees and creates a positive work environment for them. They offer competitive benefits, training and development programs, and opportunities for growth and advancement within the company. This has resulted in a highly skilled and dedicated workforce, contributing to the company’s success.
2. Customizable solutions: AAON offers customizable solutions for its customers, allowing them to tailor their products according to their specific needs. This flexibility has made AAON a preferred choice for many commercial and industrial customers.
3. Focus on customer satisfaction: AAON has a dedicated customer service team that strives to provide excellent support to their clients, from product selection to installation and maintenance. They have a strong focus on customer satisfaction and work towards building long-term relationships with their customers.
4. Quality and reliability: AAON has a reputation for delivering high-quality, reliable equipment. They use premium components and advanced manufacturing processes to ensure their products meet the highest standards of quality and performance.
5. Vertical integration: AAON has control over their entire supply chain, from design to production, allowing them to maintain high levels of quality and efficiency. This vertical integration also gives them the ability to quickly adapt to changing market demands and provide customized solutions.
6. Sustainable practices: AAON is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a LEED-certified headquarters and also offer energy-saving options for their products, promoting a greener and more sustainable future.
7. Recognitions and awards: AAON has received numerous awards and recognitions for their products, including the prestigious “Most Innovative Product of the Year” by the AHR Expo. Their commitment to innovation and customer satisfaction has been acknowledged by various industry organizations.
8. Employee-focused culture: AAON values its employees and creates a positive work environment for them. They offer competitive benefits, training and development programs, and opportunities for growth and advancement within the company. This has resulted in a highly skilled and dedicated workforce, contributing to the company’s success.
What the company's business model?
The AAON company’s business model is focused on designing, manufacturing, and selling high-quality heating, ventilation, and air conditioning (HVAC) systems for commercial and residential markets. They provide a range of products including rooftop units, chillers, boilers, air handling units, and other HVAC components. Their business model also includes providing exceptional customer service and support, as well as investing in research and development to continuously improve and expand their product offerings. AAON’s target market includes various commercial buildings such as warehouses, schools, hospitals, and office buildings, as well as residential homes. They also have a strong focus on energy efficiency and sustainability in their products and operations.
Interesting facts about the company
- AAON, Inc. is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) equipment for commercial and industrial buildings.
- The company was founded in 1988 in Tulsa, Oklahoma by CEO Norm Asbjornson.
- The name AAON stands for Asbjornson-Allison-Odland Network, honoring the three founding partners.
- AAON has over 2,000 employees and operates manufacturing facilities in Tulsa, OK and Longview, TX, as well as a distribution center in California.
- The company’s products are sold in all 50 states and in over 80 countries worldwide.
- AAON has received numerous awards and recognition for its energy-efficient and sustainable HVAC systems, including the Energy Star Partner of the Year award from the U.S. Environmental Protection Agency.
- In addition to HVAC equipment, AAON also offers control systems, energy recovery units, and test chambers for the automotive industry.
- The company’s headquarters in Tulsa, OK features a 365,000 square foot manufacturing facility and a state-of-the-art testing laboratory.
- AAON is a publicly traded company on the NASDAQ stock exchange under the ticker symbol AAON.
- The company has a strong commitment to environmental sustainability, incorporating energy-efficient design and production practices in its operations and products.
See Company Due Diligence:
- The company was founded in 1988 in Tulsa, Oklahoma by CEO Norm Asbjornson.
- The name AAON stands for Asbjornson-Allison-Odland Network, honoring the three founding partners.
- AAON has over 2,000 employees and operates manufacturing facilities in Tulsa, OK and Longview, TX, as well as a distribution center in California.
- The company’s products are sold in all 50 states and in over 80 countries worldwide.
- AAON has received numerous awards and recognition for its energy-efficient and sustainable HVAC systems, including the Energy Star Partner of the Year award from the U.S. Environmental Protection Agency.
- In addition to HVAC equipment, AAON also offers control systems, energy recovery units, and test chambers for the automotive industry.
- The company’s headquarters in Tulsa, OK features a 365,000 square foot manufacturing facility and a state-of-the-art testing laboratory.
- AAON is a publicly traded company on the NASDAQ stock exchange under the ticker symbol AAON.
- The company has a strong commitment to environmental sustainability, incorporating energy-efficient design and production practices in its operations and products.
See Company Due Diligence:
Wait! There's more — sign up for free or log in