ALSTROM

What ALSTROM does

ALSTROM Thermal Solutions LLC, operating through its related entity ALSTROM Energy Group LLC, is a privately held US-based designer, manufacturer and distributor of custom heat transfer equipment, headquartered in Old Bridge, New Jersey. Founded in 1939, the company offers a catalog spanning shell-and-tube and plate-and-frame heat exchangers, packaged heat transfer systems, custom ASME pressure vessels, and commercial/industrial steam and hot-water boilers, with add-on modules including deaerators, pumping systems, heat recovery boilers, instantaneous water heaters, and unfired steam generators. Its core technical platform is a patented in-house Method of Heat Exchangers Optimization, developed by its R&D Department, which uses Computerized Thermal and Mechanical Modeling to select the most efficient heat exchanger configurations within customer-specified performance and cost parameters. ALSTROM holds ASME Section VIII (Division 1) U, S, National Board R and NB certifications and complies with TEMA standards, manufacturing domestically in the USA.

The company operates a direct sales-led go-to-market targeting commercial and industrial customers, supported by a no-obligation field survey service, a lunch-and-learn educational program for qualified engineering firms, and a strategic representative alliance with Oilon Inc. covering the New York City, Long Island, Rockland and Westchester commercial and industrial burners market. Revenue is generated through hardware sales of custom-engineered equipment and professional design/fabrication services on a quote-based model, with multi-year contracts and a documented 2-5 working day turnaround capability for urgent requirements. Replacement tube bundles for the installed base provide an ongoing aftermarket revenue stream. The company claims worldwide customer reach while operating from a single New Jersey facility with 11-50 employees, and it is privately held with no disclosed funding, ownership changes, M&A, or leadership transitions in the source data.

Name

ALSTROM

Legal name

ALSTROM Thermal Solutions LLC

Website

https://alstromenergygroup.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

ALSTROM is a privately held, US-based (Old Bridge, NJ) custom heat transfer equipment designer and manufacturer operating since 1939, serving commercial and industrial customers with ASME-certified shell-and-tube exchangers, plate-and-frame units, boilers, and pressure vessels built to specification.

Ownership category

akta.pro rank

Product category

Industrial Heat Transfer Equipment

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

Keywords

• Industrial heat transfer equipment
• Shell and tube exchangers
• Plate and frame exchangers
• ASME pressure vessels
• Commercial industrial boilers

Headquarters

HQ city

Old Bridge

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, Marketing or Sales

Revenue model

1. Heat Transfer Equipment Manufacturing: Design, manufacture, and distribution of custom heat transfer equipment including shell and tube heat exchangers, plate and frame heat exchangers, packaged heat transfer systems, and custom ASME pressure vessels. Equipment is tailored to customer specifications rather than catalog-based offerings.
2. Custom Engineering and Design Services: Customized heat transfer solutions engineered to customer specifications with rapid turnaround. The company can calculate, design and fabricate complete heat exchangers within two to five working days for urgent requirements.
3. Replacement Parts and Components: Supply of replacement tube bundles for existing heat exchanger installations, providing ongoing revenue from existing customer base.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ALSTROM designs, manufactures, and distributes custom-engineered heat transfer equipment including shell and tube heat exchangers, plate and frame heat exchangers, packaged heat transfer systems, and ASME-certified custom pressure vessels for industrial, commercial, HVAC, and process applications. The company builds tailor-made equipment to customer specifications using its patented Method of Heat Exchangers Optimization with Computerized Thermal and Mechanical Modeling, offering rapid 2–5 working day fabrication turnaround for urgent requirements.

