AAON, Inc. News

AAON, Inc. announces that Paul K. (Ken) Lackey, Jr. will retire from the company’s Board of Directors following the end of his current term at AAON’s Annual Meeting of Stockholders on May 12, 2022. Mr. Lackey, who has served on AAON’s Board since 2007, decided to retire and not stand for re-election to the Board upon completion of his current term as he decreases his professional commitments. Gary D. Fields, AAON president, and CEO, said, “On behalf of the Board, I would...

AAON, Inc., announced that its Board of Directors elected Gene Stewart as Executive Vice President of AAON, Inc., effective January 1, 2022. In addition, the Board of Directors of the Company’s wholly-owned subsidiary, AAON Coil Products, Inc., has elected Doug Wichman as Executive Vice President of AAON Coil Products, also effective January 1, 2022.

AAON, Inc., a front-runner in innovation and production of premium quality, highly energy-efficient HVAC products for nonresidential buildings, announced that Gary Fields, CEO, and Rebecca Thompson, CFO, will participate in a virtual fireside chat at the Credit Suisse Global Industrials Conference. They will speak at 8:50 a.m. ET on Thursday, December 2, 2021.

AAON, Inc. a front-runner in innovation and production of premium quality, highly energy-efficient HVAC products for non-residential buildings, announced it has entered into a membership interest purchase agreement to acquire 100% of the equity interests of BasX, LLC, dba BasX Solutions (“BasX”), a front-runner in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. The transaction terms require an upfront...

AAON, Inc. announced that it achieved Platinum level in the 2021 Sustainable Tulsa Scor3card verification program. This follows up the company’s achievements of Platinum in 2020, Gold in 2019 and Bronze in 2018. Platinum level requires completing more than 85 percent of eligible directives. The company reported on material topics in the areas of inclusion and diversity, community resilience, material management, energy, water, workplace health and safety and transportation.

AAON, Inc. announced that President and Chief Executive Officer, Gary Fields, and Chief Financial Officer, Rebecca Thompson, will speak at the 14th Annual Wolfe Research Global Transportation & Industrials Conference held virtually on Wednesday, May 26, 2021 at 9:10 a.m. EDT.

AAON, Inc., announced that its Board of Directors has declared the Company’s next regular semi-annual cash dividend of $0.19 per share (or $0.38 annually), payable on July 1, 2021 to stockholders of record as of the close of business on June 3, 2021. The Company also announced that its Board of Directors has promoted Christopher D. Eason to the position of Chief Accounting Officer, effective May 11, 2021.

AAON, INC., announced its results for the first quarter of 2021. Net sales for the first quarter of 2021 decreased 15.8 percent to $115.8 million from $137.5 million in the first quarter of 2020. The year over year decline in net sales was partially attributable to fewer production days due to an extended holiday shutdown in early January and winter storm in February and is a reflection of our markets temporarily moderating at the end of 2020.

Since the beginning of the COVID-19 pandemic, HVAC systems have been at the center of concerns such as indoor air quality and the need to minimize potential exposure. At the local level, HVAC installers have increased their efforts to keep equipment and supplies clean, and technicians are wearing gloves and masks as protection to keep customers safe. Many HVAC companies have also sought to give back to local communities hard-hit by the pandemic. As an industry, HVAC has remained committed to ma...

Aaon, Inc., announced that its Board of Directors has authorized the company to make up purchases of shares of the company’s common stock. This is in accordance with a pre-arranged stock repurchase plan adopted by the company and also in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, as well as from time to time in the open market or through privately negotiated transactions at prevailing market prices, depending on market con...

AAON, Inc. announced that Norman H. Asbjornson, Chief Executive Officer and Founder of AAON, Inc. (the “Company”), will transition to the role of Executive Chairman, effective May 12, 2020. The Company also announced that Gary D. Fields, President, will assume the role of Chief Executive Officer (in addition to his current position of President), also to be effective May 12, 2020. As Executive Chairman, Mr. Asbjornson will lead the Board and continue to provide the full benefit of h...

