What Nooter/Eriksen does

Nooter/Eriksen designs and manufactures thermal equipment and provides specialty construction services for the global energy and industrial infrastructure sectors. The company's core products include heat recovery steam generators (HRSGs), fired boilers, biomass and waste-to-energy boilers, enhanced oil recovery steam generators, LLTE economizers, and concentrated solar power receivers — all custom-engineered thermal solutions for power generation, oil and gas, petrochemical, and refining applications. Through its NEXT Cooling brand (operating in Switzerland, South Africa, India, Australia, and Italy) and Wyatt Field Service and Delta Bundle Extraction subsidiaries (operating under parent CIC Group), the company delivers cooling towers (mechanical draft, natural draft, hybrid, bulk air, slurry/solution types), air cooled condensers with proprietary A-frame and single tube row designs, and comprehensive aftermarket services including refurbishment, performance restoration, and CFD analysis.

The business operates through project-based, custom-quoted contracts serving enterprise industrial buyers. Revenue derives from three streams: industrial construction and maintenance services (turnkey construction, turnarounds, capital projects, specialty welding), cooling technology product sales and installation, and thermal equipment manufacturing. Distribution runs through direct enterprise field sales via a network of 10+ US offices and international regional HQs, with project sizes ranging from 10,000 to 500,000 workhours. The company holds extensive certifications including ASME S/A/U/U2/PP stamps, National Board R stamp, API 653, CTI standards, and ISO 9001/14001/45001, maintaining an industry-leading EMR of 0.49 and executing over 1 million work hours annually. Founded in 1896 and acquired by CIC Group in 2003, the company leverages 125+ years of legacy and a union-trained multi-craft workforce as core competitive assets.

Marketing relies on enterprise direct sales supported by content marketing (educational guidebooks, blog content on turnarounds, welding automation, pressure vessels), LinkedIn thought leadership, and YouTube multimedia. Geographic footprint spans the United States, Italy, Switzerland, South Africa, India, Australia, and operates licensee networks in Calgary, Istanbul, Chennai, Monterrey, and Hangzhou. Customer concentration spans power generation, petrochemical and refining, oil and gas, sustainable energy, mining and minerals processing, advanced manufacturing, life sciences, utilities, and renewable energy, providing segment diversification though exposure to capital-project-driven lumpy revenue.

Name

Nooter/Eriksen

Legal name

Nooter/Eriksen Inc.

Website

https://cicgroup.com

Company type

Private

Founded year

1896

Operating status

Operating

Headcount range

251–500 employees

Short description

Nooter/Eriksen designs and manufactures thermal equipment — including heat recovery steam generators, fired boilers, waste-to-energy boilers, cooling towers, and air cooled condensers — for power generation, oil and gas, petrochemical, and industrial sectors globally, while providing turnkey construction, turnaround, specialty welding, and aftermarket services through its US offices and NEXT Cooling international operations.

Ownership category

akta.pro rank

Product category

Industrial Heat Transfer Equipment & Energy Infrastructure Construction

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Industrial Boilers, HRSGs & Steam Generators (IMAHAFAF)

akta.pro secondary industries

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Cooling, Water/Steam Cycle & Balance-of-Plant Retrofits (Condensers, Cooling Towers) (EUAEALAK)

Keywords

• Heat recovery steam generators
• Industrial cooling towers
• Waste-to-energy boilers
• Mechanical construction services
• Air cooled condensers

Headquarters

HQ city

Fenton

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Construction Services: Provides turnkey construction, turnarounds, capital projects, maintenance, and specialty welding services for energy and industrial sectors. Revenue is project-based, generated through contracts for construction, maintenance, and specialized industrial services.
2. Cooling Technology Products: Designs and supplies cooling towers, air cooled condensers, and aftermarket services globally. Revenue generated from equipment sales, installation, and ongoing aftermarket support contracts.
3. Thermal Equipment Manufacturing: Designs and constructs HRSGs, biomass/waste-to-energy boilers, fired boilers, and heat transfer equipment worldwide. Revenue from equipment manufacturing and related engineering services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nooter/Eriksen designs, engineers, and manufactures heat recovery steam generators (HRSGs), fired boilers, waste-to-energy and biomass boilers, enhanced oil recovery steam generators, low-low temperature economizers, and concentrated solar power receivers. Through its NEXT Cooling line it supplies field-erected cooling towers (mechanical draft, natural draft, hybrid, bulk air, slurry/solution) and A-frame air cooled condensers. The company also delivers aftermarket services including engineering inspections, replacement parts, refurbishment, and material upgrades for its installed base worldwide.

