Thermal Transfer Products
Thermal Transfer Products (TTP) is a US-based manufacturer of engineered air- and water-cooled heat exchangers for industrial and mobile applications, serving fluid power, mobile equipment OEM, compressor, power generation, and oil and gas customers through a 774+ distributor network and direct sales.
- Company typePrivate
- Founded1970
- HeadquartersRacine, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Thermal Transfer Products does
Thermal Transfer Products (TTP) is a US-based manufacturer of engineered heat exchangers for industrial and mobile applications, operating as a subsidiary/brand of API Heat Transfer. Founded around 1970 and headquartered in Racine, Wisconsin, the company designs and produces air- and water-cooled heat exchangers across multiple technology platforms including brazed aluminum (with proprietary patented TBAR tube-to-bar joint technology), copper tube/aluminum fin, shell-and-tube, and brazed plate designs. The product portfolio spans hydraulic oil cooling (AOC, AO, AOF, AOVH, RM, AOL, BOL, OCA, COL series), water-cooled shell-and-tube units (EK, EKT, EC, HC, HCR, SSC, A, B, CA, UC/UCV, BPSW, BPW, PF series), compressed air cooling (aftercoolers and separators), engine cooling (radiators, charge air coolers, parallel flow condensers), and supporting accessories (MAGHEX 2 fan controller, temperature sensors, thermostatic valves). Digital tools include the XSelector sizing software (web, desktop, and mobile apps) and a 3D Product Configurator.
TTP serves a diversified customer base including industrial fluid power operators, mobile equipment OEMs (construction, agriculture, off-highway), compressor manufacturers, power generation equipment makers, and oil and gas industry operators. The company sells primarily through a network of 774+ authorized distributors across North America and international markets, supplemented by direct enterprise engagement with engineer-to-engineer application consultation. Operations include a Suzhou, China-based Asia Pacific branch. Revenue is generated through quote-based hardware sales of both standard catalog products and custom-engineered solutions, with all pricing delivered through distributor or direct manufacturer contact; no public pricing or revenue figures are disclosed.
The company's value proposition rests on a 50+ year industry track record, the breadth of its heat exchanger lineup, short lead times for both standard and custom orders, and proprietary tools that reduce customer engineering effort. It does not disclose funding, financials, leadership team, or headcount growth; its strategic trajectory is informed chiefly by ongoing product line extensions, digital tool development, and sustained distribution-network expansion under the API Heat Transfer parent.
Thermal Transfer Products firmographics
Firmographics- Name
- Thermal Transfer Products
- Legal name
- Thermal Transfer Products
- Website
- https://thermaltransfer.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Thermal Transfer Products (TTP) is a US-based manufacturer of engineered air- and water-cooled heat exchangers for industrial and mobile applications, serving fluid power, mobile equipment OEM, compressor, power generation, and oil and gas customers through a 774+ distributor network and direct sales.
- Ownership category
- akta.pro rank
Thermal Transfer Products industry classification
Industry- Product category
- Industrial Heat Exchangers
- NAICS
- Power Boiler and Heat Exchanger Manufacturing (33241)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)
Keywords
Where Thermal Transfer Products is headquartered
LocationHeadquarters
- HQ city
- Racine
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Thermal Transfer Products business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
Revenue model
- Heat Exchanger Products: TTP generates revenue through the manufacture and sale of engineered heat exchangers including air-cooled and water-cooled systems for industrial and mobile applications. Products include hydraulic oil coolers, compressed air coolers, engine cooling systems, and accessories.
- Custom Engineering Solutions: Custom-engineered heat transfer solutions designed to meet specific customer application requirements. Revenue derived from bespoke engineering design and manufacturing services.
- Application Engineering Services: Technical consultation services including product sizing, application engineering, and technical support to help customers select and implement appropriate heat transfer solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Standard Heat Exchanger Products |
| Unit Pricing | Multi-year contract | Custom Engineered Solutions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Thermal Transfer Products product offering
Product offeringCore offering
Thermal Transfer Products (TTP) is a US-based manufacturer of engineered air-cooled and water-cooled heat exchangers for industrial and mobile applications. Its portfolio spans hydraulic oil coolers, compressed air aftercoolers, engine cooling modules, brazed plate systems, and shell-and-tube bundles, supported by proprietary sizing software, a 3D product configurator, and custom-engineered solutions for OEM and end-user customers.
Product overview
Thermal Transfer Products (TTP) is a US-based manufacturer of engineered heat exchangers for industrial and mobile applications, with over 50 years of experience. The company offers a comprehensive portfolio of air- and water-cooled heat exchangers under the API Heat Transfer umbrella. Their product lineup includes: (1) Hydraulic Oil Cooling systems comprising air-cooled units (AOC, AO, AOF, AOVH, RM series with copper tube/aluminum fin; AOL, BOL, OCA series in brazed aluminum) and water-cooled shell & tube units (EK, EKT, EC, HC, HCR, SSC, A, B, CA, UC/UCV series; BPSW, BPW brazed plate series); (2) Compressed Air Cooling products including air-cooled aftercoolers (AHP/AHPH, ACOC/ACOCH, M, BGA series), water-cooled aftercoolers (AB series), and water separators (S-50 through S-2600 models); (3) Engine Cooling systems featuring CAB/vacuum-brazed bar-plate heat exchangers, T-BAR/P-BAR/S-BAR modules, tube-and-header radiators, and parallel flow condensers; (4) Temperature control accessories (MAGHEX 2 Fan Controller, temperature sensors, thermostatic valves, thermal bypass valves); and (5) Software tools including XSelector® sizing software and 3D Product Configurator. The products serve both industrial and mobile OEM markets across North America and globally.
