What Dry Coolers does

Dry Coolers, Inc. is a privately held, ISO 9001:2015-certified manufacturer of industrial process cooling systems, founded in 1985 and headquartered at a single 575 South Glaspie Street facility in Oxford, Michigan, USA. The company engineers, builds, and ships complete cooling systems directly from this factory to thousands of customers worldwide, with no disclosed intermediary distribution. Its portfolio spans the full fluid-temperature spectrum required by industrial users: air-cooled heat exchangers (the AquaVent AVI, AVV EvapAssist hybrid, AVD V-Bank, AVF, AVR, and FC-AVI free cooler lines) for fluid temperatures above 90°F with zero water usage; fiberglass and closed-circuit evaporative cooling towers (FGCT and MW series) for 85-100°F service; and mechanical chillers (Omni-Chill PAC and PWC-SW) for 50-80°F process fluids. Supporting product families include CleanLOOP and OpenLOOP packaged pump stations, the ExoShed outdoor mechanical-room enclosure, the CyClean centrifugal solids separator, plate heat exchangers, stainless bag filters, controls, water-treatment systems, and centrifugal pumps, plus an Air-Cooled Immersion Cooling System positioned for data centers, cryptocurrency, and high-performance computing.

The business model is project-driven and engineered-to-order: prospective customers obtain quotes via a 1-800 number (1-800-525-8173) or a "Request a Quote" web form, and pricing is not publicly disclosed. Dry Coolers serves at least seven verticals — industrial manufacturing (primary), metal treating, automotive, aerospace, agriculture and cannabis, energy, and data centers — selling right-sized, energy-efficient systems designed to customer specifications. Its value proposition emphasizes ISO 9001:2015 quality, UL/CSA/CE safety certifications, energy and water savings (zero water usage on air-cooled units; zero water discharge on CyClean), and complete packaged solutions that consolidate pumps, controls, and accessories into a single delivery. The company has remained independent and founder/management-controlled since 1985, with no external institutional or private-equity investment, no parent company, no disclosed M&A activity, and no published revenue figures.

Name

Dry Coolers

Legal name

Dry Coolers, Inc.

Website

https://drycoolers.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Dry Coolers, Inc. is a privately held Michigan-based manufacturer, founded in 1985, that designs and builds custom industrial process cooling systems — air-cooled heat exchangers, evaporative towers, mechanical chillers, pump stations, and immersion cooling for data centers — serving metal treating, automotive, aerospace, energy, agriculture, cannabis, and HPC customers worldwide.

Ownership category

akta.pro rank

Product category

Industrial Process Cooling Systems

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 (3334), Pump and Compressor Manufacturing (33391), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Pumps & Pumping Equipment (3561)

akta.pro primary industry

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

akta.pro secondary industries

Chillers & Cooling Plant Equipment (IMAHAKAE), Chillers, Boilers & Central Plant Operations (BPABACAG), Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), Automotive Coolant & Refrigerant Circuit Components (Pumps/Valves/Reservoirs/Expansion Devices) (IMACALAE)

Keywords

• Industrial cooling systems
• Air-cooled heat exchangers
• Evaporative cooling towers
• Mechanical chillers
• Process cooling equipment

Headquarters

HQ city

Oxford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels1 record

Marketing channels4 records

Core offering

Dry Coolers, Inc. designs and manufactures engineered industrial process cooling systems at its Oxford, Michigan facility, including air-cooled heat exchangers, evaporative cooling towers, mechanical chillers, pump stations, and supporting accessories for fluid temperatures ranging from above 90°F down to 50-80°F. The company provides custom right-sized, energy-efficient cooling solutions for industrial manufacturing, metal treating, automotive, aerospace, agriculture and cannabis, energy, and data center applications worldwide. Supporting offerings include engineering services, packaged outdoor mechanical rooms, water treatment, controls, and replacement parts.