Product overview

Nooter/Eriksen, operating under CIC Group, offers a comprehensive portfolio of industrial energy equipment and construction services. The company is organized into distinct divisions: Nooter/Eriksen specializes in thermal design and heat transfer equipment (HRSGs, Fired Boilers, WTE/Biomass Boilers, Solar Power Receivers, and Aftermarket Services), Next Cooling provides cooling solutions (Cooling Towers, Air Cooled Condensers, and Aftermarket Services), Nooter delivers mechanical/electrical construction and specialty services (turnarounds, fabrication, welding, pipe fabrication), and Delta provides bundle extraction services. These divisions operate synergistically to deliver end-to-end solutions for power generation, oil and gas, refining, and industrial manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Heat Recovery Steam Generators (HRSGs) Capture waste heat from gas turbine exhaust and convert it into steam to drive steam turbines, maximizing thermal efficiency in combined-cycle power generation.
• Simple Cycle Systems Simple cycle power generation systems for direct power production without heat recovery, sold to power generation customers.
• Fired Boilers Custom-fired boilers for industrial steam and power generation applications, designed and fabricated to ASME Section I standards.
• Waste-to-Energy and Biomass Boilers Boilers designed to convert waste materials and biomass into energy through combustion processes for sustainable power generation.
• Enhanced Oil Recovery Steam Generators Steam generators specifically designed for enhanced oil recovery (EOR) applications in petroleum extraction operations.
• Low Low Temperature Economizers (LLTE) Economizer systems designed to extract additional heat from flue gases at low temperatures to improve boiler efficiency.
• Concentrated Solar Power Receivers Solar thermal receivers for concentrated solar power installations that convert solar energy into heat for power generation.
• Cooling Towers Field-erected cooling towers including Mechanical Draft, Natural Draft, Hybrid, Bulk Air Cooling, and Slurry/Solution Cooling types for power generation, oil and gas, mining, and industrial customers.
• Air Cooled Condensers ACCs featuring A-frame design and single tube-row configuration for direct steam condensation in power generation applications.
• Nooter/Eriksen Aftermarket Services Comprehensive aftermarket support including engineering inspections, replacement parts, design enhancements, and material upgrades for HRSGs and boilers.
• NEXT Cooling Aftermarket Services Refurbishment, upgrades, spare parts, and post-installation support including fill media, drift eliminators, spray systems, and fan mechanical components for cooling towers and ACCs.
• NE Water Solutions Environmentally-friendly water treatment solutions for industrial applications.
• Bundle Extraction Services Specialized heat exchanger bundle extraction services with 66-ton capacity and fleet of aerial and truck-mounted extractors for industrial plant maintenance.
• Turnarounds Comprehensive turnaround services for refineries, chemical plants, and power generation facilities including coke drum repair, FCCU maintenance, and exchanger bundle pulling.
• Mechanical Construction Turnkey mechanical construction services including HRSG erection, boiler installation, power and process piping, and specialty welding.
• Pipe Fabrication Custom fabrication services including pressure vessels, storage tanks, industrial boilers, and process piping with ASME code certifications.
• Specialty Welding Services Automated and semi-automated welding solutions including orbital welding, pipe ID overlay, and heavy-wall vessel cladding for industrial and energy customers.
• Electrical Services Electrical installation, maintenance, and repair services including power distribution, medium voltage, clean rooms, and EV charging station installation.
• Utility Services Emergency electrical restoration, damage assessment, and utility construction services up to 69kV with 24/7/365 emergency response capability.
• 3D Modeling / Virtual Design Construction Dynamic 3D modeling services using laser scanning for reality capture, clash detection, and construction documentation.
• Energy Efficiency Management Energy efficiency optimization services for sustainable power generation and industrial operations.

