Maxon Corporation
Maxon Corporation manufactures highly engineered industrial combustion solutions, including burners, valves, sensors, and controls, as a brand under Honeywell Thermal Solutions, serving industrial customers across food and beverage, building materials, mining, automotive, and energy verticals worldwide.
- Company typePrivate
- Founded1916
- HeadquartersMuncie, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Maxon Corporation does
Maxon Corporation is a U.S.-based manufacturer of highly engineered industrial combustion solutions, operating as a brand under Honeywell Thermal Solutions, a subsidiary of Honeywell International Inc. Founded in 1916 and headquartered in Muncie, Indiana, the company designs, develops, and manufactures industrial burners, valves, sensors, and control systems, including gas burners, oil burners, gas valves, shut-off valves, flow control valves, low NOx burners, recuperators, heat exchangers, and fully engineered combustion systems. Its portfolio has expanded to include hybrid heating solutions combining electrification and combustion, electric heating systems for low- to mid-temperature applications, burner management systems, and the Thermal IQ digital remote-monitoring platform with real-time data streaming.
The company serves industrial customers across multiple verticals, including Industrial Manufacturing, Food & Beverage, Building Materials, Mining/Minerals/Metals, Automotive, and Energy (Oil, Gas, LNG), with use cases spanning process heating, drying, curing, baking, and finishing. Revenue is generated through two streams: hardware sales of thermal equipment and professional services that include combustion safety testing, inspections, field services for preventive and predictive maintenance, training, and energy optimization. Distribution runs through a multi-channel model that combines direct enterprise field sales with a certified global Channel Partner Program and an OEM Partner Program, with quote-based pricing on multi-year contracts.
Maxon positions itself as having the largest installed base of burners, valves, sensors, and controls in the thermal solutions industry and is one of several heritage brands (alongside Hauck, Eclipse, Kromschroder, and Exothermics) consolidated under Honeywell Thermal Solutions. Its go-to-market is complemented by digital offerings, including the Honeywell Maintenance Assist generative AI assistant for maintenance workflows and the Thermal IQ platform for connected equipment monitoring.
Maxon Corporation firmographics
Firmographics- Name
- Maxon Corporation
- Legal name
- Maxon Corporation
- Website
- https://maxoncorp.com
- Company type
- Private
- Founded year
- 1916
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Maxon Corporation manufactures highly engineered industrial combustion solutions, including burners, valves, sensors, and controls, as a brand under Honeywell Thermal Solutions, serving industrial customers across food and beverage, building materials, mining, automotive, and energy verticals worldwide.
- Ownership category
- akta.pro rank
Maxon Corporation industry classification
Industry- Product category
- Industrial Combustion Equipment
- NAICS
- Power Boiler and Heat Exchanger Manufacturing (332410), Industrial Process Furnace and Oven Manufacturing (333994)
- SIC
- Industrial Process Furnaces & Ovens (3567)
- akta.pro primary industry
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)
Keywords
Where Maxon Corporation is headquartered
LocationHeadquarters
- HQ city
- Muncie
- HQ country
- United States
- HQ region
- North America
Markets served
Maxon Corporation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Industrial Thermal Equipment Sales: Sale of thermal solutions equipment including burners, valves, sensors, controls, heat exchangers, and combustion systems to industrial customers.
- Combustion Services: Combustion safety testing, inspections, field services covering preventive and predictive maintenance, training, and energy optimization services.
- Combustion Safety Consulting and Training: Expert consulting, training and engineering services for fuel-fired equipment, including comprehensive inspection programs for fuel trains.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based pricing for industrial thermal solutions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Maxon Corporation product offering
Product offeringCore offering
Maxon Corporation designs, develops, and manufactures highly engineered industrial combustion equipment, including gas burners, oil burners, low NOx burners, gas valves, shut-off valves, flow control valves, and complete combustion systems for heavy industrial process heating applications. It complements these products with burner management systems, electric and hybrid heating solutions, the Thermal IQ digital monitoring platform, and supporting combustion safety, inspection, training and optimization services.
Product overview
Honeywell Thermal Solutions is a comprehensive portfolio of thermal solutions for commercial and heavy industrial applications. The offering includes multiple sub-brands: Honeywell Maxon (industrial burners and combustion equipment), Honeywell Hauck (combustion solutions for asphalt and fracking), Honeywell Exothermics (heat exchangers), Honeywell Eclipse (combustion systems), and Honeywell Kromschroder (combustion and control products). The portfolio is organized around solution categories including Electrification Solutions for low-to-mid temperature applications, Hybrid Heating Solutions combining electrification and combustion, Complete Combustion Solutions with data streaming capabilities, Fuel & Air Delivery systems, Burners & Heat Exchangers, and Burner Management Systems. Supporting services include Honeywell Combustion Services (maintenance and optimization), Honeywell Combustion Controls (connected burner controls), and Honeywell Combustion Safety (consulting and testing). The portfolio covers electric, hybrid and combustion thermal solutions for industries including Food and Beverage, Building Materials, Mining, Minerals and Metals, and Automotive.
Differentiator
Problem solved
Functional benefit
Products and services
- Honeywell Maxon Industrial Burners and Combustion Equipment A full line of industrial combustion equipment, including gas burners, oil burners, low NOx burners, gas valves, shut-off valves and flow control valves for industrial process heating customers.
