Air Cooled Condensers Sales

Air Cooled Condensers Sales Market Outlook

The global air cooled condensers market is projected to reach approximately USD 5.8 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2025 to 2035. This growth is significantly driven by the increasing demand for energy-efficient cooling systems across various industries, including power generation, chemical processing, and HVAC applications. The rising emphasis on sustainable practices and the reduction of greenhouse gas emissions are prompting industries to opt for air cooled condensers as an eco-friendly alternative. Additionally, the expansion of the oil and gas sector, coupled with advancements in manufacturing technologies, is expected to contribute to the market's upward trajectory. Furthermore, the growing trend of industrial automation and the need for high-performance cooling solutions are bolstering the demand for air cooled condensers globally.

Growth Factor of the Market

The air cooled condensers market is experiencing considerable growth due to several interrelated factors. One of the primary drivers is the increasing focus on energy efficiency and environmental sustainability across industries, prompting a shift towards air cooled systems that do not require water for operation. This shift is especially beneficial in regions facing water scarcity or stringent regulations regarding water discharge. Moreover, advancements in technology have led to the development of high-performance condensers that offer enhanced thermal efficiency and reduce operational costs. The ongoing expansion of industrial sectors, particularly in emerging economies, is fueling the demand for reliable and efficient cooling systems. Furthermore, the growing adoption of combined cycle power plants and the need for better waste heat recovery solutions are additional factors contributing to market growth. As industries continue to prioritize sustainable and energy-efficient technologies, the demand for air cooled condensers is expected to remain robust in the coming years.

Key Highlights of the Market

• Projected market size of USD 5.8 billion by 2035, growing at a CAGR of 5.4%.
• Increased focus on energy efficiency and environmental sustainability driving demand.
• Technological advancements leading to high-performance cooling systems.
• Expanding industrial sectors in emerging economies boosting market growth.
• Growing adoption of air cooled condensers in power plants and HVAC systems.

By Product Type

Dry Cooler:

Dry coolers are a prominent type of air cooled condensers primarily used for cooling applications in various industries. They operate by passing air over a coil containing refrigerant or heat transfer fluid, effectively rejecting heat to the surrounding atmosphere. These systems are particularly advantageous in regions where water is scarce or costly, making them an ideal choice for applications in HVAC systems, power plants, and industrial processes. Dry coolers are known for their ability to maintain consistent and efficient cooling performance even under varying environmental conditions. Additionally, their low maintenance requirements and long service life further enhance their attractiveness for end-users seeking reliable cooling solutions. The increasing demand for water conservation and sustainable cooling technologies is driving the adoption of dry coolers across various sectors, contributing significantly to the growth of the air cooled condensers market. 

Air Cooled Heat Exchangers:

Air cooled heat exchangers are another vital segment within the air cooled condensers market, utilized for transferring heat between two or more fluids. These systems are designed to reject heat from process fluids to the ambient air, providing efficient cooling without the need for water. Their applications span across numerous industries, including chemical processing, oil and gas, and power generation. The growing trend towards sustainable practices and the reduction of water usage is promoting the adoption of air cooled heat exchangers as companies seek to minimize their environmental footprint. Furthermore, advancements in heat exchanger technology, such as improved fin designs and enhanced materials, are leading to greater heat transfer efficiency and compact designs. The increased focus on industrial efficiency and the need for reliable cooling solutions are expected to fuel the growth of the air cooled heat exchanger segment within the air cooled condensers market.

Evaporative Condenser:

Evaporative condensers are characterized by their unique ability to combine air and water cooling processes, making them highly efficient for various applications. These systems work by allowing water to evaporate from the surface of the heat exchanger, which absorbs heat from the refrigerant or process fluid, leading to efficient heat rejection. Evaporative condensers find widespread use in industrial refrigeration, HVAC systems, and power plants, where cooling performance is critical. The growing demand for efficient cooling technologies, especially in regions with high ambient temperatures, is driving the adoption of evaporative condensers. Additionally, their ability to provide effective cooling while minimizing water consumption makes them an attractive option for industries looking to enhance sustainability. With advancements in technology and design, evaporative condensers are expected to gain further traction in the air cooled condensers market, contributing to overall market growth.

