Partnership further expands the Company’s North American service capabilities into the US Southeast

CINCINNATI, OHIO, May 27, 2020. Thermogenics, Inc. (“Thermogenics” or the “Company”), a leading manufacturer and service provider of industrial coiled tube steam, hot water, and thermal fluid boilers, has acquired Yown’s Boiler & Furnace Service, Inc. (“Yown’s”) based in Jacksonville, FL.

Founded in 1979, Yown’s is a full-service boiler and industrial process burner company providing sales, service installation and repairs of boilers, pressure vessels, piping systems, and industrial combustion applications. Yown’s has established a strong reputation for delivering exceptional customer service with the support of their valued vendor partners and dedicated field service team.

“Trusted support and reliability are the great differentiators in our industry,” says Joe McMullen, Vice President, US Operations, Thermogenics. “We’ve spent more than 30 years establishing our reputation as an industry leader based on these principles – when we found a partner that shares similar values and commitment to excellence, it was a natural fit.”

For Yown’s customers and vendor partners, this newly formed partnership provides additional product and service offerings that are complementary to Yown’s existing portfolio, creating new opportunities for growth.

“The team at Thermogenics has a proven track record of success and industry outlook that aligns with ours,” says Gary Yown, President of Yown’s. “The Company’s added resources and approach to operational excellence will amplify our efforts – this is a positive outcome for everyone involved and we are excited for this next chapter working alongside our new partner.”

In parallel with this newly formed partnership, Cory Yown will take on an expanded role within the organization. In addition to leading the day-to-day operations of Yown’s, Cory has been appointed Regional General Manager, US Southeast and is responsible for further developing the Company’s regional presence.

“Our customers rely on us to help deliver against their steam and process requirements,” adds Cory Yown. “Partnering with Thermogenics will only enhance our ability to support those needs and allow us to continue executing against what we do best – providing trusted solutions to our clients.”

Yown’s will continue to operate within the industry and serve customers under the Yown’s brand.

About Thermogenics

Thermogenics is a leading North American manufacturer of coiled tube steam, hot water and thermal fluid boilers and related equipment. This product portfolio is primarily used in industrial, commercial, and institutional applications, serving a variety of end markets, including healthcare and hospitals, food and beverage, and pharmaceuticals. The Company also provides best-in-class parts and 24/7 service support delivered via factory-trained technicians, and manages a fleet of unique rental boilers to serve temporary or emergency needs. With its comprehensive product and service offering, Thermogenics functions as a one-stop shop for all of its customers’ most complex steam and heating requirements. The company operates from its head office in Aurora, ON and maintains sales and service operations in Jacksonville, FL, Chicago, IL, Cincinnati, OH, and Ottawa, ON.

Contact

Joe McMullen
Thermogenics, Inc., Vice President, US Operations | 513-528-0500

Cory Yown
Yown’s Boiler & Furnace Service, Regional General Manager, US Southeast | 904-786-1645