Abbott Furnace Company • 1068 Trout Run Road • St. Marys, PA 15857 • P: 814-781-6355 • F: 814-781-7334

St. Marys, PA (December 1, 2016) – Abbott Furnace Company, a leading manufacturer of continuous industrial furnaces and thermal processing equipment, is pleased to announce that it has acquired the intellectual property of Drever Furnace from The Rose Corporation, located in Reading, PA. An excellent complement to Abbott Furnace Company’s expertise and technology in continuous powder metal sintering furnaces, brazing furnaces, and heat treating equipment, the Drever designs will be integrated into Abbott Furnace Company’s current product offering and manufactured in St. Marys.

Ed Gaffney, CEO of Abbott Furnace Company, commented, “We are very pleased with this acquisition and the value it brings to our company. We look forward to working with the current Drever customer base to bring them a full complement of products and the customer service for which Abbott Furnace Company is so well known.”