Hybrid Condenser:

Hybrid condensers represent a cutting-edge solution in the air cooled condensers market, combining both air-cooled and evaporative cooling technologies to optimize performance across various conditions. These systems leverage the benefits of both technologies, offering enhanced cooling efficiency and reduced water usage compared to traditional condensers. Hybrid condensers are particularly advantageous in applications where fluctuating environmental conditions can impact performance, providing a versatile solution for industries such as power generation, HVAC, and chemical processing. The increasing emphasis on energy conservation and sustainable practices is propelling the adoption of hybrid condensers, as they can significantly lower operational costs while maintaining effective cooling. As industries continue to prioritize eco-friendly technologies, the hybrid condenser segment is poised for substantial growth, further bolstering the air cooled condensers market.

Thermosyphon:

Thermosyphon systems are another essential type of air cooled condensers that utilize natural convection to facilitate heat transfer. These systems operate based on the principle that hot fluids rise while cooler fluids sink, creating a continuous cycle that aids in cooling without the need for mechanical pumps. Thermosyphon systems are commonly used in applications such as refrigeration, HVAC, and industrial processes where efficient heat exchange is required. Their inherent simplicity and reliability make them a popular choice among end-users, contributing to reduced operational costs and maintenance requirements. Furthermore, the growing focus on energy-efficient technologies and sustainable cooling solutions is driving the adoption of thermosyphon systems in various industries. As companies seek to optimize their cooling processes and minimize environmental impact, the thermosyphon segment is expected to play a crucial role in the overall growth of the air cooled condensers market.

By Application

Power Plants:

Power plants are one of the largest applications for air cooled condensers, as they play a critical role in the efficient operation of energy generation systems. In power generation, these condensers are essential for rejecting waste heat produced during the electricity generation process. The increasing demand for electricity worldwide, coupled with the need for efficient and sustainable energy solutions, is propelling the adoption of air cooled condensers in power plants. These systems not only help in maintaining optimal operational temperatures but also reduce water consumption, aligning with the growing emphasis on sustainability. Additionally, advancements in condenser technology are leading to improved thermal performance, further enhancing their attractiveness for use in power generation. As the global energy landscape continues to evolve, the demand for air cooled condensers in power plants is anticipated to grow significantly.

Chemical Plants:

In chemical plants, air cooled condensers are utilized for various cooling applications, such as in the distillation process and other heat exchange operations. Their ability to efficiently reject heat while minimizing water usage makes them an ideal choice for the chemical industry, where operational efficiency and sustainability are paramount. The rising concerns over water scarcity and the need for eco-friendly solutions are driving chemical plants to adopt air cooled technologies. Moreover, the evolving regulatory landscape regarding environmental standards is pushing companies to implement sustainable practices, further promoting the use of air cooled condensers. As the chemical industry continues to face challenges related to energy efficiency and resource management, the demand for air cooled condensers is expected to witness substantial growth in this sector.

HVAC Systems:

Air cooled condensers play a vital role in Heating, Ventilation, and Air Conditioning (HVAC) systems, providing essential cooling functionality for residential, commercial, and industrial applications. With the rising demand for energy-efficient HVAC solutions, the market for air cooled condensers in this sector is experiencing significant growth. These condensers help maintain optimal indoor temperatures while minimizing energy consumption, aligning with the growing emphasis on sustainability and energy conservation. Furthermore, the increasing urbanization and population growth are driving the need for effective HVAC systems, further boosting demand for air cooled condensers. As technological advancements continue to enhance the efficiency and performance of HVAC systems, the air cooled condenser segment is expected to thrive, contributing to the overall growth of the air cooled condensers market.

