Spinnaker Industries

What Spinnaker Industries does

Spinnaker Industries Inc. is a privately held North American manufacturer of custom HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) equipment, founded in 1983 and headquartered in Newmarket, Ontario, Canada, with a second manufacturing facility in Louisville, Kentucky. The combined 85,000 square feet of floor space is equipped with CNC precision equipment and an in-house paint system supporting both liquid and powder finishes across materials ranging from 0.030" to 0.250" steel, stainless steel, and aluminum. The company's product portfolio spans custom air handling units (CAHU), packaged multizone rooftop units (SRMZ), 100% dedicated outside air systems (SPOAU), water source heat pumps in multiple tonnage classes, vertical and horizontal air-cooled air conditioners (3-50 ton), water-cooled air conditioners (5-50 ton), and a comprehensive Rotary Energy Recovery Ventilator family (RERV, RERVX, RERVLP, RERVHC) plus a deep line of accessories such as roof curbs, diffusers, economizers, and filter racks. Notable proprietary technology includes the patented Cliplock Knockdown Roof Curb that assembles in under 5 minutes without tools.

The company's go-to-market is sales-led B2B, with direct engagement of OEM manufacturers, consulting engineers, contractors, and end users through a sales team, toll-free contact lines, and downloadable product catalogues and brochures. Pricing is custom quotation-based with no publicly disclosed price list, and contracts are structured as multi-year arrangements. Revenue is generated through one-time hardware sales of custom-manufactured equipment. Customer relationships are long-tenured and span multiple industries: HVAC OEMs (Lennox Industries, Carrier, Trane, York International), electronics manufacturers (Panasonic, Mitsubishi Electric), automotive (Chrysler Canada), retail (Walmart, Canadian Tire, Lowes), and airlines (Air Canada for custom Air Turnover Systems and Multizone Seneca units). The company is North American owned and operated, with no disclosed parent company, institutional investors, or venture financing.

Name

Spinnaker Industries

Legal name

Spinnaker Industries Inc.

Website

https://spinnakerindustries.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

51–100 employees

Short description

Spinnaker Industries is a North American HVACR equipment manufacturer founded in 1983, operating two manufacturing facilities in Canada and the US to produce custom air handling units, energy recovery ventilators, and HVAC accessories for OEM manufacturers, contractors, and commercial building customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Newmarket

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVACR Equipment Manufacturing and Sales: Spinnaker Industries generates revenue through the manufacturing and direct sale of HVACR equipment and accessories. The company produces a comprehensive range of products including air conditioners (5-50 ton), rotary energy recovery ventilators, custom air handling units, water source heat pumps, multizone units, and related accessories. Revenue is generated through one-time hardware sales with custom project capabilities for specialized requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Spinnaker Industries manufactures custom and standard HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) equipment including rotary energy recovery ventilators, custom air handling units, packaged rooftop multizone units, water source heat pumps, and dedicated outside air systems, with capacities from 3/4 ton to 50 tons and airflow from 250 to 20,000 CFM. The company also produces a broad accessory line of roof curbs, curb adapters, diffusers, economizers, dampers, filter racks, screening systems, and security products. Manufacturing is performed at two North American facilities totaling 85,000 sq ft using CNC equipment, with in-house liquid and powder painting capabilities and materials handling from .030" to .250" thickness steel, stainless steel, and aluminum.

Product overview

Spinnaker Industries is an HVACR equipment manufacturer with a diverse portfolio of products organized into core equipment categories and accessories. The core products include Custom Air Handling Units (CAHU), Packaged Rooftop Multizone Units (SRMZ Series), 100% Dedicated Outside Air Systems (SPOAU Series), Water Source Heat Pumps in various capacities (EWV/EWH and SWV/SWH Series), Rooftop Water Source Heat Pumps (RTWSHP), Vertical and Horizontal Air Cooled Air Conditioners (SPVAC/SPHAC), Water Cooled Air Conditioners (SPVWC), and multiple Rotary Energy Recovery Ventilator variants (RERV, RERVX, RERVLP, RERVHC Series). The accessory portfolio includes screening systems, roof curbs and adapters, diffusers, economizers, dampers, filter systems, power exhaust units, and security products. The company also offers custom project capabilities for specialized HVACR solutions and provides modular storage partitioning systems. Products are designed for commercial, institutional, and residential applications with capacities ranging from fractional tons to 50+ tons and airflow from 250 to 20,000+ CFM.

