AAON

AAON Inc. (Nasdaq: AAON) designs, manufactures and sells semi-custom heating, ventilation and air conditioning equipment (HVAC) for commercial and residential use.[1]

AAON Inc.
TypePublic
Nasdaq: AAON
S&P 600 component
IndustryHeating, Ventilating and Air Conditioning (HVAC)
Founded1988 (1988)
HeadquartersTulsa, Oklahoma
Number of employees
2,881
Websiteaaon.com

AAON Inc. was founded by Norm Asbjornson in 1987, when he purchased the air conditioning and heating division of John Zink. Asbjornson became both founding president and CEO.[2] As of 2021, AAON employed 2,881 people combined at its headquarters in Tulsa, Oklahoma and secondary locations in Longview, Texas and Kansas City, Missouri. AAON Inc. had around $535 million net sales in 2021.

The company broke ground on a new R&D lab in Tulsa on February 25, 2016. At the time, AAON was also expanding its manufacturing facility nearby.[3] The research lab cost US$33 million and opened in October 2019.[4]

Its subsidiary, AAON Coil Products manufactures a variety of heating/cooling products, as well as coils used in the heating, ventilation, and air conditioning (HVAC) industry and provides coils to AAON and other customers.

See also

References
  1. "Aaon: When Cool Heads Prevail". BusinessWeek. Archived from the original on 10 June 2001. Retrieved 11 June 2001.
  2. Smith, Casey (June 15, 2016). "Tulsa's AAON Inc. expanding with record sales and earnings". Tulsa World.
  3. "AAON Opens Norman Asbjornson Innovation Center Laboratory". ACHR News. October 31, 2019.
  4. Hardiman, Samuel (February 26, 2016). "AAON credits expanding sales staff for growth in 2015". Tulsa World. Retrieved July 30, 2016.
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