AAON, Inc. announced that the first truckload of AAON HVAC equipment shipped out for the Stony Brook Temporary Hospital under construction in Stony Brook, NY. As an essential manufacturer of HVAC systems, AAON is doing all they can for their customers that have AAON equipment on critical infrastructure and those customers that need new equipment or parts for critical infrastructure. “On Sunday, March 29th, I received a call from Joe Sbarra, the President of the AAON sales representative o...

Mikel D. Crews notified AAON, Inc. of his intent to retire as Vice President, Operations, effective May 2020. Mr. Crews has been with the Company since its inception and had a large role in developing the talent to succeed him. In furtherance of the Company’s ongoing succession planning initiatives, Mr. Crews’ duties will be reallocated to Stephen Wakefield, Vice President of Engineering, as well as other Company personnel. Mr. Crews has served as Vice President, Operations since 20...

AAON, Inc. a manufacturer of heating and cooling products, announced that it has been recognized by 2020 Women on Boards as an Oklahoma “W” Company for having 20% or more company board seats held by women. AAON’s 8-member board of directors includes 2 women, or 25%. Campaign to Increase women on U.S. company boards We are committed to hiring, retaining and promoting a diverse workforce while advancing a culture of inclusion” 2020 Women on Boards is a non-profit campaig...

AAON, Inc. announces Stephanie Cameron, Community Relations Administrator at AAON has been appointed by Oklahoma Governor Kevin Stitt to the Governor’s Council for Workforce and Economic Development. Cameron has been an advocate and pioneer in the promotion of manufacturing, STEM and skilled trades locally and nationally and continues that work in her role with AAON, a manufacturer of heating and cooling products. Coordinated workforce development system She serves on the boards of The...

AAON, Inc. a manufacturer of heating and cooling products, announces that it achieved Gold level in the 2019 Sustainable Tulsa Scor3card verification program. The company reported on cornerstone directives in the areas of Energy, Healthy Work Environment, Materials Management, Transportation, Water, Community Stewardship and Communications. AAON has focused on energy conservation and waste reduction. Advanced Lighting Control System One example of the company’s sustainability efforts is...

Aaon Inc. a manufacturer of heating and cooling products, announced that it has been named one of Oklahoma Magazine’s Great Companies to Work For. Companies are selected by Oklahoma Magazine utilizing a variety of resources, including an online application process, a survey of the state’s private-sector employers and commercial and public-sector studies and surveys. AAON employs more than 2,000 people at its Tulsa headquarters and manufacturing facility, and is a top 40 employer for...

AAON, Inc., a manufacturer of heating and cooling products, officially opened the Norman Asbjornson Innovation Center (NAIC) Research and Development Laboratory. The Lieutenant Governor of Oklahoma, Matt Pinnell, the President and CEO of the Tulsa Regional Chamber, Mike Neal, and other local dignitaries attended the ribbon cutting ceremony. The 65-foot tall 134,000 square foot facility features ten test chambers that continue to solidify AAON as the technological pioneer in high performance HVA...

AAON, Inc., a globally renowned manufacturer of heating and cooling products, has announced a New Markets Tax Credit (NMTC) allocation for its new facility expansion at the Longview, Texas manufacturing plant. New Markets Tax Credit allocation AAON received a US$ 23.0 million NMTC allocation for the project and secured low interest financing and the potential for future debt forgiveness related to the expansion. In August, AAON broke ground on a 195,000 square foot building with an expected c...

AAON, Inc., global manufacturer of heating and cooling products, has selected Sospes’ EHS management software as its environmental, health and safety platform partner for its operations in Oklahoma, Texas and Missouri. AAON products are regularly recognized as industry-leading, most recently winning awards in July 2019 for excellence in product design in the 16th annual Dealer Design Awards Program. Sospes’ EHS management software Sospes’ EHS software improves communication...

