Gary. you, Thank
enterprise all through help change undergoing of company the to this years, year. departments AAON undergoing Over of a has the last have we as And significant same several recent has calls, the and this been refrigerant transition rates transformation. have some the on position Nearly targeting. the challenged nonresidential been the external At of data and addressed strong market sector degree time, factors operations. have to sustain at and slowing with equipment growth construction associated long-term metrics a demand consumed efficiency and center are the we continued
I margins at things how levels, the third to quarter considered, of at in could historically which been high be team executed not have and very level. year-to-date. has the we operations notion preconceived the are record, been prouder All my support able high The operating that a
Please turn X. to Slide
in Factoring a space. we that the team Year-to-date year, success quarters, collaboration up nearly testament of factors. up about level This with company that same emerging is million various compares market we data we total center in as period this bookings. across have to is October, center the this first player received integral X that XX% orders business.
The the data the AAON of have this is The a within spoken bookings in $XXX.X the center data equipment through and nearly to thus has of an As associated prominent in total of component. bookings. XXXX, data XX% to prominence of made worth the the the have market the in market far enterprise in showcases doubled center bookings AAON making had
overall Over the efficiency the practices last to we year, of integrate to the company of best leverage steps the and to have proficiencies business. divisions various taken and increase
who able strong, solution. it to our orders related engineering October long-lasting We to approach challenged to partnerships. were our our strive to addition, of customer received liquid highly end competencies. really process day, the relationships this critical success. and the industry this competitive bidding AAON's to engineering create down were for and The been customer-centric has solution cooling value unique team. solutions-based and design to At superior custom-designed AAON's orders the and the of in The came is most In manufacture highlights a ideal is we customer. these
Please to Slide turn X.
our early cycle cloud is of and in component critical The center received we capacity by center Supported visibility the high stages the overall customer artificial and to intelligence demand growing of execution a confidence date multiyear capital data into related is strong represent expanding construction in production that the the growth by Another to detailed market our data computing The and plans, to our orders pipeline relationships is to fraction opportunity. demand. a meet of demand. of sustainable market invested high. driven
customers their to committed appropriately. risks increasing balancing demands production our same our are in our by at meeting We while capabilities, time, the
This projects. year, we expansion two have significant capacity been managing
expanded square The There, first in has XX%. the segment Oregon. been in by Redmond, our BASX footage approximately we
of the capacity layout added production and We time the existing production at footprint, which the efficiencies. also to lead new in much has reconfigured all will of adding same while manufacturing equipment, greater
Texas Products the expanding our approximately our we Longview, at footage are segment at facility, Coil where exists project expansion second The square by AAON XX%.
commence early We built this year associated our XXXX. the to Longview equipment by complete will $XXX.X project in The facility. within in are the with October on million of this received of be production expansion to orders worth we with schedule that end
In two XXX,XXX projects in production in foot addition accommodate Memphis, to Tennessee. agreement This the of facility largely locations, expansion acquire will entered a investment have we equipment. new center these definitive into square to a data incremental
and location. up geographic same provides of center manufacture that further location, We more this will, some help needs serve turn, this space At that at time, delaying our free customers. will data additional which Tulsa, Tulsa in any better expansion diversification, also currently in move operational larger, mitigate the of which immediate our intend to we unique in equipment risks certain to production
people, has expect market this space the relationships both never confidence of in, the pipeline facility are our products of been within be the end and center attractive will The customer and to by Slide of we We will up generate growth.
Please returns and turn and XXXX.
All greater. investments X. capacity, running in opportunity the making data
segment to quarter. traditional Oklahoma perform well segment. commercial the This Turning our continued third in business, to more AAON HVAC the
year environment. and in which years, for this This comparable, our associated volatility ago sales tough was and has largely consistent of and Although the been softening comparison macro of down profits quarter is in year, second refrigerant to segment bookings this expectations than were were period. with year, the year-over-year, greater historical and Versus because with a profits sales with this expected previous transition largely line seasonality. the
increase of turn we dates as remains in do inventoried realize could pronounced in new nearly A the to demand benefit around. time we at see within not our a new of sold is R-XXXB prebuy.
We construction as AAON's channel the not the was differs with experienced. we This to could much equipment. user configured end refrigerant. later equipment to manufacture distribution equipment did And as as customers September, strategy up what modest a of think leading semi-custom industry the of a a market equipment, lot phase-out orders take that industry some and transition see lull and date. from to the the standardized near-term soft such, and we R-XXXA While August manufacturers in Furthermore, build-to-order which an
we expect fourth such, the in year quarter first and of As the to possibly segment. soften this next quarter
immediate As year. we headwinds, anticipate we the next will beyond progress demand throughout accelerate near-term
improve us, environment will the with being falling rates election refrigerant played and expect plus interest will macro out. the have We behind transition the
very Regarding pricing, what hearing we anticipate industry. we different pricing from rest of are year, amount than the which the next of modest is a very
good and very pronounced AAON medium associated Therefore, fourth to and product to softening financials. segment first feel hand about could off trends while remains regulations. positioned we electrification best the this quarters, at Rebecca our segment.
And decarbonization, to down than you seasonally and the it the that, Oklahoma more we future a quarter secular these in Finally, quarter term with normally support with through see I the will in do long walk