AAON Announces Expansion Plans to Increase Production Capacity With New Facility In Memphis, Tennessee
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AAON, Inc. is expanding its production capacity by purchasing a new 787,000 square foot facility in Memphis, Tennessee. This move aims to enhance the company's ability to deliver high-performing, energy-efficient HVAC solutions.
November 14, 2024 | 8:45 pm
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AAON, Inc. is expanding its production capacity with a new facility in Memphis, Tennessee, which is expected to enhance its ability to deliver energy-efficient HVAC solutions.
The expansion with a new facility indicates a strategic move to increase production capacity, which could lead to higher revenues and market share in the HVAC industry. This is likely to positively impact AAON's stock price in the short term.
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