Differentiator
Problem solved
Functional benefit
Brands
- XSelector®: Proprietary cooler sizing software program that allows users to size all standard air and water cooled products for industrial and mobile cooling applications. Available as both web application and mobile app for Apple and Android devices.
- AOC Series
- BOL Series
- OCA Series
- MAGHEX 2
Products and services
- AOC Series – Industrial
- AO Series
- AOF Series
- AOVH Series
- RM Series
- AOL Series
- BOL Series
- OCA Series
- COL Series
- AOC Series – Mobile
- DH Series
- DF Series
- M Series Hydraulic Oil Cooler
- MF Series
- AOHM/AOVHM Series
- MA Series
- EK Series
- EKT Series
- EC Series
- HC Series
- HCR Series
- SSC Series
- A Series
- B Series Hydraulic Oil Coolers
- CA Series
Companies that use Thermal Transfer Products
Customer profileSegments5 records
Thermal Transfer Products technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Thermal Transfer Products partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- API Heat TransfercoreTTP is a subsidiary/brand of API Heat Transfer, a global leader in heat transfer solutions. API Heat Transfer provides corporate oversight, shared resources, and brand positioning for TTP while TTP operates as a specialized manufacturer within the API portfolio.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Thermal Transfer Products competitors and assessment
Company assessmentDirect peers
- Kelvion: Kelvion (formerly GEA Heat Exchangers) is a global manufacturer of industrial heat exchangers including plate, shell & tube, and brazed plate designs serving process industries, HVAC, and power. It is the most direct comparable in technology and customer overlap with TTP's industrial fluid power and engine cooling lines.
- Modine Manufacturing: Modine is a thermal management specialist with deep exposure to engine cooling, charge air cooling, and oil cooling for commercial vehicles, off-highway, and industrial equipment — closely mirroring TTP's mobile equipment and engine cooling focus.
- Bell & Gossett (Xylem): Bell & Gossett, a Xylem brand, manufactures hydronic heat exchangers, pumps, and accessories for HVAC and industrial fluid systems — directly comparable to TTP's water-cooled shell & tube and brazed plate industrial offerings.
- SWEP (Alfa Laval): SWEP, an Alfa Laval brand, specializes in brazed plate heat exchangers (BPHEs) used in HVAC, refrigeration, and industrial process applications — a direct technology overlap with TTP's BPSW and BPW brazed plate product lines.
- Webasto: Webasto is a thermal management and air-conditioning specialist serving commercial vehicles, off-highway, and marine markets with heating and cooling solutions, comparable to TTP's mobile equipment engine cooling and refrigerant-based products.
Broad incumbents
- API Heat Transfer: TTP's parent platform and the operating group it sits within; API Heat Transfer offers a broader portfolio across shell & tube, plate, and air-cooled designs to petrochemical, power, and process markets, sharing technology and channel resources with TTP.
- Alfa Laval: Alfa Laval is a global leader in heat transfer, separation, and fluid handling, competing with TTP in brazed plate (SWEP), gasketed plate, and shell & tube technologies across industrial and marine/process applications.
- Danfoss: Danfoss offers a broad thermal management and fluid power portfolio that overlaps with TTP's hydraulic oil cooling and mobile equipment cooling markets, particularly through its climate solutions and drives businesses.
- ITT Inc. ITT has historically competed in industrial and heat transfer markets — TTP's product catalog notably includes 'ITT interchange' water-cooled units — positioning ITT as a benchmark comparable on technology, branding legacy, and aftermarket fitments.
Emerging players
- Boyd Corporation: Boyd provides engineered thermal management solutions including heat exchangers, cold plates, and integrated cooling modules for industrial and mobility customers, overlapping with TTP's custom-engineered cooling modules and engine cooling systems.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Thermal Transfer Products social profiles
Digital presenceThermal Transfer Products financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thermal Transfer Products leadership team
Management profileNumber of profiles
Thermal Transfer Products funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thermal Transfer Products 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 Thermal Transfer Products
What does Thermal Transfer Products do?
Thermal Transfer Products (TTP) is a US-based manufacturer of engineered air-cooled and water-cooled heat exchangers for industrial and mobile applications. Its portfolio spans hydraulic oil coolers, compressed air aftercoolers, engine cooling modules, brazed plate systems, and shell-and-tube bundles, supported by proprietary sizing software, a 3D product configurator, and custom-engineered solutions for OEM and end-user customers.
Is Thermal Transfer Products a public or private company?
Thermal Transfer Products is a private company. It is currently operating.
When was Thermal Transfer Products founded?
Thermal Transfer Products was founded in 1970. It employs 1 to 10 people.
Where is Thermal Transfer Products based?
Thermal Transfer Products is headquartered in Racine, United States, in the North America region.
How does Thermal Transfer Products make money?
Three revenue lines are on record. Heat Exchanger Products are the primary driver. The others are custom Engineering Solutions and application Engineering Services.
Who are Thermal Transfer Products's main competitors?
Direct peers on record are Kelvion, Modine Manufacturing, Bell & Gossett (Xylem), SWEP (Alfa Laval) and Webasto. Broad incumbents are API Heat Transfer, Alfa Laval, Danfoss and ITT Inc.. Boyd Corporation is listed as an emerging player.
Does Thermal Transfer Products have an API?
No public API is recorded for Thermal Transfer Products.
What industry is Thermal Transfer Products in?
Thermal Transfer Products's product category is Industrial Heat Exchangers. Its primary akta.pro industry code is IMAHAKAC, Heat Exchangers & Thermal Transfer Equipment. Its NAICS code is 33241 and its SIC code is 3585.