Product overview

ALSTROM is a US-based ASME Certified Heat Transfer Equipment Design, Manufacture & Distribution Company operating since 1939, with over 75 years of experience. The company offers a comprehensive portfolio of patented heat transfer equipment and systems built on a unique method of Heat Exchangers Optimization developed in-house. The core product lines include Packaged Heat Transfer Systems, Shell & Tube Heat Exchangers, Plate & Frame Heat Exchangers, Custom ASME Pressure Vessels, and Commercial & Industrial Steam and Hot Water Boilers. Supporting these are specialized add-on modules including Hot Water Generators, Heat Recovery Boilers, Deaerators, Pumping Systems, Instantaneous Hot Water Heaters (ECO-Pack), Fuel Oil Pump & Heater Sets, Blowdown Heat Recovery Systems, and Unfired Steam Generators (ASTEG). ALSTROM's equipment serves HVAC, Industrial, and Process applications, utilizing Computerized Thermal and Mechanical Modeling to ensure maximum performance efficiency. The company holds ASME Section VIII Division 1 certification and meets TEMA standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Shell & Tube Heat Exchangers

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Oilon Inc.coreChannel Partner/ Reseller/ DistributorStrategic representative alliance with Oilon Inc. for servicing the New York City, Long Island, Rockland and Westchester Counties commercial and industrial burners market. Oilon serves as a representative channel partner for ALSTROM's burner products in the NY metropolitan region.

Scale indicators2 records

Recent moves4 records

Direct peers

• Holtec International: Holtec International manufactures custom-engineered heat transfer equipment and pressure vessels for nuclear, fossil power, and industrial process applications, with strong ASME certification capabilities. Directly comparable to ALSTROM as a US-based custom manufacturer of ASME-certified heat exchangers and pressure vessels serving industrial customers.
• SPX Heat Transfer (SPX Technologies): SPX Heat Transfer designs and manufactures heat exchangers, condensers, and cooling systems for HVAC, industrial, and power generation applications. Directly comparable to ALSTROM as a competing custom heat exchanger manufacturer with similar product lines and customer base.
• API Heat Transfer: API Heat Transfer (API Basco, APV, Schmidt Bretten) manufactures plate, shell-and-tube, and air-cooled heat exchangers for industrial, chemical, and HVAC markets. Directly comparable to ALSTROM as a competing custom heat exchanger manufacturer serving similar commercial and industrial applications.
• Graham Corporation: Graham Corporation designs and manufactures custom-engineered heat transfer equipment, including condensers, heat exchangers, and pressure vessels for defense, energy, and industrial markets. Directly comparable to ALSTROM as a small-cap US-based custom heat exchanger manufacturer focused on engineered-to-order thermal solutions with ASME certifications.
• HRS Heat Exchangers: HRS Heat Exchangers specializes in heat transfer technology including plate, tubular, and scraped surface heat exchangers for industrial, hygienic, and process applications. Directly comparable to ALSTROM as a custom heat exchanger manufacturer serving similar commercial and industrial customer segments.
• Alfa Laval: Alfa Laval is a global leader in heat transfer, separation, and fluid handling technologies, manufacturing shell-and-tube, plate, and gasketed heat exchangers for industrial, HVAC, and process applications. Directly comparable to ALSTROM as both companies supply custom and standard heat transfer equipment to commercial and industrial customers, though Alfa Laval operates at significantly greater scale and global footprint.
• Kelvion: Kelvion is a global manufacturer of heat exchangers including plate heat exchangers, shell-and-tube units, and custom-engineered thermal solutions for HVAC, refrigeration, and industrial process applications. Directly comparable to ALSTROM as a competing custom heat exchanger manufacturer with similar product breadth and customer base.
• Barriquand Epco: Barriquand Epco designs and manufactures plate heat exchangers and custom heat transfer equipment for HVAC, district heating, and industrial applications. Directly comparable to ALSTROM as a competing custom heat exchanger manufacturer focused on plate technology and engineered thermal solutions.

Broad incumbents

• Modine Manufacturing: Modine Manufacturing produces heat transfer and cooling solutions including coils, heat exchangers, and radiators for HVAC, automotive, and industrial markets. Comparable to ALSTROM as a heat transfer equipment manufacturer, though Modine operates at much larger scale across multiple end markets and serves both OEM and aftermarket channels.
• Xylem: Xylem is a global water technology company that manufactures pumps, heat exchangers, and fluid handling equipment for industrial, commercial, and utility applications. Comparable to ALSTROM as a major industrial equipment manufacturer with overlapping product lines in heat transfer and pressure vessels, though Xylem's scale and breadth are significantly larger.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/AlstromEnergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 ALSTROM