Aaon announces orders totaling $174.5M

AAON (AAON) announces it was recently awarded orders from one data center customer that approximately totaled $174.5M. Under these orders, AAON will provide a custom-designed thermal management system supporting a liquid cooling deployment for the customer’s data centers. The equipment will be manufactured under our BASX brand in our existing and newly constructed facilities at our Longview, Texas location and is expected to mostly be produced and delivered in the first half of 2025. The construction of the new facility is on schedule to be completed by the end of this year and the Company has already begun staffing, training and setting up the operations in preparation for production to commence in early 2025.