SRC Refrigeration
SRC Refrigeration is a Sterling Heights, Michigan-based custom manufacturer of commercial walk-in coolers and freezers, serving foodservice, beverage, floral, funeral, industrial, and pharmaceutical end markets across all 50 U.S. states and 15+ countries.
- Company typePrivate
- Founded1980
- HeadquartersSterling Heights, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What SRC Refrigeration does
SRC Refrigeration (legal entity SRC, LLC) is a Sterling Heights, Michigan-based custom manufacturer of commercial walk-in coolers, walk-in freezers, and specialized refrigeration units serving foodservice, beverage, floral, funeral, industrial, and pharmaceutical end markets. Founded in 1980, the company designs each unit to customer specification using a proprietary modular panel system (Premium Panel Construction) with cam-lock tongue & groove assembly and a minimum 4-inch solid-core Extruded Polystyrene (XPS) insulation layer sandwiched between dual galvanized steel skins, which it states exceeds EISA Energy Standards from the U.S. Department of Energy. The product portfolio spans nine core SKUs (custom walk-in coolers, walk-in freezers, beer caves, beverage coolers, food service coolers, funeral coolers, industrial coolers, restaurant coolers, floral coolers, and walk-in combos) plus replacement doors, all 100% American-made at the Michigan facility. The company holds U.S. Patent #2,377,379 for the Surround Air Refrigeration System, which delivers 90-95% humidity and uniform air temperature for floral preservation applications.
SRC's business model is a hybrid direct-and-channel hardware sales operation. Revenue is generated primarily through quote-based custom cooler/freezer sales and replacement door sales, with prices reaching up to $1,249 for standard beverage cooler units and full custom pricing for larger installations. The go-to-market combines a direct sales motion (800-number, website quote requests with same-day turnaround, in-house installation) with a Factory Authorized Dealer Program in which contractors receive 100% American-made co-branded marketing materials bearing the dealer's name. The company offers third-party equipment financing through Crest Capital Leasing, Complete Capital Leasing, and Direct Capital to facilitate larger purchases, and ships nationwide to all 50 U.S. states and 15+ countries. It is BBB accredited, operates without disclosed institutional investment, and runs an affiliate (Motor City Grow Systems) under the same SRC, LLC parent to extend into cultivation/cold-chain adjacent markets.
SRC Refrigeration firmographics
Firmographics- Name
- SRC Refrigeration
- Legal name
- SRC, LLC
- Website
- https://srcrefrigeration.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- SRC Refrigeration is a Sterling Heights, Michigan-based custom manufacturer of commercial walk-in coolers and freezers, serving foodservice, beverage, floral, funeral, industrial, and pharmaceutical end markets across all 50 U.S. states and 15+ countries.
- Ownership category
- akta.pro rank
SRC Refrigeration industry classification
Industry- Product category
- Commercial Refrigeration Equipment
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Refrigeration Equipment and Supplies Merchant Wholesalers (42374)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Commercial & Industrial Refrigeration Systems (IMAHAKAA)
Keywords
Where SRC Refrigeration is headquartered
LocationHeadquarters
- HQ city
- Sterling Heights
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SRC Refrigeration business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Custom Walk-In Cooler Sales: SRC generates revenue primarily through manufacturing and selling custom-built commercial walk-in coolers and freezers. Products are sold as one-time purchases with customization options for size, configuration, finishes, and features. The company provides professional installation services and offers a 50-year thermal warranty on insulation.
- Replacement Door Sales: SRC sells replacement doors for walk-in coolers, including various options for view windows, sizes, and features. Doors come with magnetic gaskets, hydraulic closures, and Extruded Polystyrene Insulation backed by a 50-year thermal warranty.
- Financing Services: SRC partners with third-party financing companies (Crest Capital Leasing, Complete Capital Leasing, Direct Capital) to offer equipment financing options to customers, facilitating larger purchases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Beverage Coolers - Standard Models |
| Unit Pricing | Pay-as-you-go | Funeral Coolers |
| Other | Pay-as-you-go | Custom Walk-In Coolers and Freezers |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
SRC Refrigeration product offering
Product offeringCore offering
SRC Refrigeration designs, manufactures, and supplies custom commercial walk-in coolers and freezers at its Sterling Heights, Michigan facility. Its product portfolio spans standard commercial coolers, walk-in freezers, beer caves, beverage coolers, food service coolers, funeral/mortuary coolers, industrial coolers, restaurant coolers, floral coolers, walk-in combo units, and replacement doors. Each unit is custom-built to specification with 4-inch solid-core XPS insulation, modular cam-lock panel construction, and engineered refrigeration systems, and is sold directly and through a Factory Authorized Dealer network.
Product overview
SRC Refrigeration is a custom walk-in cooler and freezer manufacturer offering individually designed commercial refrigeration solutions. The core product portfolio centers on Custom Walk-In Coolers and Walk-In Freezers as the foundational offerings, with specialized vertical-specific products including Beer Caves, Beverage Coolers, Food Service Coolers, Funeral Coolers, Industrial Coolers, Restaurant Coolers, and Floral Coolers. Additional offerings include Combo Display and Storage units (floral-specific), Commercial Walk-In Coolers, Walk-In Combos (cooler/freezer hybrid units), and Replacement Doors as an accessory product. All products are 100% American-made in Michigan, feature 4-inch solid-core XPS insulation, and are backed by a 50-year thermal warranty. The products share common construction features including modular panel systems, energy-efficient designs, customizable sizing and configurations, and professional installation services.