Differentiator

Problem solved

Functional benefit

Products and services

• CAHU - Custom Air Handling Units Custom air handling systems designed to individual specifications featuring heavy gauge panel wall construction, welded structural steel base frames, TEFC motors, blower sections, hinged gasketed access doors, filter sections, 8x8 inspection windows, 2" double wall construction, insulated double skinned floor, and a separated electrical compartment, with optional cooling/heating coils or rotary energy recovery wheels. For commercial and institutional buildings requiring engineered-to-order air handling.
• SRMZ Series - Packaged Rooftop Multizone Units Factory assembled, wired, and tested rooftop multizone units with solid state DDC controls, available with gas, electric, hot water, or steam heat and chilled water cooling or self-contained modulating DX cooling in 17.5 to 43 ton cooling capacities. For commercial buildings needing multi-zone climate control from a single packaged rooftop unit.
• SPOAU Series - Packaged 100% Dedicated Outside Air Systems Complete heat/cool single package or split systems with solid state DDC onboard controls featuring modulating DX cooling with scroll compressor technology, in 600 to 5400 CFM capacities. For applications requiring 100% outdoor air handling with integrated conditioning.
• SWV/SWH Series - Water Source Heat Pumps & Air Conditioners (6-10 Ton) Vertical and horizontal water source heat pumps and air conditioners with onboard microprocessor control, scroll compressors, and belt drive forward curve DWDI centrifugal blowers in 6 to 10 ton capacities using 410A refrigerant. For commercial buildings using water as the heat exchange medium.
• EWV/EWH Series - Water Source Heat Pumps & Air Conditioners (3/4 to 5 Ton) Vertical and horizontal water source heat pumps with rotary or reciprocating compressors and multi-speed direct drive blower motor in 3/4 to 5 ton capacities using 410A refrigerant. For smaller commercial water source heat pump applications.
• RTWSHP - Rooftop Water Source Heat Pump Complete water source heating/cooling packages or split systems with scroll 410A compressors mounted on rubber isolators, featuring single or dual refrigeration circuits in 5 to 30 ton standard sizes. For rooftop water source heat pump installations.
• SPVAC - Vertical Indoor Air Cooled Air Conditioners Vertical self-contained air conditioning packages for indoor, through-the-wall installation for high rise and single story building applications in 3 to 25 ton capacities. For buildings requiring indoor vertical split air conditioners.
• SPHAC - Horizontal Indoor Splitable Air Cooled Air Conditioners Horizontal ductable air conditioning packages for indoor, through-the-wall installations suitable for high rise and low rise building applications in 3 to 15 ton capacities. For buildings needing horizontal indoor split air conditioning.
• SPVWC - Vertical Water Cooled Air Conditioners Vertical self-contained air conditioning packages for indoor floor mounted installations on high rise and single story building applications in 5 to 50 ton capacities. For high-capacity water-cooled air conditioning in buildings.
• RERV Series - Rotary Energy Recovery Ventilators Rotary energy recovery ventilators for ventilation applications that reduce initial HVAC investment and operating costs, using ARI certified 4 angstrom molecular sieve desiccant wheel technology with fluted design and adjustable purge sector, DWDI centrifugal blowers, TEFC motors, hinged gasketed access doors with stainless steel latches, 30% efficient pleated filters, internal foil faced insulation, double skinned insulated floor, and powder coat paint finish, in 250 to 20,000 CFM sizes.
• RERVX Series - Extended Cabinet Rotary Energy Recovery Ventilators Extended cabinet rotary energy recovery ventilators with added cooling/heating coils, natural gas reheat, or wrap around heat pipes, featuring DWDI centrifugal blowers and TEFC motors in 250 to 20,000 CFM capacities. For installations requiring integrated conditioning beyond basic energy recovery.
• RERVLP Series - Low Profile Indoor Rotary Energy Recovery Ventilators Low profile ceiling mount rotary energy recovery ventilators for classrooms or attic installations featuring adjustable V belt drives and heavy gauge galvanized steel cabinet internally lined with foil faced insulation, in 500 to 3,300 CFM capacities.
• RERVHC Series - Rotary Energy Recovery Ventilators with Integrated Heating and Cooling Self-contained single package units combining desiccant rotary energy recovery wheel with supplemental heating and cooling, preconditioning outdoor air through the energy wheel, in 1,000 to 13,000 CFM capacities. For applications needing single-package DOAS-style energy recovery with conditioning.
• Air Rotation Systems Systems for large open space buildings that continuously circulate air to reduce air stratification, drawing coldest air at floor level and distributing heated or cooled air through drum louver discharge heads. For warehouses, industrial spaces, and large commercial interiors.
• Replacement Heat Pumps & Air Conditioners Quality replacement heat pumps and air conditioners for new construction, replacement, and renovation applications suitable for hotels, motels, institutional facilities, commercial buildings, and healthcare facilities.
• Cliplock 1000 Knockdown Roof Curb Original patented roof curb that assembles in less than 5 minutes without tools, manufactured of heavy gauge galvanized steel with factory installed wood nailer strips, available in 14", 18" and 24" standard heights.
• Roof Curb Adapters Cost-effective roof curb adapters for replacing older rooftop packaged units, shipped fully assembled and insulated with continuously welded seams and a 48-hour quick ship program available.
• Screening Systems - Rooftop Equipment Screening Rooftop equipment screening systems for concealment of equipment to meet building codes or design guidelines, available in corrugated and louvered panel versions designed for wind loading and seismic forces up to 225 MPH.
• Wall Bracket & Burglar Bar Assemblies Heavy gauge welded steel wall bracket kits for mounting residential condensing units directly to outside walls, available in steel with enamel finish or lightweight aluminum.
• Diffuser Head Assemblies Supply air diffuser heads available in various styles with adjustable drum louvers or double deflection adjustable grilles, with stainless steel and aluminum construction options for corrosive environments, in 5 to 30 ton sizes.
• Isolation Head Assemblies One piece heavy gauge steel construction isolation curb assemblies with 1" or 2" deflection models, featuring corrosion resistive steel springs with neoprene coated acoustic cups and factory installed flex duct connectors.
• Filter Racks & Cabinets Standard size filter racks and cabinets suited for 1" or 2" thick filters, manufactured of galvanized steel with duct connection flange, available with enamel paint finish for outdoor installations, with depths up to 6" and efficiencies to 60%.
• Modulating Economizers Down flow or horizontal configuration modulating economizers with positive position damper linkage, stainless steel side seal on outdoor damper, and powder coat paint finish exterior cabinet.
• Zone Dampers Square, rectangular, or round zone dampers with positive position damper linkage and opposed blade action for superior control, available with factory installed actuators and controllers.
• Combination Supply/Return Diffusers Flush and step down diffuser assemblies with fixed 4-way pattern supply diffuser, aluminum egg crate core return air grille, full cabinet with internal insulation, in 2 to 30 ton sizes.
• Centrifugal Power Exhaust Down flow and horizontal centrifugal power exhaust assemblies with DWDI centrifugal blowers, TEFC motors, and gasketed access doors designed for up to 75% of nominal unit air flow, upgradeable to 100%.
• Welded Roof Curbs Heavy gauge galvanized steel welded roof curbs with continuously liquid welded seams for superior water leak protection and structural integrity, with 12" standard height.
• Plenum Curbs Heavy gauge galvanized steel plenum curbs with continuously welded seams and internal insulation to reduce noise, with turning vanes in horizontal supply air sections.
• Burglar/Security Bars Heavy gauge steel frame and round bar assemblies welded in place for security, typically installed in duct openings of roof curbs with standard 1/2" diameter round bars.
• Snow Guards Snow guards designed to protect outdoor condensing units from extreme weather conditions where freezing rain and snow accumulate, preventing condenser fan damage.
• Modular Welded Wire Partition Systems Prefabricated all-welded interchangeable component partition systems for security and storage applications, offering total versatility with easy alterations and additions.
• Enclosures Replacement enclosures for older building heating and air conditioning units, manufactured in galvanized steel, stainless steel, or aluminum with powder coat finishes in standard or custom colors.
• Custom Projects Custom HVACR product manufacturing service including custom air handlers, evaporators, screens, HRV cores, multizone units, louvered penthouses, split RERV systems, and stainless steel AC units for specialized applications. Includes projects such as Air Turnover systems and Multizone Seneca units for Air Canada.

