International Cooling Tower

What International Cooling Tower does

International Cooling Tower (ICT) is a North American Engineering, Procurement and Construction (EPC) provider of industrial cooling solutions, founded in 1958 and headquartered in Edmonton, Canada. The company designs, manufactures, and field-erects cooling towers and related heat-rejection equipment for power generation, petrochemical, refining, chemical, manufacturing, mining, data center, and renewable energy customers across North America. Its product portfolio spans field-erected counterflow and crossflow wet cooling towers, hybrid (plume-abated) wet/dry combination towers, air-fin coolers and air-cooled heat exchangers (ACHE), adiabatic dry coolers, evaporative fluid coolers, mobile rental towers, and the proprietary ICT Lock® fan brake system. ICT complements equipment sales with maintenance, inspection, structural analysis, and turnkey construction services delivered by an in-house field workforce exceeding 1,000 personnel annually and totaling 1.75M man hours per year.

ICT's underlying technology is rooted in thermal and mechanical engineering rather than software or AI: counterflow and crossflow geometries, wet/dry hybrid configurations that reduce visible plume, and forced/induced draft air-cooled heat exchangers for non-evaporative applications. Its only registered intellectual property is the ICT Lock® trademark covering its fan brake system. The company reports 99% customer retention, 93% on-time/on-budget delivery, and 100% customer satisfaction, and self-identifies as the North American market leader in industrial cooling EPC.

The business model combines one-time EPC project revenue (engineering, procurement, construction of new and replacement towers including complex turnarounds), hardware sales of custom-manufactured cooling equipment, professional services revenue from inspections and maintenance, rental revenue from mobile evaporative towers, and aftermarket parts revenue via a dedicated e-commerce storefront (spareparts.ictower.com). Pricing is quote-based and not publicly disclosed. Go-to-market is enterprise field sales supported by trade shows, content marketing through the corporate blog, and direct phone and email contact (1-800-661-3645, [email protected]). The company is privately held with no disclosed parent, investors, or public listing; Brent Middleton serves as Chief Executive Officer.

Name

International Cooling Tower

Legal name

International Cooling Tower

Website

https://ictower.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

501–1,000 employees

Short description

International Cooling Tower (ICT), founded in 1958, provides EPC services and industrial cooling solutions including wet, hybrid, adiabatic, and air-cooled systems across North America. It serves power generation, petrochemical, refining, mining, manufacturing, and data center customers with engineering, construction, and maintenance services.

Ownership category

akta.pro rank

Product category

Industrial Cooling Equipment

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

akta.pro secondary industries

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), Chillers, Boilers & Central Plant Operations (BPABACAG)

Keywords

• Industrial cooling towers
• EPC cooling services
• Heat exchangers
• Field erected cooling
• Process cooling equipment

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EPC Services: Engineering, Procurement and Construction services for industrial cooling tower projects including new construction, turnkey replacements, and complex turnarounds with critical schedules.
2. Cooling Tower Manufacturing: Custom manufacturing of industrial cooling towers, hybrid cooling towers, air-fin coolers, adiabatic dry coolers, and air cooled heat exchangers.
3. Maintenance & Inspection Services: Inspections and structural analysis of wood, steel, fiberglass and concrete cooling towers, including maintenance and repair strategies with budgets.
4. Rental Towers: Mobile evaporative cooling towers available for rental to meet temporary cooling needs.
5. Parts Sales: Spare parts store (spareparts.ictower.com) for cooling tower components and replacement parts.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

International Cooling Tower (ICT) engineers, manufactures, and constructs industrial cooling towers and related heat exchange equipment for large-scale industrial customers. The company delivers full Engineering, Procurement, and Construction (EPC) services, custom field-erected counterflow and crossflow cooling towers, hybrid wet/dry systems, air-fin coolers, adiabatic dry coolers, evaporative fluid coolers, and mobile rental towers, along with maintenance, inspection, and structural repair services.

Product overview

International Cooling Tower (ICT) offers a comprehensive portfolio of industrial cooling solutions spanning multiple product categories: wet cooling towers (field erected counterflow and crossflow designs), hybrid/plume-abated towers combining wet and dry cooling, air-cooled heat exchangers (ACHE/Air-fin coolers) in both standard and large-scale configurations, adiabatic dry coolers, combination wet/dry systems, mobile rental towers, and the proprietary ICT Lock® fan brake system. ICT provides Engineering, Procurement and Construction (EPC) services for industrial cooling projects, supported by 62+ years of engineering expertise. The company also offers maintenance, inspection, and construction services alongside its product portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• ICT Lock®: Fan Brakes of Mechanical Equipment

