Thermal Transfer Products

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.

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

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

• Heat exchangers
• Hydraulic oil cooling
• Engine cooling systems
• Compressed air cooling
• Brazed aluminum coolers

Headquarters

HQ city

Racine

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. 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.
2. Custom Engineering Solutions: Custom-engineered heat transfer solutions designed to meet specific customer application requirements. Revenue derived from bespoke engineering design and manufacturing services.
3. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core 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

Segments5 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.

• API Heat TransfercoreStrategic or Co-development PartnerTTP 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

Direct 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

• LinkedInlinkedin.com/company/api-heat-transfer
• Xx.com/gregttp

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 Thermal Transfer Products