Quantifiable outcome

• Industry-leading EMR of 0.49 demonstrating superior safety performance
• +4 more outcomes

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

Four partnerships are on record, tiered core.

• ASCTI India (AS Cooling Technologies India Pvt Ltd)coreStrategic or Co-development PartnerASCTI India is a subsidiary and key partner in the Nooter/Eriksen/NEXT Cooling network, bringing local expertise and operations in the Indian market for cooling technology solutions.
• IWC (Industrial Water Cooling) South AfricacoreStrategic or Co-development PartnerIWC is the South African entity within the NEXT Cooling network, providing cooling tower and air cooled condenser solutions for Africa.
• NECA (National Electrical Contractors Association)coreStrategic or Co-development PartnerPartnership with NECA provides union-trained electrical workforce for Nooter's utility and electrical services operations.
• IBEW (International Brotherhood of Electrical Workers)coreStrategic or Co-development PartnerPartnership with IBEW provides access to skilled union electricians for electrical construction and utility services.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Babcock & Wilcox Enterprises: Babcock & Wilcox is a leading North American designer and manufacturer of utility and industrial boilers, HRSGs, and environmental systems. It directly competes with Nooter/Eriksen in the HRSG and power boiler market with overlapping ASME certifications, customer base (utilities and industrial), and aftermarket services.
• SPX Cooling Technologies: SPX Cooling Technologies (now rebranded under SPX Technologies) is a major global manufacturer of cooling towers, air cooled condensers, and evaporative cooling products. It directly competes with NEXT Cooling in mechanical and natural draft cooling towers serving power, refining, and industrial customers.
• Hamon & Cie: Hamon is a Belgium-based global supplier of cooling systems (Hamon Cooling) and heat exchangers (Hamon Thermal), serving power generation and industrial customers. It competes head-to-head with Nooter/Eriksen in HRSGs and with NEXT Cooling in cooling towers, particularly in Europe, MENA, and Africa.
• Vogt Power International: Vogt Power designs and manufactures HRSGs and heat recovery boilers for the combined-cycle and cogeneration markets, directly overlapping with Nooter/Eriksen's HRSG product line. It serves similar utility and industrial cogeneration customers across North America.
• Thermal Engineering International (TEi): TEi designs and manufactures heat transfer equipment including heat exchangers, condensers, and specialized pressure vessels for power generation and process industries. It is a direct peer to Nooter/Eriksen in custom heat transfer equipment serving similar utility and industrial customers.

Emerging players

• Chart Industries: Chart Industries designs and manufactures engineered cryogenic and heat transfer equipment, including brazed plate heat exchangers and process cooling systems used in power, petrochemical, and industrial applications. It is an emerging-adjacent peer in industrial heat transfer technology.

Regional players

• ATB Riva Calzoni: ATB Riva Calzoni is an Italian manufacturer of industrial boilers, heat exchangers, and pressure vessels serving European power generation and process industries. It overlaps with Nooter/Eriksen's Italian subsidiary in HRSG and boiler manufacturing for the European market.

Broad incumbents

• John Cockerill (formerly CMI Energy): John Cockerill, through its CMI Energy heritage, designs and supplies HRSGs, solar thermal receivers, and biomass boilers globally. It overlaps with Nooter/Eriksen's full thermal equipment portfolio and competes for combined-cycle, biomass, and concentrated solar power projects worldwide.
• Ebara Corporation (Elliott Group heritage): Ebara Corporation, through Elliott Group and other subsidiaries, designs and manufactures turbomachinery, heat exchangers, and process equipment for power and industrial markets. It is comparable to Nooter/Eriksen in serving power generation and refining customers with engineered thermal equipment.
• Wood Group (Amec Foster Wheeler heritage): Wood Group, through its heritage Amec Foster Wheeler business, has historic strength in utility boilers, HRSGs, and power plant EPC services. It competes with Nooter/Eriksen on large combined-cycle and industrial power projects as a broader engineering and project delivery incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@cicgroupinc8192
• LinkedInlinkedin.com/company/nooter-eriksen-inc-

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

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 Nooter/Eriksen