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AAON Announces Price Increase

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AAON, a leading manufacturer of HVAC equipment, announced a 5% price increase on all products effective September 1, 2021, due to inflationary pressures. This adjustment reflects the company's ongoing commitment to maintaining product quality while addressing rising costs. Established in 1988, AAON specializes in a range of heating and cooling solutions, including rooftop units and geothermal heat pumps. For further details, visit www.AAON.com.

Positive
  • Price increase of 5% indicates proactive response to inflationary pressures, potentially stabilizing margins.
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  • Increased prices may lead to reduced demand for AAON products, impacting overall sales.

TULSA, Okla., June 17, 2021 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ: AAON) today announced a price increase of 5% on all AAON HVAC equipment. This price increase is a result of inflationary pressures. The price increase is effective September 1, 2021.

About AAON
AAON 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, coils and controls. Since the founding of AAON in 1988, AAON has maintained a commitment to design, develop, manufacture and deliver heating and cooling products to perform beyond all expectations and demonstrate the value of AAON to our customers. For more information, please visit www.AAON.com.

Contact Information
Eric Taylor
Phone: 918-583-2266
Email: Marketing@AAON.com


FAQ

What is the effective date of AAON's price increase?

The price increase is effective September 1, 2021.

Why is AAON increasing prices on HVAC equipment?

AAON is increasing prices due to inflationary pressures.

What percentage is AAON increasing their HVAC equipment prices?

AAON is increasing their prices by 5%.

What types of products does AAON manufacture?

AAON manufactures HVAC equipment including rooftop units, chillers, and geothermal heat pumps.

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Building Products & Equipment
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
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United States of America
TULSA