Heating Equipment Manufacturing Industry

NAICS: 333414

For additional companies see the Ventilation, Heating, Air-Conditioning & Commercial Refrigeration Equipment Manufacturing Industry

Heating Equipment Manufacturing Market Share: Largest Companies in the Heating Equipment Manufacturing Industry

Company	Headquarters	Revenue ($ MM)
HEATER FABRICTORS OF TULSA	Tulsa, OK	100
FULTON HEATING SOLUTIONS	Pulaski, NY	43
UMA DISTRIBUTORS	Altamonte Springs, FL	42
FULTON STEAM SOLUTIONS	Pulaski, NY	41
INFRATECH	Gardena, CA	39
WEBSTER COMBUSTION TECHNOLOGY	Winfield, KS	37
DCE SOLAR	Cornelius, NC	37
HOTFOIL - EHS	Hamilton, NJ	33
GLENRO	Maysville, KY	33
PRECISION EQUIPMENT MANUFACTURING	Fargo, ND	32
VAUGHN THERMAL	Salisbury, MA	29
ROCK ENERGY SYSTEMS	Janesville, WI	27
EMBERSIDE HEATING	Kennesaw, GA	25
GRAVES FIREPLACES	Cumming, GA	24
EQUIPMENT SOURCE	Fairbanks, AK	24
SUNFOLDING	San Francisco, CA	24
FULTON THERMAL	Pulaski, NY	24
THERMO HEATING ELEMENTS	Piedmont, SC	24
JOLLY HEATING & AIR CONDITIONING INC. A CLOSE	Northport, AL	22

This is a list of the largest companies active in the Heating Equipment Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Heating Equipment Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Heating Equipment Manufacturing Companies

A list of competitors in the Heating Equipment Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Heating Equipment Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Heating Equipment Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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