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AAON Awarded Liquid Cooling Data Center Orders Totaling Approximately $174.5 Million

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TULSA, Okla., Oct. 25, 2024 /PRNewswire/ — AAON, Inc. (NASDAQ: AAON) (including its affiliates, “AAON” or the “Company”), a leader in high-performing, energy-efficient HVAC solutions that bring long-term value to customers and owners, announces it was recently awarded orders from one data center customer that approximately totaled $174.5 million.  Under these orders, AAON will provide a custom-designed thermal management system supporting a liquid cooling deployment for the customer’s data centers.  The equipment will be manufactured under our BASX brand in our existing and newly constructed facilities at our Longview, Texas location and is expected to mostly be produced and delivered in the first half of 2025.  The construction of the new facility is on schedule to be completed by the end of this year and the Company has already begun staffing, training and setting up the operations in preparation for production to commence in early 2025.

“These significant orders highlight AAON’s superior engineering and manufacturing capabilities, advanced technology, and expertise in the data center cooling market,” said Matt Tobolski, AAON President and COO, “Since BASX joined AAON in 2021, we have strengthened our collective position as leaders in this rapidly growing market.  Capitalizing on this highly innovative liquid cooling solution reflects our leadership, engineering proficiencies and ability to provide customer-centric, industry-leading solutions for the market.  It showcases the solution-minded approach of our team and the strong value we provide to crafting unique, efficient data center solutions.”     

“Being awarded these orders is an exciting milestone for us,” said Gary Fields, AAON CEO, “Selecting AAON for this innovative solution over any of our peers is a testament to our superior, fully-custom engineering solutions that are unmatched in the industry.  It also highlights our commitment towards investing in production capacity to supply this high-growth market.  Within our current footprint, including the new facility in Texas, we have a considerable amount of excess capacity.  At the same time, we are focused on investing in new incremental capacity.  This underscores our confidence in our data center customer relationships as well as the underlying fundamentals in the data center market in what we view will be a multi-year growth cycle.  We view these orders as a fraction of a much larger pipeline of opportunity in which we are committed to capitalizing on,” Mr. Fields concluded.

About AAON
Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments. The Company’s industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allows AAON engineers to continuously push boundaries and advance the industry. For more information, please visit www.AAON.com.

About BASX
BASX, a wholly owned subsidiary of AAON, is an industry leader in the manufacturing of high efficiency data center cooling solutions, cleanroom systems, custom HVAC systems and modular solutions. For the past 40 years, the BASX team has been recognized as leaders in the development of industry-changing innovation such as changes in the way fans are applied in modern air handling systems. Our team has a steadfast commitment to customer service and delivering on our promises while providing the highest quality products throughout the world. BASX’ state-of-the-art manufacturing facility is located in Redmond, Oregon.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “should”, “will”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.

Contact Information
Joseph Mondillo
Director of Investor Relations
Phone (617) 877-6346
Email: joseph.mondillo@aaon.com

 

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Pave and Levels.fyi Announce Strategic Alliance, Bringing Levels.fyi Data Into Pave Agent and Market Pricing

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Compensation decisions draw on more data than ever, and that data is scattered across surveys, spreadsheets, and tools. Pave has built the place where it all comes together: one platform, powered by real-time intelligence and open to every source compensation teams trust. Today’s strategic alliance with Levels.fyi is the latest step in that effort.

SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ — Pave, the Agentic Compensation Management platform, today announced a strategic alliance with Levels.fyi, a compensation data platform that shows what work pays by company, level, location, and skill.

The alliance builds on Pave’s partnerships with The Croner Company, Korn Ferry, WTW, and others and reflects a continuing commitment: making it easier for customers to bring the critical data behind their pay decisions into one place. Pave will continue to expand the network of data partners available on the platform, so that compensation teams don’t have to stitch together sources by hand or choose between the ones they trust.

Through this strategic alliance, Pave customers can now access Levels.fyi data inside Pave Agent as well as Pave’s Market Pricing tool to compare pay for a role across sources, benchmark against real-time Market Data, and price jobs and build competitive pay ranges. Customers can analyze Levels.fyi data alongside their own compensation data and any other data sources they choose to use. Pave Agent can use Levels.fyi data as a reference input to deliver compensation intelligence, so teams can ask a question in plain language and see the answer across Levels.fyi, their other sources, and real-time intelligence from 9,000-plus companies in Pave’s dataset.

Levels.fyi adds a distinct lens on the market. Its data is contributed directly by the people earning it and backed by proof documents such as offer letters, W-2s, and pay stubs. Alongside survey and real-time views, it shows compensation teams what talent is actually earning.

With Levels.fyi data in Pave, mutual clients can:

Ask Pave Agent to compare pay for a role across Levels.fyi, WTW, Korn Ferry, Croner, and Pave’s real-time Market Data, all within one platformSee self-reported Levels.fyi data next to survey and real-time benchmarks to understand where the market views agree and where they divergeAnalyze Levels.fyi data alongside their own compensation data to see where their pay standsGive every analyst on the comp team, not just the person who manages the survey license, direct access to Levels.fyi data in their daily workflow

“Compensation decisions are only as good as the data behind them, and no single source tells the whole story,” said Matt Schulman, CEO of Pave. “Our goal is for Pave to be the central source for the data compensation teams use to make decisions, with real-time intelligence from 9,000-plus companies as the foundation and every source a client trusts available alongside it. Croner, Korn Ferry, WTW, and now Levels.fyi are steps in that effort, and we will keep adding more. Clients shouldn’t have to choose between the data sources they trust. They should have them all in one place.”

