Coolaire Consolidated

What Coolaire Consolidated does

Coolaire Consolidated Inc. is a Philippine family-owned industrial manufacturer specializing in temperature-controlled transport and storage solutions for the cold chain sector. Founded in 1969 by engineer Filadelfo Tugade Jr. and now in its third generation of family leadership (President Joel Ryan E. Tugade and Vice President Patrick Joseph E. Tugade), the company designs and builds refrigerated vans and trucks, insulated fiberglass bodies, cold storage units (stationary and mobile), and vehicle air conditioning systems. Its proprietary refrigeration technology is capable of reaching -70°C for pharmaceutical applications, and its fiberglass body design weighs 50% lighter than aluminum alternatives, enabling higher payload capacity. Coolaire operates a manufacturing plant in Bulacan — the company's largest facility with nearly 300 employees, powered ~70% by solar — alongside business centers in Quezon City, Cavite, Mandaue (Cebu), Cagayan de Oro, and Davao, supported by a service network spanning from Pagudpud, Ilocos Norte to General Santos City.

The company's product portfolio spans core hardware (truck refrigeration systems, fiberglass insulated and dry vans, cold storage, and PUV/cab air conditioning models CCI-RT100, CCI-RT6, Supercool Dual Aircon) plus after-sales services including preventive maintenance, repair, body and collision work, and customer training. Coolaire holds ISO 9001:2015 certification — the first and only Philippine refrigerated van manufacturer with this accreditation — and is the sole Philippine cold chain logistics company with Triple A NMIS accreditation for meat transport. It maintains OEM-embedded partnerships with major vehicle manufacturers including Isuzu, JMC, Fuso, Volkswagen Philippines, and THACO Auto, embedding its refrigeration systems directly into chassis supplied by these OEMs. The company is a founding member of the UN SDG Stakeholders Chamber and was recognized at the 2024 ASEAN Business and Investment Summit.

Coolaire generates revenue primarily through quote-based hardware sales (refrigerated vans priced at approximately PHP 2.49 million per unit to government customers), after-sales service contracts, and an emerging leasing channel through its 2025 partnership with SB Rental (Security Bank's operating lease arm) designed to address the upfront capital barriers facing SME customers. Its go-to-market combines enterprise field sales, OEM-embedded distribution through chassis manufacturers, channel partners (BJ Mercantile, Isuzu Pasig), and a growing direct-to-SME leasing motion. Customer mix spans food and beverage enterprises (Yakult Philippines, Mary Grace Foods, Pampanga's Best, Zeñarosa Food Corp.), logistics operators, government agencies (PFDA, BFAR, Department of Agriculture), pharmaceutical and healthcare distributors, and SME fleets nationwide.

Name

Coolaire Consolidated

Legal name

Coolaire Consolidated, Inc.

Website

https://www.coolaireconsolidated.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

Coolaire Consolidated, Inc. supplies refrigeration, insulated vans, and air conditioning for commercial and industrial cold chain needs.

Ownership category

akta.pro rank

Product category

Commercial Refrigeration and Cold Chain Equipment

NAICS

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), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Automotive Air Distribution & Ventilation Components (Blower Motors/Ducts/Vents/Cabin Filters) (IMACALAF)

akta.pro secondary industry

Automotive Exterior Body Panels & Closures Manufacturing (Bumpers/Fenders/Hoods/Doors/Tailgates) (IMACAKAD)

Keywords

• Refrigerated transport vehicles
• Cold chain logistics
• Fiberglass truck bodies
• Vehicle air conditioning
• Cold storage solutions

Headquarters

HQ city

Quezon City

HQ country

Philippines

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Refrigerated Van and Truck Sales: Sale of complete refrigerated trucks and vans, including refrigeration unit, fiberglass body, and chassis. Customized solutions based on client requirements. Revenue recognized at point of sale for each unit.
2. Fiberglass Body Sales: Sale of imported and locally manufactured fiberglass bodies for truck refrigeration, including insulated vans and dry vans. Bodies can be mounted on various truck chassis.
3. Cold Storage Equipment and Panels: Sale of stationary and mobile cold storage equipment and panels for commercial and industrial use.
4. Air Conditioning Systems: Sale of rooftop air conditioners, cab air conditioners, PUV air conditioning systems (CCI-RT100, CCI-RT6, Supercool Dual Aircon) for vehicles including modern jeepneys and public utility vehicles.
5. After-Sales Service and Repair: Refrigeration and AC unit repair, body and collision repair services provided at business centers nationwide. Revenue from service labor, spare parts, and maintenance contracts.
6. Preventive Maintenance Services: Preventive maintenance services for refrigerated trucks and vans. Free PMS offered within one year of purchase; paid services thereafter.
7. Training and Seminars: Training services provided to customers on proper operation and maintenance of refrigerated equipment.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

Coolaire Consolidated Inc. manufactures and sells refrigerated vans and trucks, fiberglass insulated and dry van bodies, stationary and mobile cold storage units, and vehicle air conditioning systems (PUV Aircon CCI-RT100, Roof-Mounted Aircon CCI-RT6, Supercool Dual Aircon, Cab Aircon). The company complements its hardware sales with nationwide after-sales services including preventive maintenance, refrigeration and AC unit repair, body and collision repair, and customer training seminars.

