What Price Industries does

Price Industries Limited is a privately held, family-owned Canadian manufacturer founded in 1951 and headquartered in Winnipeg, Canada, specializing in non-residential air distribution, critical environment control, and building automation products. The company operates as a market leader across HVAC air distribution equipment for commercial, institutional, and industrial buildings, with a product portfolio spanning 16+ categories including diffusers, grilles, active and passive chilled beams, terminal units (VAV boxes), displacement ventilation systems, fan coils, radiant panels, noise control (silencers and acoustic panels), security grilles, and trench/wall convectors. Its critical environments division supplies operating room diffuser systems (Price Ultrasuite), laminar flow diffusers, HEPA-filtered fan filter units, and hospital-grade welded ceiling systems designed for healthcare and cleanroom applications compliant with ASHRAE and USP standards. The controls portfolio includes proprietary BMS software (Disio Cloud), rooftop unit controllers (PRTU), intelligent zone controllers (PIC), and BACnet networking integration across BACnet/IP, BACnet Ethernet, and BACnet MS/TP.

The company's stated technical differentiation rests on Price Research Center North, described as the industry's most expansive R&D laboratory, combined with in-house CFD modeling (PredictCFD subsidiary) and sulfuric acid anodizing capabilities. Verticals served include healthcare, cleanrooms and laboratories, commercial offices, educational facilities, industrial and manufacturing, and correctional/public safety facilities. The company distributes through independent manufacturer representatives across United States, Canada, and International markets, targeting B2B enterprise customers via architectural and engineering specification channels. Pricing is quote-based and not publicly disclosed. Supporting wholly-owned subsidiaries include Price Electronics (PCBA OEM manufacturing services, 25 years in Winnipeg) and PredictCFD (computational fluid dynamics engineering services). The firm holds ISO 9001:2015 certification and markets sub-brands including Price Ultrasuite, Price Select software, Disio Cloud, and Price Ultrasuite +Climate.

Revenue, headcount, and management details are not publicly disclosed. The company does not list any institutional investors, PE/VC sponsors, or public listings in the available source data. There is no disclosed M&A activity, funding rounds, or recent leadership changes. Customer names are not disclosed; revenue is generated through a specification-driven channel model touching each new commercial construction or renovation project.

Name

Price Industries

Legal name

Price Industries Limited

Website

https://priceindustries.com

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Price Industries is a 75+ year-old privately held Canadian manufacturer of non-residential HVAC air distribution, critical environment, and building automation products, sold via specification channels to architects, engineers, and contractors serving healthcare, cleanroom, commercial, and industrial buildings across the US, Canada, and internationally.

Ownership category

akta.pro rank

Headquarters

HQ city

Suwanee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. HVAC Equipment Sales: Manufacture and sale of air distribution products including diffusers, grilles, beams, terminal units, controls, and critical environment equipment for non-residential buildings.
2. Electronics Manufacturing Services: Price Electronics provides PCBA OEM manufacturing services with 25 years of experience, serving as trusted manufacturing partner for electronics companies.
3. Surface Treatment Services: Sulfuric acid anodizing services for aluminum products including architectural Class I and Class II finishes and decorative coatings.
4. CFD Engineering Services: Computational fluid dynamics modeling services combined with HVAC expertise for optimizing air distribution equipment placement and sizing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Price Industries designs, manufactures, and sells non-residential air distribution, critical environment controls, and noise control products for commercial, institutional, and industrial buildings. Its portfolio spans diffusers, grilles, chilled beams, terminal units, BACnet-based building automation controls, HEPA-filtered laminar flow diffusers, and operating room climate systems. The company also offers engineering services including computational fluid dynamics modeling, sulfuric acid anodizing, and electronics manufacturing through its subsidiary Price Electronics.

Product overview

Price Industries is a manufacturer of non-residential air distribution, critical controls, and noise control products. The company's product portfolio includes: Air Purification products (PURAFLO, CARES, FDM, CAP, RAP, OAP) for healthcare and commercial applications featuring HEPA/ULPA filtration, bipolar ionization, and UV-C technology; Beams (Active Chilled Beams ACBL, ACBR, ACBC, ACBM and Passive Chilled Beams PCBL) for high-efficiency space conditioning; Controls including Disio Cloud BMS, PRTU rooftop controllers, PIC intelligent controllers, and BACnet networking; Critical Environments products (FFU, LFD, RFD, laminar flow diffusers, hospital welded ceiling systems) for operating rooms, cleanrooms, and laboratories; Diffusers including square plaque, cone, slot, linear bar grilles, and high-capacity drum louvers; Displacement ventilation systems (DR360, DR180, DR90 series, DFC); Fan and Blower Coils (FCH, FCHG, FCV, ACHU); Grilles (egg crate, louvered, airfoil, security, and gym variants); Noise Control products (rectangular and circular silencers, cross talk silencers, acoustic panels); Radiant panels (RPM); Terminal Units (Vantage SDV, SDV, FDC, FDV, DDS, DDV, LGB); and Trench & Wall Convectors (LNT, LFG, LFT). The company also offers engineering services including CFD modeling, sulfuric acid anodizing, and electronics manufacturing through its subsidiary Price Electronics.