Refrigeration Systems:

Refrigeration systems are another essential application for air cooled condensers, providing crucial cooling performance in various commercial and industrial processes. These systems are widely used in food and beverage storage, cold chain logistics, and industrial refrigeration applications. The growing demand for refrigerated goods and the need for efficient cooling solutions are propelling the adoption of air cooled condensers in refrigeration systems. Additionally, as environmental regulations become more stringent, industries are increasingly seeking sustainable refrigeration solutions that minimize water usage and energy consumption. The ability of air cooled condensers to deliver reliable cooling without relying on water makes them an attractive choice for businesses looking to enhance their operational efficiency and reduce their environmental impact. Consequently, the refrigeration systems segment is expected to witness robust growth in the air cooled condensers market.

Oil & Gas:

The oil and gas sector is a significant application area for air cooled condensers, as they are employed in various processes, including gas compression, cooling, and condensation. The industry's requirement for efficient heat transfer solutions is driving the demand for air cooled condensers, which can effectively manage heat in challenging environments. Additionally, the increasing focus on energy efficiency and sustainability in the oil and gas sector is prompting companies to adopt air cooled technologies to minimize water usage and lower operational costs. As global energy demands continue to rise, the oil and gas industry is expected to invest in advanced cooling solutions, further bolstering the growth of air cooled condensers in this application area. With ongoing technological advancements and the need for reliable cooling systems, the oil and gas segment is poised for significant growth in the coming years.

By Distribution Channel

Direct Sales:

Direct sales channels are a prominent distribution method for air cooled condensers, enabling manufacturers to engage directly with end-users and offer tailor-made solutions. This approach allows companies to build strong relationships with customers by providing personalized support and service, which is particularly beneficial in technical sales that require in-depth knowledge of product specifications and applications. Direct sales also facilitate better communication regarding customer needs, leading to improved product development and innovation. Furthermore, by eliminating intermediaries, manufacturers can offer competitive pricing, enhancing their market position. As the air cooled condensers market continues to expand, direct sales are expected to remain a crucial channel for reaching industrial clients who demand high-quality and efficient cooling solutions.

Distributor Sales:

Distributor sales represent another key distribution channel for air cooled condensers, allowing manufacturers to leverage established networks and reach a broader customer base. Distributors play a vital role in bridging the gap between manufacturers and end-users by providing local support and services, which can be particularly advantageous for customers in remote or hard-to-reach regions. This channel enables faster response times, facilitating efficient procurement processes and enhancing customer satisfaction. Furthermore, distributors often have specialized knowledge of their respective markets, allowing them to offer valuable insights and recommendations to clients. As the demand for air cooled condensers continues to grow across various industries, distributor sales are expected to contribute significantly to market expansion.

Online Retail:

The rise of e-commerce has transformed the distribution landscape for air cooled condensers, with online retail emerging as a convenient channel for customers seeking cooling solutions. This method allows end-users to browse, compare, and purchase products from the comfort of their own location, facilitating informed decision-making. Online retail platforms often provide extensive product information, customer reviews, and technical specifications, aiding customers in selecting the most suitable solutions for their needs. Additionally, the growing trend of digitalization and the increasing reliance on online procurement processes are driving the adoption of online retail in the air cooled condensers market. As companies continue to enhance their digital presence, the online retail segment is expected to witness significant growth alongside traditional distribution channels.

Offline Retail:

Offline retail remains an important distribution channel for air cooled condensers, particularly for customers who prefer in-person interactions and hands-on experiences. This channel allows customers to physically examine products, seek expert advice, and make immediate purchases. Offline retail can be particularly beneficial for local contractors and businesses that require quick access to cooling solutions for immediate installation or maintenance needs. Furthermore, the presence of specialized retail outlets and trade shows provides opportunities for manufacturers to showcase their products and connect with potential clients directly. As the air cooled condensers market continues to expand, offline retail is expected to continue providing essential support for end-users, particularly in industries where personal interaction and technical expertise are crucial.