“Effective compensation benchmarking starts with a simple question, ‘How do we compare with the companies we actually compete against?'” said Zuhayeer Musa, co-founder of Levels.fyi. “Our data gives customers a current, company-level view of the market, backed by real proof such as offer letters and pay stubs. Bringing that perspective into Pave means teams can build the peer groups that matter to them, focus on a single competitor, and combine Levels.fyi’s rich intelligence with the rest of their stack. Pave has set the standard for connected compensation, and we’re excited to keep helping our mutual customers make faster, more confident pay decisions.”

Levels.fyi data is now available to mutual customers through Pave Agent and Pave’s Market Pricing tool. Existing customers can contact their account teams for access and availability details.

About Pave

Pave is the Agentic Compensation Management platform, powered by real-time compensation intelligence from 9,000-plus companies and a growing network of data partners. Beyond Market Pricing, Pave’s platform spans Market Data benchmarking, Compensation Planning, Total Rewards, Team View, Visual Offer Letters, and Pave Agent, giving compensation teams one connected system to price roles, plan cycles, and communicate pay across the business. To learn more, visit www.pave.com.

About Levels.fyi

Levels.fyi is a compensation data platform that shows what work pays by company, level, location, and skill, and offers a different perspective of the market. Its data is contributed directly by the people earning it, backed by proof documents like offer letters, W-2s, and pay stubs. Levels.fyi reports 1M+ compensation data points, 2,100+ companies with fresh data, and 8,500+ company job ladders mapped, and says more than 3M professionals use the platform every month. To learn more, visit www.levels.fyi.

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SOURCE Pave

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Updated Effective Date: Huron Consulting Group Set to Join S&P SmallCap 600

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NEW YORK, Oct. 28, 2026 /PRNewswire/ — Huron Consulting Group Inc. (NASD: HURN) will replace Supernus Pharmaceuticals Inc. (NASD: SUPN) in the S&P SmallCap 600 before the opening of trading on Tuesday, November 3, instead of Monday, November 2. S&P SmallCap 600 constituent Indivior Pharmaceuticals Inc. (NASD: INDV) is acquiring Supernus Pharmaceuticals in a transaction expected to close soon, subject to final closing conditions. Post merger, Indivior Pharmaceuticals will assume the name Supernus Inc. and will trade under the symbol SUPN. It will remain in the S&P SmallCap 600.

S&P Dow Jones Indices announced the original November 2 effective date in its October 22, 2026 press release and is revising the effective date due to a special dividend ex- date announcement related to the merger.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name

Action

Company Name

Ticker

GICS Sector

Nov 3, 2026

S&P SmallCap 600

Addition

Huron Consulting Group

HURN

Industrials

Nov 3, 2026

S&P SmallCap 600

Deletion

Supernus Pharmaceuticals

SUPN

Health Care

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Worksmith Appoints Sonu Panda as Chief Revenue Officer, Enhancing Its Executive Team

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Panda reunites with Worksmith Founder and CEO Bryan Burkhart as the company completes the first phase of integrating Worksmith Workplace and Worksmith Workforce.

AUSTIN, Texas, Oct. 28, 2026 /PRNewswire-PRWeb/ — Worksmith today announced the appointment of Sonu Panda as Chief Revenue Officer. Panda will lead Worksmith’s revenue organization across its two products, Worksmith Workplace and Worksmith Workforce.

Panda reunites with Worksmith Founder and CEO Bryan Burkhart as the company completes the first phase of integrating Worksmith Workplace and Worksmith Workforce.

Panda has spent his career building and leading revenue teams in software. At Callidus Software, he served as Vice President of Sales across North America, EMEA, and Latin America, and later led on-On-Demand sales as the company moved from traditional enterprise software to a public SaaS business with more than $100 million in revenue. Most recently, he was CEO of Prescriptive Data, a SaaS company applying connected devices, data, and machine learning to commercial buildings, where he oversaw sales, business development, marketing, customer success, and engineering.

The role also reunites Panda with Worksmith Founder and CEO Bryan Burkhart. The two co-founded H.Bloom, a B2B marketplace, where Panda served as Chief Operating Officer and built the company’s operating model.

“We are excited to have Sonu join the Worksmith team full-time as our first-ever CRO. Sonu’s successful career in building world-class sales teams and the decade he has spent on the Worksmith board make him uniquely positioned to lead our next phase of growth, as we strive to deliver the operating system for retail to more customers,” said Bryan Burkhart, Founder and Chief Executive Officer of Worksmith.

Panda joins with momentum on both sides of the business. Worksmith Workforce, formerly Progress Retail, has more than doubled its revenue since Worksmith acquired the company in June 2025, alongside a rapid pace of product development.

The two products have also completed the first phase of their integration. Clients that use both now reach retail operations, facilities maintenance, and workforce management through a single login.

“Having witnessed Worksmith’s steady growth first-hand, I’m thrilled to join Worksmith as Chief Revenue Officer for the next phase of Worksmith’s expansion and beyond,” said Sonu Panda, Chief Revenue Officer at Worksmith.

Panda’s appointment follows the promotion of Ray Riley, former CEO of Progress Retail, to Chief Strategy Officer. Panda takes over group revenue responsibilities from Riley.

ABOUT WORKSMITH

Worksmith is a retail operations platform for multi-location brands, spanning two products. Worksmith Workplace covers facilities maintenance, vendor management, and store development, including new builds, remodels, and project management. Worksmith Workforce covers training and development, task execution, store audits, ticketing, employee communications, and AI-powered associate support. Worksmith serves retailers running anywhere from five to more than 500 locations across three continents.

Media Contact

Iprita Bhattarai, Worksmith, 1 8337472428, support@worksmith.com, https://worksmith.com

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