Industrial Chimney Company Acquires Cheminee Lining from Cleaver-Brooks.
MANews-(C)2009-2022
Canada-based prefabricated chimney and fireplace manufacturer Industrial Chimney Company has acquired Cheminee Lining, the exhaust solutions division of premier boiler manufacturer, The Cleaver-Brooks Company, Inc, the company said.
The move to acquire Cheminee Lining occurred quickly after Cleaver-Brooks announced its intention to discontinue the sale of exhaust stacks and venting in May 2022.
ICC seized the opportunity, finding it aligned well with its continued focus on global expansion and development of new markets.
The combination of ICC and Cheminee Lining will strengthen their position as a market leader in the commercial industrial chimney industry.
As part of the sale, ICC will continue to lease 56,000 square feet of manufacturing space and 21,000 square feet of office space located in Terrebonne, Quebec, as well as provide employment for more than 44 existing Cheminee Lining employees.
Both Cleaver-Brooks and ICC will honor...
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