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HVAC Manufacturer Expanding in Oklahoma

04/22/2008
Aaon Inc., a manufacturer of rooftop air conditioning and heating units, will expand its Tulsa, Oklahoma, operation to double its current work force of 1,000 and triple its production lines. According to Norman Asbjornson, the company's president and CEO, full financial information has not yet been calculated, but immediate plans are for $5 million on a new, 150,000-square-foot assembly building and $50 million on additional machinery. Over the next 10 years, the company plans to add more than 600,000 square feet of total manufacturing space. "We're totally debt-free," says Sam Neale, Aaon's marketing manager. "The expansion will be paid for totally out of cash flow." Company officials say they are still in the process of figuring out logistics for the expansion, including the need for possible road improvements in the area.

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