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AAON was founded in 1988 when Norman H. Asbjornson set out to create a commercial HVAC company that designed and manufactured semi-custom equipment. [2] Asbjornson purchased the heating and air-conditioning division of John Zink and created a new company called AAON. The name ensured the company would be listed first in the phone directories. [3]
By 1916, the Trane's were no longer in the plumbing business, but instead focused their attention on manufacturing heating products. Reuben's invention of the convector radiator in 1923, which replaced the heavy, bulky, cast-iron radiators that prevailed at the time, was a major success. Trane's first air conditioning unit was developed in 1931.
In June 1997, 12 companies were merged into the newly-formed Comfort Systems USA, which then became a public company via an initial public offering. [4] [5]In February 2002, after a decline in business after the September 11 attacks and facing $205 million in debt due the following year, the company sold 19 subsidiaries to Emcor for $164 million in cash and the assumption of $22 million of debt.
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ICP is a Carrier subsidiary. ICP makes oil and gas furnaces, heat pumps, and central air-conditioning systems for residential and commercial customers. [1] It manufacturers, markets, and sells residential heating and cooling systems under the Arcoaire, Comfortmaker, Day & Night, Heil, KeepRite, Lincoln, and Tempstar brands; its commercial units, with up to 25 tons of cooling capacity, are sold ...
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