Investor Presentaiton
AAON
AAON's Foundation Is Based On Two Core Platforms
Semi-Customization
In 1988, the industry was divided between
standard equipment and fully custom
equipment
• Fully custom was higher quality
equipment, but cost multiples of the
standard cost
• AAON bridged the gap between standard
and fully custom equipment
To do this, required a semi-custom
production line and a heavy amount of
automation
Innovation
Thirty-five years ago, standard equipment
made up a vast majority of the industry
In many applications within commercial
buildings, standard equipment is
extremely inefficient
In 1988, founder Norm Asbjornson
recognized an untapped market associated
with a demand for higher performing, higher
efficient equipment
Through innovation, AAON was established,
carving out its own niche of the market.
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