In celebration of MFG Day (Manufacturing Day) 2019 on Friday, October 4th, AAON, Inc. is hosting students from Tulsa MET High School and Webster School, in partnership with Youth Entrepreneurs, for tours as part of an effort to highlight the modern manufacturing sector, which is a vibrant and growing industry that offers diverse, high-paying career opportunities and future prospects for students. MFG Day celebrations MFG Day, an annual national event held in communities across the United State...

AAON, Inc., a globally renowned manufacturer of heating and cooling products, has selected Sospes’ EHS management software as its environmental, health and safety platform partner for its operations in Oklahoma, Texas and Missouri. AAON products are regularly recognized as industry-renowned, most recently winning awards in July 2019 for excellence in product design in the 16th annual Dealer Design Awards Program. EHS management software Sospes’ EHS management software improves com...

AAON, Inc., a renowned manufacturer of heating and cooling products, announced that its RN Series with Two Stage Compressors and WV Series Water-Source Heat Pump have each been named 2019 Product of the Year by the readers of Consulting-Specifying Engineer. AAON RN Series Rooftop Units with Two Stage Compressors, Silver award winner in the Air Movement & Humidification category, provide the simplicity of the staged capacity control with the high part load efficiencies (SEER/IEER) of variabl...

AAON, Inc., a manufacturer of heating and cooling products, breaks ground on a new facility at the Longview, Texas manufacturing plant. The facility is part of a $28 million capital investment at the Longview operation. The first phase of construction will be a 195,000 square feet building with an expected completion date of October 2020. It will be used for both coil warehouse storage and equipment manufacturing operations. vision for growth “We are very excited about the decision to e...

The Longview Economic Development Corporation (LEDCO) Board of Directors voted to approve a performance contract Friday for AAON, Inc. AAON, a manufacturer of premium HVAC equipment, will relocate the manufacturing of its SA Series self-contained unit product to its facility in Longview, 203 Gum Springs Road. The company will make a capital investment of $28 million, including the construction of a new facility, equipment and the creation of 125 new jobs. The first phase of facility expansion,...

AAON, Inc. announced that a second HVAC parts and supply store has opened in Tulsa, Oklahoma. The newly opened AAON Parts & Supply is located on the southwest corner of 51st and Mingo in East Tulsa, and features 6,500 sq. ft. of retail space and 10,000 sq. ft. of warehouse space. The original AAON Parts & Supply is located in the company’s manufacturing plant and headquarters at 2425 S. Yukon Avenue in West Tulsa. AAON Parts & Supply offers replacement parts for AAON equipment,...

AAON, Inc., announced that its Board of Directors has declared its next regular semi-annual cash dividend. The next cash dividend will be payable on July 1, 2019, to stockholders of record as of the close of business on June 3, 2019. Norman H. Asbjornson, CEO, stated, “We continually work to create meaningful value for stockholders and are pleased our strong capital position allows us to do so through our cash dividend.”

AAON, Inc., announced that Jack E. Short will retire from the Company’s Board of Directors following the end of his current term at AAON’s 2020 Annual Meeting of Stockholders. Mr. Short decided to not stand for re-election to the Board upon completion of his current term as he decreases his professional commitments. The Company also announced Mr. Short stepped down as Chair of the Company’s Audit Committee, and that Caron Lawhorn was appointed as Chair of the Audit Committee t...

AAON, Inc. welcomed ASHRAE President Sheila Hayter to the new Norm Asbjornson Innovation Center Research and Development Laboratory (NAIC). Hayter toured the NAIC and was introduced to its industry leading testing capabilities. During the event, ASHRAE was presented with a Platinum Circle Donor check of $20,000 from AAON. The Norman Asbjornson Innovation Center is a 65-foot-tall 134,000 square foot laboratory marvel able to measure both acoustics and thermal performance. A few features of the l...

AAON, Inc., announced that its Board of Directors has increased the size of the Board from seven to eight members and appointed Caron A. Lawhorn as an independent director to fill the vacancy created by the increase in size. Norman H. Asbjornson, CEO, stated, “I am very pleased to welcome Caron Lawhorn as a new member of AAON’s Board of Directors. Our Governance Committee conducted a very thorough search over the last several months to add an independent director with the skills and...