Product overview

Coolaire Consolidated Inc. offers a comprehensive portfolio of temperature-controlled solutions for the Philippines market. The core offerings center on Truck Refrigeration Systems (refrigerated vans for frozen and chilled goods transport) and Fiberglass Bodies (lightweight insulated and dry vans). These integrate with Cold Storage solutions (stationary and mobile units) and Air Conditioning systems for vehicles (PUV Aircon CCI-RT100, Roof-Mounted Aircon CCI-RT6, Supercool Dual Aircon, Cab Aircon). Supporting services include Preventive Maintenance, Refrigeration/AC Repair, Body and Collision Repair, and Training. The company serves food, pharmaceutical, and logistics industries with products ranging from compact (The Cube mini van) to full-size refrigerated trucks. All products are backed by nationwide after-sales service centers.

Differentiator

Problem solved

Functional benefit

Brands

• JRT Foundation Inc. The charitable arm of Coolaire Consolidated Inc., established to formalize the company's commitment to community building, quality education, and environmental sustainability through programs aligned with UN Sustainable Development Goals.

Products and services

• Truck Refrigeration System

Quantifiable outcome

• 100% increase in demand for frozen and chilled goods during October to December peak season
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

18 partnerships are on record, tiered minor and core.

• UP Engineering Research & Development Foundation Inc. (UP ERDFI) and UP Diliman College of EngineeringminorStrategic or Co-development Partner · 20 May 2026JRT Foundation signed MOA with UP ERDFI and UP COE for educational scholarship for deserving students, honoring late Jerry R. Tugade (BS ME 1979, Outstanding Mechanical Engineering Alumnus 2002). Includes potential for OJT opportunities and research funding for sustainable engineering solutions.
• THACO AutocoreStrategic or Co-development Partner · 8 May 2026First truck turnover with Vietnamese truck brand THACO Auto and distributor BJ Mercantile Inc. Showcased a Coolaire-customized Thaco Linker T2-16 featuring diesel-powered transport refrigeration system, fiberglass body, ProView 360° camera, and robust insulation. Partnership formalizes long-standing relationship with BJ Mercantile.
• Gokongwei Brothers Foundation (through Iskolar ni Juan Tech Voc Program)minorStrategic or Co-development Partner · 14 October 2025JRT Foundation partner for TIKYO Scholarship Program, supporting education and empowerment initiatives through the Iskolar ni Juan Tech Voc Program.
• Akioshi Insurance Services and ConsultancyminorStrategic or Co-development Partner · 14 October 2025JRT Foundation partner supporting education, empowerment, and sustainability programs for the TIKYO Scholarship.
• Philippine Chamber of Commerce and Industry (PCCI) SDG CommitteeminorStrategic or Co-development Partner · 11 September 2025Coolaire supported and was institutional sponsor of the first-ever SDG Effectiveness Summit held at Dusit Thani Manila. Active participant in SDG mainstreaming with government partners.
• SB Rental (Security Bank)coreStrategic or Co-development Partner · 9 June 2025Co-marketing initiative to help Filipino SMEs access refrigerated trucks through flexible operating lease options without full upfront costs. Customizable lease structure launched at contract signing with Security Bank executives and Coolaire leadership present.
• BJ Mercantile Inc.coreChannel Partner/ Reseller/ Distributor · 25 March 2025Long-standing distributor utilizing Coolaire refrigeration products for multiple brands including Ashok Leyland and Fuso. Formalized partnership with THACO Auto through Coolaire. VP Leilani Lim-Tan cited Coolaire's reliability, durability, and after-sales service strength as driver of partnership.
• Volkswagen Philippines (MAN Automotive Concessionaires Corporation)coreStrategic or Co-development Partner · 20 March 2025Partnership to launch the Volkswagen Delivery 9.170 equipped with Coolaire's refrigerated van. Aims to provide businesses with efficient, reliable, and cost-effective refrigerated transport solution for food, pharmaceutical, and logistics sectors. Contract signing attended by Coolaire President Joel Ryan E. Tugade, VP Patrick Joseph E. Tugade, and MACC GM Rarri Lu.
• United Nations Development Programme (UNDP) and Global Reporting Initiative (GRI)minorStrategic or Co-development Partner · 1 January 2025Coolaire active in private sector efforts for SDG mainstreaming through partnerships and event participations with UNDP and GRI.
• Asian Institute of Management (AIM)minorStrategic or Co-development Partner · 1 January 2025Employees enrolled in AIM courses on Design Thinking and Project Management as part of 1,800 training hours completed in 2025.
• Philippine Welding SocietyminorStrategic or Co-development Partner · 1 January 2025Partnership for welding enhancement programs as part of technical training for employees.
• Isuzu PasigcoreChannel Partner/ Reseller/ Distributor · 1 August 2024Celebrating a decade-long partnership providing refrigerated solutions through Isuzu truck dealer network. Decades of collaboration for vehicle quality and comfort.
• Scholars of Sustenance (SOS)minorStrategic or Co-development Partner · 20 June 2024Collaboration with Scholars of Sustenance to tackle food waste and hunger in Taguig City through food rescue program. Coolaire refrigerated vans used to transport rescued food to vulnerable populations.
• Philippine Chamber of Commerce and Industry (PCCI)minorStrategic or Co-development Partner · 23 April 2024Sponsored Karunungang Pangkabuhayan Pangkababaihan project empowering 150 women with haircutting skills and health education, aligned with multiple SDGs.
• Sojitz Fuso PhilippinesminorChannel Partner/ Reseller/ Distributor · 7 July 2022Fuso showcased modern jeepneys with Coolaire air conditioning systems at the Manila Commercial Vehicle Show. Supports government PUV Modernization Program.
• Bureau of Fisheries and Aquatic Resources (BFAR-7)minorChannel Partner/ Reseller/ Distributor · 27 August 2021BFAR-7 acquired two Coolaire reefer vans (PHP2.49 million each) for BFAR on Wheels program to transport marine products and support fisherfolk/MSMEs. Part of Department of Agriculture's KADIWA program.
• JMC (Jiangling Motors Corporation)coreStrategic or Co-development PartnerPartnership spanning years to manufacture vehicles ensuring quality and comfort. Combined 120+ years of experience (Coolaire 50+ years + JMC 70+ years) in manufacturing refrigerated trucks. JMC truck engines work perfectly with Coolaire refrigerated vans.
• Philippine Fisheries Development Authority (PFDA)minorChannel Partner/ Reseller/ DistributorPFDA deployed 15 Coolaire refrigerated trucks with 1.6-ton capacity each as part of isDA On The Go (iOTG) project to distribute affordable fish in Metro Manila. Each truck equipped with high-powered cooling system, emergency button, and reverse camera.