Differentiator

Problem solved

Functional benefit

Brands

• Price Ultrasuite: Operating room diffuser system with integrated LED lighting, delivering laminar airflow, surgical illumination, and compliance with hospital and ASHRAE standards
• Price Select
• Disio Cloud
• Price Ultrasuite +Climate

Products and services

• PURAFLO (FFUC) Critical area exhaust system designed for healthcare facilities, delivering reliable air removal, particulate control, and compliance with hospital ventilation standards.
• CARES - Critical Area Recirculation/Exhaust System Critical area recirculation system for hospitals and cleanrooms, providing controlled airflow, infection prevention, and compliance with ASHRAE and USP standards.
• FDM - Filtered Diffuser Module Modular filtered diffuser designed to add MERV 13 or MERV 15 filtration at the diffuser level to an existing HVAC system.
• CAP - Ceiling Air Purifier Ceiling-mounted air purifier designed to fit into a standard ceiling grid for improving indoor air quality.
• RAP - Room Air Purifier Room air purifier that continuously cycles air through a HEPA filter to eliminate unwanted dust and particles.
• OAP - Overhead Air Purifier Overhead air purifier that continuously cycles air through an air filter to eliminate unwanted dust and particles.
• ACBL24 - Active Chilled Beam Linear 24" High-capacity active chilled beam engineered to handle large heating and cooling loads while supplying fresh air to the occupied space.
• ACBL12 - Active Chilled Beam Linear 12" Active chilled beam engineered to deliver high heating and cooling outputs by conditioning induced room air while supplying fresh, conditioned ventilation air.
• ACBR - Active Chilled Beam Recessed Recessed active chilled beam with flexible vertical or horizontal discharge configurations.
• ACBC - Active Chilled Beam Cabinet Floor-mounted exposed perimeter active chilled beam for offices, schools, hotels, and lobbies requiring efficient heating, cooling, and ventilation.
• ACBM - Active Chilled Beam Modular Modular active chilled beam providing four-way air discharge for heating and cooling, well-suited for internal T-bar ceiling installations.
• LIU - Linear Induction Unit High-performance induction unit engineered for applications with high latent cooling requirements, integrating a condensate drain pan for colder water operation.
• PCBL - Passive Chilled Beam Linear High-capacity passive chilled beam delivering cooling to the occupied zone through natural convection without requiring a supply air connection.
• PCBL-R - Passive Chilled Beam Linear with Integrated Return Passive chilled beam that cools the space through natural convection and includes an integrated return for ceiling installations.
• RIU - Retrofit Induction Unit Drop-in replacement induction unit designed to retrofit legacy systems where original equipment is no longer available.
• Disio Cloud: Building Management System Building Management System used to remotely and securely monitor HVAC equipment in commercial buildings.
• DISIO - Disio Display Thermostat In-house developed display thermostat designed for simplicity and flexibility.
• PRTU - Price Rooftop Unit Controller Controller designed to operate with virtually any packaged constant volume or variable volume rooftop unit ranging from 2-30 tons.
• PIC - Price Intelligent Controller Advanced and configurable full DDC proportional integral (PI) zone controller for exceptional user comfort and energy efficiency.
• PIC-SD - Price Intelligent Controller - SD Advanced and configurable full DDC proportional integral (PI) zone controller for exceptional user comfort and energy efficiency.
• BACnet Router (PRTU-BAC-RTR) BACnet router enabling transmission of information between BACnet networks such as BACnet/IP, BACnet Ethernet, and BACnet MS/TP.
• BCT - Price BACnet Commissioning Tool Tool for troubleshooting BACnet networks when communication between devices is insufficient.
• Linkersoft2 Software & LCD Thermostat Step-by-step setup and calibration software dedicated to Price Controls products.
• USA - Operating Room Diffuser System with Integrated LED Lighting (Price Ultrasuite) Operating room diffuser system with integrated LED lighting, delivering laminar airflow, surgical illumination, and compliance with hospital and ASHRAE standards.
• FFU - Fan Filter Unit Fan filter unit providing HEPA-filtered airflow for cleanrooms and healthcare spaces, supporting ISO classifications, particulate control, and energy-efficient operation.
• LFD - Laminar Flow Diffuser Laminar flow diffuser delivering uniform, low-turbulence airflow for operating rooms, cleanrooms, and critical healthcare environments.
• RFD - Radial Flow Diffuser Radial flow diffuser engineered for healthcare applications, providing even air distribution, thermal comfort, and compliance with hospital airflow standards.
• HGWC - Hospital Grade Welded Ceiling System Heavy duty, extruded aluminum ceiling suspension system for support of diffusers, in-fill panels, and light fixtures in critical environments.
• LFDC - Laminar Flow Diffuser with HEPA Filter Laminar flow diffuser with integrated HEPA filter, delivering unidirectional airflow for operating rooms and cleanrooms requiring particulate control.
• RFDC - Radial Flow Diffuser with HEPA Filter Radial flow diffuser with HEPA filtration, supporting cleanroom and hospital airflow requirements for infection control and air cleanliness.
• HORD - Hospital Operating Room Air Curtain Operating room air curtain system creating a protective airflow barrier, reducing airborne particulates and supporting surgical suite ventilation standards.
• BFC - BACnet Flow Controller BACnet flow controller enabling precise airflow control and integration with building automation systems for healthcare and cleanroom HVAC applications.
• DR360 - Full Round 360° Displacement Diffuser Free-standing diffuser that supplies a full 360° low-velocity displacement pattern around the unit in the occupied zone.
• DR180 - Half Round 180° Displacement Diffuser Floor-mounted diffuser that produces a 180° displacement pattern for placement against walls or columns.
• DR90 - Quarter Round 90° Displacement Diffuser Corner-installed diffuser with a curved face that delivers a 90° displacement pattern and handles higher airflow volumes.
