The Longview Economic Development Corporation Approves a Performance Contract with AAON, Inc.
June 28 2019 - 6:09PM
The Longview Economic Development Corporation (LEDCO) Board of
Directors voted to approve a performance contract Friday for AAON,
Inc.
AAON, a world leader in the manufacture 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, 195,000 sq. ft., will be completed by October 2020. The
ultimate build-out of 422,000 sq. ft. is tentatively scheduled for
2022 completion.
“I am thrilled that AAON has chosen to locate a
new portion of their operations to their Longview facility.
Existing companies are the backbone to our community and we are
honored with their decision to invest, grow, and prosper in
Longview.” Mayor Andy Mack.
“AAON has been an incredible community partner
for Longview since 1991. We are pleased that AAON has selected our
community for their expansion project. This decision
certainly is a testament to the work ethic and capabilities that
Longview can provide.” Wayne Mansfield, President/CEO LEDCO.
“We continue to strengthen our business with the
expansion of our Longview operation. The exceptional workforce in
the East Texas area provides a great opportunity for us to grow the
company and create value for our customers and stockholders.” Gary
Fields, AAON President
About AAONAAON, Inc. is engaged
in the engineering, manufacturing, marketing a 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 and coils. Since its founding 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.
About LEDCOThe Longview
Economic Development Corporation was created by the voters of
Longview in 1991 under the Development Act of 1979 (Texas Revised
Civil Statutes Article 5190.6) section 4A for the purpose of
creating and retaining primary jobs. The Corporation’s independent
board of directors, five voting members, five non-voting members,
is appointed by the mayor and city council. The Corporation owns
two business parks in Longview with 1,200 acres of land.
ContactEric TaylorPhone:
918-583-2266Email: marketing@aaon.com
AAON (NASDAQ:AAON)
Historical Stock Chart
From Aug 2024 to Sep 2024
AAON (NASDAQ:AAON)
Historical Stock Chart
From Sep 2023 to Sep 2024