| Business Summary | | AAON,
Inc.
engineers,
manufactures
and
markets
commercial
rooftop
air
conditioning,
heating
and
heat
recovery
equipment,
air
conditioning
coils
and
air-handling
and
condensing
units.
Its
products
serve
the
commercial
and
industrial
new
construction
and
replacement
markets.
As
of
December
31,
2000,
virtually
all
of
the
Company's
sales
have
been
to
the
domestic
market,
with
foreign
sales
accounting
for
only
2%
of
sales
in
2000.
The
Company
operates
its
wholly
owned
subsidiary,
AAON,
Inc.
(AAON-Oklahoma),
which
is
engaged
in
the
manufacture
and
sale
of
commercial
rooftop
air
conditioners
and
heating
equipment.
The
Company's
other
wholly
owned
subsidiary,
AAON
Coil
Products
Inc.,
owns
most
of
the
assets
of
Coils
Plus
Inc.,
which
manufactures
coils
used
in
the
Company's
products,
as
well
as
air-handling
and
condensing
units
introduced
in
1998. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AAON
engineers,
manufactures
and
markets
commercial
rooftop
air
conditioning,
heating
and
heat
recovery
equipment
and
air
conditioning
coils,
serving
the
commercial
and
industrial
new
construction
and
replacement
markets.
For
the
six
months
ended
6/30/01,
net
sales
rose
8%
to
$81
million.
Net
income
rose
16%
to
$7.4
million.
Revenues
reflect
increased
sales
to
the
Company's
entire
customer
base.
Net
income
also
reflects
increased
gross
profit
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Norman Asbjornson, 65 Pres,
Director | $244K | $395K | Robert Fergus, 60 VP | 137K | 344K | Kathy Sheffield, 48 Treasurer | -- | -- | John Johnson, Jr., 67 Sec. | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|