Differentiator
Problem solved
Functional benefit
Products and services
- Custom Walk-In Coolers
- Walk-In Freezers
- Beer Caves
- Beverage Coolers
- Food Service Coolers
- Funeral Coolers
- Industrial Coolers
- Restaurant Coolers
- Floral Coolers
- Walk-In Combos
- Replacement Doors
Quantifiable outcome
- 4-inch insulation exceeds EISA Energy Standards from the US Department of Energy
- +3 more outcomes
Companies that use SRC Refrigeration
Customer profileNamed customers1 record
Segments8 records
Ideal customer profiles6 records
SRC Refrigeration technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
SRC Refrigeration partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Motor City Grow SystemscoreSRC Refrigeration collaborates with Motor City Grow Systems as an affiliate partner providing cold storage solutions. Motor City Grow Systems operates under the same parent company (SRC, LLC) and shares the same website domain (srcrefrigeration.com and motorcitygrowsystems.com). This partnership allows affiliates to market an interconnected portfolio of quality, innovation, and comprehensive expertise to customers in both the refrigeration and cultivation industries.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
SRC Refrigeration competitors and assessment
Company assessmentDirect peers
- Master-Bilt: Master-Bilt manufactures commercial refrigeration equipment including walk-ins, reach-ins, and display cases — an overlapping mid-sized specialty competitor to SRC.
- Arctic Industries: Arctic Industries produces walk-in coolers, freezers, and refrigerated buildings for food retail and foodservice customers, comparable to SRC's commercial walk-in product portfolio.
- American Panel Corporation: American Panel is a US manufacturer of custom walk-in coolers, freezers, and refrigerated warehouses with similar panel-construction and customization value propositions, making it a direct comparable to SRC.
- Nor-Lake (Norlake): Nor-Lake is a US manufacturer of walk-in coolers, freezers, and modular cold storage rooms serving food service, florist, and industrial customers with comparable vertical coverage to SRC.
- Thermo-Kool: Thermo-Kool designs and manufactures custom walk-in coolers, freezers, and refrigerated warehouses, sharing SRC's custom-build, US-manufactured positioning and food-service customer base.
- Bally Refrigerated Boxes: Bally manufactures walk-in coolers, freezers, and refrigerated buildings for industrial and commercial customers, overlapping directly with SRC's walk-in cooler and industrial cooler product lines.
- Kolpak (Welbilt): Kolpak, part of the Welbilt/Manitowoc foodservice group, produces walk-in coolers and freezers for commercial kitchens — a clear direct peer to SRC with broader parent-company reach.
Broad incumbents
- Hussmann (Panasonic): Hussmann, owned by Panasonic, is a major incumbent manufacturer of commercial refrigeration and merchandising equipment — overlapping with SRC's grocery and convenience-store offerings but operating at significantly larger scale.
- Heatcraft Refrigeration Products: Heatcraft is a large incumbent producer of commercial and industrial refrigeration systems and components, overlapping with SRC's walk-in product lines as a broader portfolio incumbent.
Regional players
- Polar King Mobile: Polar King specializes in outdoor walk-in coolers and freezers — adjacent to SRC's commercial walk-ins, with a clearly differentiated focus on outdoor/mobile refrigerated storage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
SRC Refrigeration social profiles
Digital presenceSRC Refrigeration financial estimates
Financial estimateRevenue estimate
Valuation estimate
SRC Refrigeration leadership team
Management profileNumber of profiles
SRC Refrigeration funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SRC Refrigeration 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 SRC Refrigeration
What does SRC Refrigeration do?
SRC Refrigeration designs, manufactures, and supplies custom commercial walk-in coolers and freezers at its Sterling Heights, Michigan facility. Its product portfolio spans standard commercial coolers, walk-in freezers, beer caves, beverage coolers, food service coolers, funeral/mortuary coolers, industrial coolers, restaurant coolers, floral coolers, walk-in combo units, and replacement doors. Each unit is custom-built to specification with 4-inch solid-core XPS insulation, modular cam-lock panel construction, and engineered refrigeration systems, and is sold directly and through a Factory Authorized Dealer network.
Is SRC Refrigeration a public or private company?
SRC Refrigeration is a private company. It is classified as family owned and is currently operating.
When was SRC Refrigeration founded?
SRC Refrigeration was founded in 1980. It employs 51 to 100 people.
Where is SRC Refrigeration based?
SRC Refrigeration is headquartered in Sterling Heights, United States, in the North America region.
How does SRC Refrigeration make money?
Three revenue lines are on record. Custom Walk-In Cooler Sales are the primary driver. The others are replacement Door Sales and financing Services.
Who are SRC Refrigeration's main competitors?
Direct peers on record are Master-Bilt, Arctic Industries, American Panel Corporation, Nor-Lake (Norlake), Thermo-Kool, Bally Refrigerated Boxes and Kolpak (Welbilt). Broad incumbents are Hussmann (Panasonic) and Heatcraft Refrigeration Products. Polar King Mobile is listed as a regional player.
Does SRC Refrigeration have an API?
No public API is recorded for SRC Refrigeration.
What industry is SRC Refrigeration in?
SRC Refrigeration's product category is Commercial Refrigeration Equipment. Its primary akta.pro industry code is IMAHAKAA, Commercial & Industrial Refrigeration Systems. Its NAICS code is 333415 and its SIC code is 3585.