Abbott Furnace Company, a manufacturer of continuous industrial furnaces and thermal processing equipment, has acquired the intellectual property (IP) of Drever Furnace from The Rose Corporation, located in Reading, PA, USA. According to the company, the IP will complement Abbott Furnace Company’s continuous powder metal sintering furnaces, brazing furnaces, and heat treating equipment. The Drever designs will be integrated into Abbott Furnace current product offering.

‘We are very pleased with this acquisition and the value it brings to our company,’ said Ed Gaffney, CEO of Abbott Furnace. ‘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.’

This story is reprinted from material from Abbott Furnace, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.