• DFC - Displacement Flow Ceiling Diffuser Suspended-ceiling displacement diffuser engineered to provide one-way, low-velocity supply air into the space.
• Vantage (SDV-Vantage) - High Performance Single Duct Unit Innovative VAV box with major impact on operating cost and HVAC system efficiency.
• SDV - Single Duct Terminal Unit Single duct terminal unit with minimal pressure drop and low noise levels that controls the airflow rate of conditioned air into an occupied space.
• FDC - Series Flow Fan Powered Terminal Unit Series flow fan powered terminal unit designed to supply air volume to the occupied zone in response to a control signal.
• FDV - Parallel Flow Fan Powered Terminal Unit Parallel flow fan powered terminal unit where primary airflow provides cooling demand while a recirculating air section provides heating air volume.
• WC - Water Coils Factory-mounted water coils designed specifically to suit Price terminal units, rated and certified to AHRI 410.
• EC - Electric Coils Electric reheat coils available as factory mounted accessories for Price single duct and fan powered terminal units, ETL listed to meet electrical safety standards.
• DDS - Mixing Dual Duct Compact, standard mixing dual duct terminal unit, ideal for projects with space limitations and normal sound and mixing requirements.
• DDV - Non-Mixing Dual Duct Economical, non-mixing dual duct terminal unit that precisely regulates the flow of conditioned air to a room or zone.
• LGB - Bypass Terminal Unit Low pressure bypass terminal unit providing complete zoning flexibility from a single zone source.
• FCH - Horizontal Low-Profile Fan Coil AHRI440 certified fan coil with an array of features and options to facilitate the climate control of individual spaces.
• FCHG - Low Profile Horizontal High Performance Fan Coil High performance fan coil with low noise, high capacity, and pressure capability up to 0.5 in. w.g.
• FCV - Vertical Fan Coil Vertical blow-through fan coil designed for wall-mounted applications, operating in a large airflow range from 200 to 1200 CFM.
• ACHU - Horizontal Air Change Blower Coil Component of the Price Ultrasuite Climate Change system, providing hospital operating theatres with an increased number of air changes.
• 80 - Egg Crate Grille High free-area eggcrate return grille for efficient air return and ventilation performance in HVAC systems.
• 500 - Steel Louvered Grille Steel louvered grille with adjustable supply or fixed return blades, providing controlled airflow and durable HVAC performance.
• 600 - Aluminum Louvered Grille Aluminum louvered grille with adjustable supply or fixed return blades for precise airflow control in commercial HVAC applications.
• MSBG - Maximum Security Bar Grille Security bar grille restricting access and allowing airflow between secure and non-secured areas.
• LNT - Linear Natural Convection Terminal Convection terminal designed to utilize natural convection to provide warm air by circulating room air through raised access floor.
• RPM - Radiant Panel Modular Modular radiant panel engineered to deliver efficient radiant heating and/or cooling in exposed, suspended, recessed, or flush-mounted ceiling applications.
• RAC - Return Air Canopy Lightweight and easy to install product providing an economical solution for return air noise and improved speech privacy, positioned directly above return grilles.
• RL/RM/RH - Rectangular Silencers Rectangular silencers designed to reduce noise in rectangular ductwork while minimizing system pressure drop.
• CS - Absorptive Circular Silencers Circular silencers providing a practical, engineered solution for controlling duct noise in systems with round ductwork.
• XT - Cross Talk Silencers Cross talk silencers allowing air transfer between adjacent areas while providing necessary attenuation to maintain the sound transmission class (STC) rating.
• SPD - Square Plaque Diffuser Modern square plaque diffuser offering even air distribution and low-noise HVAC operation.
• SDS - Linear Slot Diffuser Linear slot diffuser offering adjustable air patterns and sleek appearance for ceiling HVAC systems.
• Computational Fluid Dynamics (CFD) Services Engineering service combining HVAC expertise with computational fluid dynamics (CFD) modeling to optimize placement and sizing of air distribution and conditioning equipment for occupant comfort and energy efficiency.
• Sulfuric Acid Anodizing Electrochemical process that grows a protective coating of aluminum oxide on aluminum products. Architectural sulfuric acid anodizing in Class I and Class II as well as decorative coatings.
• Electronics Manufacturing Services (Price Electronics) PCBA OEM manufacturing partner located in Winnipeg, Canada with 25 years of experience backed by the reach and reputation of Price Industries.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• BACnetcoreTechnology or IntegrationBACnet networking is a standard feature across Price Controls products enabling communication with Price control routers and web servers. Price products integrate with BACnet/IP, BACnet Ethernet, and BACnet MS/TP networks through BACnet routers and switches.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Lennox International: Lennox is a broad HVAC incumbent in commercial rooftop units, indoor air quality and building controls that competes with Price on integrated commercial HVAC proposals and increasingly on IAQ/filtration offerings.
• Carrier Global: Carrier is a broad HVAC incumbent whose commercial and industrial systems (and controls platform) overlap with Price on large non-residential projects. Carrier's installed base and bundling capability make it a competitor for specification preference.
• Johnson Controls: Johnson Controls is both a direct peer (via Titus) and a broad incumbent offering Metasys building automation, chillers, AHUs and rooftop systems. Its ability to bundle Titus air distribution with controls and equipment competes with Price's integrated offering.
• Trane Technologies: Trane is a broad HVAC incumbent offering chillers, AHUs, rooftop units and increasingly integrated air distribution/controls solutions. It competes with Price when bundling full HVAC systems on large commercial and institutional projects.

