AAON Announces Price Increase
March 09 2021 - 7:00AM
AAON, Inc. (NASDAQ: AAON) today announced a price increase of 4% on
all AAON HVAC equipment. This price increase is a direct result of
increased raw material and component costs, including stainless
steel, galvanized steel and copper, which are up 30 to 50% compared
to last year. The price increase is effective June 1st, 2021.
“As raw material prices have continued to rise
considerably, this is also driving a 3 to 4% increase in our
component costs. We intend to stay ahead of these inflationary
pressures and must increase the price of AAON equipment,” said Gary
Fields, AAON President and CEO.
About AAONAAON 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 InformationEric TaylorPhone:
918-583-2266Email: Marketing@AAON.com
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