Quantifiable outcome

• RERV units reduce initial investment in HVAC equipment and reduce energy consumption and operating costs
• +1 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered major and moderate.

• Lennox IndustriesmajorChannel Partner/ Reseller/ DistributorLennox Industries is listed as a key customer of Spinnaker Industries, utilizing Spinnaker's fabricating capabilities for raw parts punched or formed to specific criteria as well as fully assembled products.
• CarriermajorChannel Partner/ Reseller/ DistributorCarrier is listed as a key customer of Spinnaker Industries, utilizing Spinnaker's fabricating capabilities for parts and components.
• TranemajorChannel Partner/ Reseller/ DistributorTrane is listed as a key customer of Spinnaker Industries, utilizing Spinnaker's fabrication services.
• York InternationalmajorChannel Partner/ Reseller/ DistributorYork International is listed as a key customer of Spinnaker Industries.
• PanasonicmoderateChannel Partner/ Reseller/ DistributorPanasonic is listed as a customer of Spinnaker Industries.
• Mitsubishi ElectricmoderateChannel Partner/ Reseller/ DistributorMitsubishi Electric is listed as a customer of Spinnaker Industries.
• Chrysler CanadamoderateChannel Partner/ Reseller/ DistributorChrysler Canada is listed as a customer of Spinnaker Industries for fabrication requirements.
• WalmartmoderateChannel Partner/ Reseller/ DistributorWalmart is listed as a customer of Spinnaker Industries for fabrication requirements.
• Canadian TiremoderateChannel Partner/ Reseller/ DistributorCanadian Tire is listed as a customer of Spinnaker Industries.
• LowesmoderateChannel Partner/ Reseller/ DistributorLowes is listed as a customer of Spinnaker Industries.

Scale indicators3 records

Recent moves4 records

Expansion highlights6 records

Market position

Competitive moat4 records

Customer concentration

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 Spinnaker Industries