The Company is engaged in the manufacture and sale of air-conditioning and heating equipment consisting of standardized and custom rooftop units, chillers, air-handling units, make-up air units, heat recovery units, condensing units, coils and boilers.
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AAON is not just a domestic story. They sell AC unit to Wal-Mart, a company making moves to infiltrate the Chinese market. AAON's products will move with them and an ascendant China will fall in love with air-conditioning just like America.
Just to be clear - AAON supplies Wal-Mart industrial AC units for use in its stores, not resale units. Love the cash yield and ROIC on this one!
Just to be clear - AAON supplies Wal-Mart industrial AC units for use in its stores, not resale units. Love the cash yield and ROIC on this one!