Emerging players

• Distech Controls: Distech Controls is a building automation and environmental controls vendor whose BACnet/BMS offerings overlap with Price's Disio Cloud, PRTU and PIC controllers. It competes for specification preference in smart-building integration projects.

Direct peers

• Titus (Johnson Controls): Titus is one of the closest direct competitors to Price in non-residential air distribution, offering diffusers, grilles, terminal units and chilled beams through similar specification channels. Now owned by Johnson Controls, it competes head-to-head in commercial, healthcare and cleanroom projects.
• Nailor Industries: Nailor is a North American manufacturer of air distribution equipment (diffusers, grilles, terminal units, VAV boxes, fan coil units) that competes directly with Price across commercial, institutional and industrial non-residential projects.
• Krueger (Mestek): Krueger is a direct peer in air distribution products (diffusers, grilles, terminal units, chilled beams) for non-residential buildings, with overlapping vertical coverage in healthcare, education and commercial offices. Sits within the Mestek family alongside Anemostat, Metal Industries and Trueline.
• Metal Industries (Mestek): Metal Industries produces grilles, diffusers and related air distribution products for HVAC systems, directly competing with Price in commercial and institutional non-residential projects across the US and Canada.
• Anemostat (Mestek): Anemostat manufactures air distribution products and noise control solutions for commercial buildings, directly overlapping Price's core diffuser/grille/silencer portfolio. It is another Mestek family brand competing in specification-driven projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Price Industries