Product overview

Dry Coolers, Inc. provides engineered industrial process cooling solutions as a hardware manufacturer with multiple product lines. The core portfolio includes air-cooled heat exchangers (AquaVent series: AVI, AVV, AVD, AVF, AVR) offering zero water usage for fluid temperatures above 90F, evaporative cooling towers (FGCT and MW series) for 85-100F applications with low capital cost, and mechanical chillers (Omni-Chill PAC and PWC-SW) for delivering coldest fluids at 50-80F temperatures. Supporting these core systems are pump stations under the CleanLOOP and OpenLOOP brands for fluid circulation, accessories including the ExoShed outdoor enclosure, plate heat exchangers, CyClean centrifugal separators, and various controls and water treatment equipment. The company also offers immersion cooling systems specifically designed for data centers, cryptocurrency mining, and high-performance computing applications.

Differentiator

Problem solved

Functional benefit

Brands

• AquaVent: Air-cooled heat exchangers product line including AVV, AVD, AVI, FC-AVI, AVF, and AVR models.
• Solanus
• Omni-Chill
• CleanLOOP
• OpenLOOP
• ExoShed
• CyClean

Products and services

• AquaVent AVV EvapAssist Hybrid Cooler High-efficiency hybrid air-cooled heat exchanger with variable-speed fans and evaporation trim cooling technology for industrial process cooling applications.
• AquaVent AVD V-Bank Dry Cooler High-efficiency V-bank air-cooled heat exchanger with variable speed fans for industrial cooling applications, providing zero water usage and no water treatment requirements.
• AquaVent AVI Air-Cooled Heat Exchanger Air-cooled heat exchanger for fluid temperatures above 90°F with zero water usage and no water treatment requirements.
• AquaVent FC-AVI Free Cooler Free cooler series utilizing ambient air temperatures to reduce energy consumption in cooling operations.
• AquaVent AVF Air-Cooled Heat Exchanger Air-cooled heat exchanger providing zero water usage and no water treatment requirements.
• AquaVent AVR Air-Cooled Heat Exchanger Air-cooled heat exchanger designed for vacuum furnace cooling systems and high-performance computing applications.
• Solanus SQC Quench Cooler Air-cooled quench cooler for metal treating processes, available in single fan to multi-fan configurations up to 6 meters in length.
• LS Series Spot Cooler Localized air-cooled fluid cooler for spot cooling applications in industrial settings.
• LSX Series Spot Cooler Extended capacity spot cooler for cooling small vacuum furnaces and similar industrial applications.
• FGCT Series Fiberglass Evaporative Cooling Tower Fiberglass counterflow evaporative cooling tower for fluid temperatures of 85-100°F with low capital cost and small footprint.
• MW Series Closed-Circuit Evaporative Cooling Tower Closed-circuit evaporative cooling tower providing efficient cooling for industrial processes.
• Omni-Chill PAC Series Chiller Mechanical chiller capable of delivering coldest fluids for process temperatures of 50-80°F as a single point installation complete solution.
• Omni-Chill PWC-SW Series Chiller Mechanical chiller providing cold fluid delivery for industrial process cooling applications.
• CleanLOOP CX Series Pump Station Robust closed-loop system for circulating treated water through facilities, protecting equipment from corrosion and scaling.
• CleanLOOP HY Series Hydronic Pump Station Packaged pressurized closed-loop system for circulating treated water through facilities.
• CleanLOOP NF Series Non-Ferrous Pump Station Packaged closed-loop system for circulating low-conductivity fluid through sensitive equipment.
• CleanLOOP WVF Series Waterfall Pump Station Closed-loop system with an elevated non-pressurized tank for industrial fluid circulation.
• OpenLOOP HC Series Pump Station Pump station for circulating evaporative tower water through facilities with open loop design.
• OpenLOOP RS Series Remote Sump Pump Station Remote sump pump station for evaporative tower water circulation.
• OpenLOOP QLP Series Pump Station Pump station for tower water and industrial fluid handling applications.
• ExoShed Outdoor Mechanical Room Outdoor enclosure for pumps, boilers, heat exchangers, makeup units, filtration, and controls to preserve factory floor space.
• ThermoFlow Plate Heat Exchanger Plate and frame heat exchanger for efficient thermal transfer in cooling systems.
• CyClean Centrifugal Separator Solids separator that removes 98% of suspended solids from cooling tower water using centrifugal force with zero water discharge.
• Stainless Steel Bag Filters Stainless steel filtration units for removing contaminants from cooling systems.
• Controls Control systems for managing and monitoring industrial cooling equipment.
• Water Treatment Water treatment solutions for industrial cooling systems.
• Emergency Power Loss Backup Pump Backup pump system for maintaining cooling during power loss situations.
• Centrifugal Pumps Industrial centrifugal pumps for cooling system fluid circulation.
• Air-Cooled Immersion Cooling System Direct liquid-to-air cooling system for data centers, cryptocurrency mining, and high-performance computing applications.