Products and services

• Cooling Towers Field Erected Industrial Counterflow and Crossflow Cooling Towers designed for large-scale industrial water cooling applications across power, petrochemical, refining, chemical, manufacturing, and mining sectors.
• Hybrid Cooling Tower (Plume Abated) Plume-Abated cooling towers that combine wet evaporative and dry cooling in a single system, eliminating or reducing visible plume emissions for industrial customers.
• Air Cooled Heat Exchanger (ACHE) Forced and induced draft Air Cooled Heat Exchangers (ACHE) for non-evaporative industrial cooling applications.
• Large Scale Air-Fin Coolers Field forced and induced draft Air Cooled Heat Exchangers designed for large-scale industrial applications requiring high-capacity non-evaporative cooling.
• Rental Towers Mobile evaporative cooling towers offered for rental to meet temporary or supplemental industrial cooling needs.
• ICT Lock® Fan Brake Proprietary fan brake system for mechanical equipment in cooling towers, sold under the registered ICT Lock® trademark to support safe maintenance and operation.
• Evaporative Fluid Cooler Evaporative fluid cooling systems for industrial process cooling applications, complementing the cooling tower product family.
• Combination Wet/Dry Cooling Towers Cooling towers that integrate evaporative and dry cooling within a single system, allowing flexible operation based on ambient conditions.
• Adiabatic Dry Cooler Adiabatic dry cooling solutions that use water evaporation for pre-cooling intake air, improving efficiency in dry-mode operation.
• Engineering & Design Services Custom industrial cooling tower engineering and design services tailored to specific customer requirements and site conditions.
• Maintenance & Inspection Services Inspections and structural analysis of wood, steel, fiberglass, and concrete cooling towers, plus the development of maintenance and repair strategies with budgets.
• Construction Services Field construction services for new and existing industrial cooling towers, including greenfield construction, turnkey replacements, and complex turnarounds with critical schedules, delivered by an in-house construction operation.
• Spare Parts Store Online store selling spare parts and replacement components for cooling towers via spareparts.ictower.com.

Quantifiable outcome

• 99% customer retention rate
• +3 more outcomes

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• SPX Cooling Technologies: SPX's cooling technologies division manufactures and services evaporative, adiabatic, and dry cooling towers and air-cooled heat exchangers for power, petrochemical, refining, and industrial markets - directly overlapping ICT's product portfolio and customer verticals.
• Baltimore Aircoil Company (BAC): BAC designs and manufactures evaporative cooling towers, closed-circuit fluid coolers, and ice thermal storage for HVAC, industrial process, and refrigeration markets. Highly comparable to ICT in product family and industrial customer overlap.
• EVAPCO: EVAPCO manufactures evaporative cooling towers, adiabatic coolers, and dry coolers for power generation, petrochemical, data center, and HVAC markets worldwide - a direct competitor with comparable product breadth and industrial focus.
• Hamon: Belgian-headquartered Hamon designs and supplies cooling towers, air-cooled condensers, and heat exchangers for power, petrochemical, and industrial customers globally - directly comparable to ICT with broader geographic reach.
• Paharpur Cooling Towers: India-based Paharpur is one of the world's largest industrial cooling tower manufacturers, serving power, petrochemical, fertilizer, and process industries with field-erected natural and mechanical draft towers - directly comparable product and customer focus.
• Brentwood Industries: Brentwood Industries manufactures cooling tower fills, drift eliminators, and structural components used in industrial cooling towers globally - a direct supplier and partial competitor to ICT in tower internals and aftermarket.

Broad incumbents

• Kelvion: Kelvion (formerly GEA Heat Exchangers) is a global manufacturer of heat exchangers, plate heat exchangers, and process cooling equipment serving power, oil & gas, chemical, and HVAC - broader portfolio than ICT but overlapping in industrial heat transfer.
• Alfa Laval: Alfa Laval is a global leader in heat transfer, separation, and fluid handling with extensive industrial heat exchanger and process cooling products serving power, petrochemical, and process industries - a much larger incumbent in adjacent thermal equipment markets.
• Babcock & Wilcox: Babcock & Wilcox supplies power plant and industrial cooling equipment and services, including cooling systems, heat exchangers, and EPC services for power generation and industrial customers - broad incumbent overlapping in cooling-for-power and EPC delivery.
• API Heat Transfer: API Heat Transfer manufactures industrial heat exchangers and thermal management equipment for power, petrochemical, chemical, and HVAC markets - comparable industrial cooling and heat transfer product lines to ICT's air-cooled heat exchanger offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Interna79273986
• Facebookfacebook.com/internationalcoolingtower

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 International Cooling Tower