By Region

The air cooled condensers market is undergoing significant regional growth, with North America being one of the leading markets, driven by the high demand for energy-efficient cooling solutions in industries such as power generation, HVAC, and chemical processing. The region's focus on sustainability and environmental regulations is prompting industries to adopt air cooled condensers, leading to a projected CAGR of 5.6% through 2035. Europe also plays a crucial role in the global market, with countries such as Germany and the UK pushing for advanced cooling technologies in response to climate change and energy efficiency mandates. The growing concern over water management in industrial processes is further driving the demand for air cooled condensers in this region. Meanwhile, Asia Pacific, with its rapid industrialization and increasing energy consumption, is expected to witness considerable market growth, as countries like China and India invest in infrastructure and energy projects that require efficient cooling solutions.

Latin America and the Middle East & Africa are emerging markets for air cooled condensers, driven by the rising industrial activities and investments in infrastructure development. As these regions strive to enhance their energy efficiency and sustainability efforts, the demand for air cooled condensers is expected to increase significantly. The growing oil and gas sector in the Middle East is also contributing to this demand, as air cooled condensers are utilized in various applications within the industry. With a focus on modernization and technological advancements, the global air cooled condensers market is set to experience robust growth across all regions, reflecting the diverse applications and increasing reliance on efficient cooling solutions.

Opportunities

The air cooled condensers market is poised for substantial opportunities as industries increasingly prioritize energy efficiency and sustainable solutions. With the growing global emphasis on reducing carbon emissions and minimizing water consumption, air cooled condensers are becoming a preferred choice for various applications. The expansion of renewable energy projects, such as solar and wind farms, presents significant potential for the installation of air cooled condensers to enhance operational efficiency. Additionally, the ongoing development of smart cities and infrastructure initiatives worldwide is driving the demand for advanced cooling technologies, thereby creating a larger market for air cooled condensers. As companies seek to comply with stringent environmental regulations and improve their operational efficiency, the adoption of air cooled condensers is expected to rise across multiple sectors.

Furthermore, technological advancements in the design and performance of air cooled condensers are opening new avenues for growth. The introduction of innovative materials and enhanced heat transfer techniques are leading to the development of next-generation condensers that offer improved efficiency and durability. As industries continue to evolve and adapt to changing market demands, manufacturers of air cooled condensers will have the opportunity to innovate and differentiate their offerings, capturing the attention of end-users seeking high-performance cooling solutions. Additionally, strategic partnerships and collaborations within the industry can further enhance market access and expand product offerings, creating a favorable landscape for sustained growth in the air cooled condensers market.

Threats

Despite the promising growth prospects for the air cooled condensers market, there are several threats that could impact its trajectory. One of the primary challenges is the intense competition among manufacturers, which can lead to price wars and reduced profit margins. As more companies enter the market, the pressure to innovate and differentiate products becomes paramount. Failure to keep pace with technological advancements and changing customer preferences can result in a loss of market share for established players. Additionally, fluctuations in raw material prices may pose a threat to manufacturers, impacting production costs and ultimately affecting pricing strategies. Economic uncertainties and geopolitical tensions in various regions could further disrupt supply chains and hinder market growth.

Another notable concern for the air cooled condensers market is the potential shift towards alternative cooling technologies. Innovations in cooling systems, such as water-cooled condensers or advanced evaporative cooling solutions, could pose a competitive threat to air cooled condensers, especially in applications where water availability is not a concern. Furthermore, increasing regulations regarding refrigerant usage and environmental standards could necessitate additional investments in technology upgrades and compliance measures, posing a financial burden on manufacturers. Overall, while the air cooled condensers market presents significant growth opportunities, stakeholders must remain vigilant and adapt to the evolving landscape to mitigate potential threats.