Quantifiable outcome

• Zero water usage and no water treatment required for air-cooled heat exchangers
• +2 more outcomes

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• EVAPCO: One of the world's largest manufacturers of evaporative cooling towers, closed-circuit coolers, and ice thermal storage. Directly comparable product overlap with Dry Coolers' cooling tower and air-cooled heat exchanger lines, serving many of the same industrial and HVAC end customers.
• Baltimore Aircoil Company (BAC): Global manufacturer of evaporative cooling towers, adiabatic coolers, condensers, and ice thermal storage. Competes head-to-head with Dry Coolers in industrial process cooling, with overlapping customer base in metal treating, data centers, and manufacturing.
• SPX Cooling Technologies: Manufacturer of evaporative, air-cooled, and dry cooling equipment under Marley, Recold, and VXI brands. Closely comparable to Dry Coolers' full-spectrum cooling portfolio and shares the industrial-process and HVAC customer base.
• Kelvion: Specialist in industrial heat exchangers including plate, shell-and-tube, and air-cooled units. Closely comparable to Dry Coolers' AquaVent air-cooled and ThermoFlow plate heat exchanger product lines, with strong overlap in process cooling applications.
• Hamon: Engineering and manufacturing group with a significant cooling-tower and heat-exchanger business (Hamon Research-Cottrell). Overlaps directly with Dry Coolers' cooling tower and heat transfer product lines for power, refining, and industrial customers.
• API Heat Transfer (BSI): Manufacturer of industrial heat exchangers, plate heat exchangers, and cooling solutions. Closely comparable to Dry Coolers on the heat-transfer equipment side, with overlapping industrial process-cooling customers.

Broad incumbents

• Trane Technologies: Global HVAC and thermal-management major offering chillers, air-handling, and process cooling under the Trane and Thermo King brands. Competes with Dry Coolers on the chiller and air-cooled product side for industrial and data-center customers, but at substantially greater scale and as part of a much broader portfolio.
• Carrier Global: Global HVAC and refrigeration major with industrial chiller, cooling-tower, and heat-exchanger offerings (Carrier, Trane legacy B2B). Overlaps with Dry Coolers' chiller and process-cooling lines, but as part of a much broader commercial and industrial portfolio.
• Xylem: Global water-technology major whose Bell & Gossett and Standard Xchange units serve industrial process cooling with pumps and heat exchangers. Overlaps with Dry Coolers' CleanLOOP/OpenLOOP pump stations and heat-transfer equipment, but from a far broader water-infrastructure platform.
• Alfa Laval: Global specialist in heat transfer, separation, and fluid handling with a large plate-heat-exchanger portfolio. Closely comparable to Dry Coolers' ThermoFlow plate heat exchanger and broader process-cooling offering, though Alfa Laval is significantly larger and more diversified across process industries.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/drycoolers
• LinkedInlinkedin.com/company/dry-coolers-inc

Compliance4 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 Dry Coolers