Scale indicators11 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Thermo King (Trane Technologies): Global leader in transport refrigeration units for trucks, trailers, and vans — the international benchmark Coolaire explicitly positions against. Competes head-to-head for OEM slots on Isuzu, Fuso, JMC-class chassis in the Philippines and ASEAN.
• Carrier Transicold: Major global transport refrigeration competitor with deep OEM relationships across commercial vehicle manufacturers. Comparable in offering complete transport refrigeration systems for chilled and frozen applications, including pharma-grade capability.
• Zanotti S.p.A. Italian manufacturer of transport refrigeration units for small to medium commercial vehicles, with a focus on light commercial vans and truck refrigeration — directly overlapping Coolaire's refrigerated van product line.
• Webasto: Supplies vehicle thermal management including transport refrigeration and rooftop/bus AC systems. Comparable as a vehicle AC and refrigeration OEM partner for commercial vehicle manufacturers in similar emerging-market contexts.

Broad incumbents

• Mitsubishi Heavy Industries Thermal Systems: Broader HVAC and refrigeration portfolio including commercial and transport refrigeration under the Mitsubishi brand. Larger, diversified incumbent with capability overlap in transport cooling and broader industrial refrigeration, but not specializing in the Philippine refrigerated van niche.
• Daikin: Global HVAC and refrigeration major with strong Asia-Pacific presence. Overlaps Coolaire in commercial refrigeration equipment and AC manufacturing, but Daikin's portfolio is broad (residential, commercial, industrial) versus Coolaire's transport-specialized focus.
• Hoshizaki: Japanese commercial refrigeration and ice machine manufacturer with significant Asia footprint. Comparable in commercial cold-storage and refrigeration equipment manufacturing, though Hoshizaki is food-service-skewed rather than transport-focused.
• Sub-Zero Group: US-based commercial refrigeration manufacturer with strong brand in cold storage and food-service cooling. Comparable in commercial refrigeration and cold-storage equipment, though Sub-Zero is broader portfolio rather than transport-van specialized.

Emerging players

• Hubbard Products: UK-based manufacturer of transport refrigeration systems, including ultra-low temperature units for pharmaceutical transport. Comparable in pharma-grade and commercial vehicle refrigeration capability, though smaller and geographically focused on Europe.
• Koller Group: Austrian manufacturer of refrigerated truck and trailer bodies with integrated refrigeration. Comparable as an integrated refrigerated body + cooling unit supplier, though smaller-scale and Europe-focused versus Coolaire's Philippine dominance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CoolaireConsolidatedInc
• Instagraminstagram.com/coolaireph
• Xx.com/coolairecon
• LinkedInlinkedin.com/company/coolaire-consolidated-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Coolaire Consolidated