Competitor Outlook

• SPX Corporation
• Evapco Inc.
• Alfa Laval
• GEA Group AG
• Fives Group
• Johnson Controls International Plc
• Trane Technologies
• Carrier Global Corporation
• Thermon Group Holdings, Inc.
• Hamon & Cie (International) SA
• Ormandy Group
• Cooltech Applications
• HRS Heat Exchangers Ltd.
• Rite-Way Products, Inc.
• American Chillers & Cooling Tower Systems, Inc.

The competitive landscape of the air cooled condensers market is characterized by the presence of numerous established players and new entrants striving to gain market share. Companies are increasingly focusing on innovation and technological advancements to differentiate their products and meet the evolving needs of customers. Strategic partnerships, collaborations, and mergers and acquisitions have become common strategies employed by key players to enhance their product offerings and expand their market reach. Manufacturers are investing in research and development to develop high-performance condensers with improved energy efficiency, durability, and lower environmental impact. Additionally, market players are actively exploring opportunities in emerging markets, where industrial growth is driving the demand for efficient cooling solutions.

Among the major companies in the air cooled condensers market, SPX Corporation stands out as a leading player, known for its diverse range of cooling equipment and systems tailored for various industrial applications. The company emphasizes innovation and sustainability, developing products that align with environmental regulations while providing reliable cooling performance. Similarly, Alfa Laval is recognized for its advanced heat transfer solutions, offering a comprehensive portfolio of air cooled condensers designed for optimal efficiency. The company's commitment to sustainability and energy conservation positions it as a key player in the market.

Evapco Inc. is another significant competitor, specializing in evaporative cooling solutions, including air cooled condensers. The company focuses on delivering high-quality, energy-efficient products that cater to industrial, commercial, and institutional applications. With a strong emphasis on customer satisfaction and operational excellence, Evapco has established a solid reputation within the industry. GEA Group AG also plays a pivotal role in the market, known for its innovative cooling technologies and solutions for various sectors, including food processing and chemical manufacturing.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Alfa Laval
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Evapco Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Fives Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 GEA Group AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Ormandy Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 SPX Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Trane Technologies
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Cooltech Applications
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Rite-Way Products, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 HRS Heat Exchangers Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Carrier Global Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Thermon Group Holdings, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Hamon & Cie (International) SA
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Johnson Controls International Plc
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 American Chillers & Cooling Tower Systems, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Air Cooled Condensers Sales Market, By Application
    • 6.1.1 Power Plants
    • 6.1.2 Chemical Plants
    • 6.1.3 HVAC Systems
    • 6.1.4 Refrigeration Systems
    • 6.1.5 Oil & Gas
  • 6.2 Air Cooled Condensers Sales Market, By Product Type
    • 6.2.1 Dry Cooler
    • 6.2.2 Air Cooled Heat Exchangers
    • 6.2.3 Evaporative Condenser
    • 6.2.4 Hybrid Condenser
    • 6.2.5 Thermosyphon
  • 6.3 Air Cooled Condensers Sales Market, By Distribution Channel
    • 6.3.1 Direct Sales
    • 6.3.2 Distributor Sales
    • 6.3.3 Online Retail
    • 6.3.4 Offline Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Air Cooled Condensers Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Air Cooled Condensers Sales market is categorized based on

By Product Type

• Dry Cooler
• Air Cooled Heat Exchangers
• Evaporative Condenser
• Hybrid Condenser
• Thermosyphon

By Application

• Power Plants
• Chemical Plants
• HVAC Systems
• Refrigeration Systems
• Oil & Gas

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retail
• Offline Retail

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• SPX Corporation
• Evapco Inc.
• Alfa Laval
• GEA Group AG
• Fives Group
• Johnson Controls International Plc
• Trane Technologies
• Carrier Global Corporation
• Thermon Group Holdings, Inc.
• Hamon & Cie (International) SA
• Ormandy Group
• Cooltech Applications
• HRS Heat Exchangers Ltd.
• Rite-Way Products, Inc.
• American Chillers & Cooling Tower Systems, Inc.