- Honeywell Combustion Services Technical services and engineered solutions for fuel-fired equipment across commercial and industrial applications, including combustion safety testing, inspections, preventive and predictive maintenance, training, and energy optimization and transition roadmaps.
- Honeywell Combustion Safety Consulting Expert consulting, training and engineering services for fuel-fired equipment, including comprehensive inspection programs for fuel trains; positioned as the largest independent fuel train safety testing company in the world.
Quantifiable outcome
- Increased efficiency and productivity through real-time data streaming from burners
- +2 more outcomes
Companies that use Maxon Corporation
Customer profileSegments6 records
Ideal customer profiles3 records
Maxon Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Maxon Corporation partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Channel PartnerscoreHoneywell Thermal Solutions operates a Channel Partner Program with certified partners providing local sales, support, and implementation services for thermal solutions products across various industries.
- OEM PartnerscoreHoneywell's OEM Partner Program enables original equipment manufacturers to integrate Honeywell thermal solutions including burners, valves, sensors, and controls into their products and systems.
- User Input Sub-Committee (UIS)minorCustomer advisory board involving user input for product development and improvement of thermal solutions offerings.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Maxon Corporation competitors and assessment
Company assessmentBroad incumbents
- Dürr AG: Dürr is a global mechanical and plant engineering group providing combustion, exhaust air purification and heat recovery technologies — comparable to Maxon in industrial process heating, with broader portfolio diversification.
- Callidus Technologies (Honeywell): Callidus Technologies, also part of Honeywell, provides thermal oxidizers and combustion solutions, making it a sibling/adjacent business within Honeywell's broader process automation portfolio with significant overlap in combustion applications.
- Fives Group: Fives Group (Pillard, North American Manufacturing) supplies industrial burners, combustion systems and process heat solutions across multiple industries — overlapping with Maxon in industrial process heating, particularly for cement, steel and refining.
Direct peers
- Webster Combustion: Webster Combustion is a US-based manufacturer of industrial burners, burner control systems and combustion equipment — directly competing with Maxon in the North American industrial process heating burner market.
- Zeeco: Zeeco is one of the largest independent combustion equipment manufacturers globally, producing industrial burners, flares, vapor control and combustion systems for petrochemical, refining, power and process industries — directly comparable to Maxon's burner and combustion portfolio.
- John Zink (Koch): John Zink, a Koch Engineered Solutions business, manufactures combustion equipment, flares, thermal oxidizers and emissions control systems for the energy and process industries — overlapping directly with Maxon/Honeywell Thermal Solutions in burners and combustion control.
- Bloom Engineering: Bloom Engineering designs and manufactures industrial burners and combustion systems for metals, glass, petrochemical and refining applications — a direct competitor to Maxon in process heating burners.
- R.W. Beckett Corporation: R.W. Beckett manufactures oil and gas burners, burner controls and combustion management products for industrial and commercial heating applications — directly comparable to Maxon in burner and combustion control technology.
Others
- Eclipse Combustion (historical brand): Eclipse, historically an independent burner manufacturer, is now part of Honeywell Thermal Solutions alongside Maxon. Listed for ecosystem context as a sibling sub-brand rather than a true competitor.
Regional players
- Forbes Marshall: Forbes Marshall is a leading Indian manufacturer of industrial burners, boilers and process heating equipment serving South Asian and select global markets — comparable to Maxon in combustion product scope, with geographic differentiation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Maxon Corporation social profiles
Digital presenceMaxon Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maxon Corporation leadership team
Management profileNumber of profiles
Maxon Corporation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maxon Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maxon Corporation
What does Maxon Corporation do?
Maxon Corporation designs, develops, and manufactures highly engineered industrial combustion equipment, including gas burners, oil burners, low NOx burners, gas valves, shut-off valves, flow control valves, and complete combustion systems for heavy industrial process heating applications. It complements these products with burner management systems, electric and hybrid heating solutions, the Thermal IQ digital monitoring platform, and supporting combustion safety, inspection, training and optimization services.
Is Maxon Corporation a public or private company?
Maxon Corporation is a private company. It is classified as corporate owned and is currently operating.
When was Maxon Corporation founded?
Maxon Corporation was founded in 1916. It employs 101 to 250 people.
Where is Maxon Corporation based?
Maxon Corporation is headquartered in Muncie, United States, in the North America region.
How does Maxon Corporation make money?
Three revenue lines are on record. Industrial Thermal Equipment Sales are the primary driver. The others are combustion Services and combustion Safety Consulting and Training.
Who are Maxon Corporation's main competitors?
Broad incumbents on record are Dürr AG, Callidus Technologies (Honeywell) and Fives Group. Direct peers are Webster Combustion, Zeeco, John Zink (Koch), Bloom Engineering and R.W. Beckett Corporation. Eclipse Combustion (historical brand) is listed as an others. Forbes Marshall is listed as a regional player.
Does Maxon Corporation have an API?
No public API is recorded for Maxon Corporation.
What industry is Maxon Corporation in?
Maxon Corporation's product category is Industrial Combustion Equipment. Its primary akta.pro industry code is IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers). Its NAICS code is 332410 and its SIC code is 3567.