FOR IMMEDIATE RELEASE:

CONTACT:
NAMFG
John Newby
The North American Mfg. Co., Ltd.
4455 East 71st Street
Cleveland, OH USA
Phone
Fax
Email: johnnewby 

NA-STORDY
David Smith
NA-Stordy Combustion
Heath Mill Road, Wombourne
Wolverhampton WV5 8BD, ENGLAND
Phone
Fax
Email: d.smith 

North American Manufacturing Completes Acquisition of Stordy Combustion Engineering

Bringing together two of the world's leading suppliers of industrial combustion systems

December 30, 2002 – Cleveland, OH –The North American Manufacturing Company, Ltd. is pleased to announce the acquisition of the Stordy Combustion Engineering Group. The acquisition brings together two established and respected names to better serve their customers on a global basis.

The existing European operations of Stordy and North American will combine to trade under the new name NA-Stordy Combustion. Offices in the UK, France, Belgium, Holland, Italy, and Hungary will serve the whole of Europe. Operating as a wholly owned subsidiary of North American Manufacturing Company, NA-Stordy is positioned as a single source for all process combustion requirements, offering industrial application knowledge, high performance products and systems, and field service support.

John Newby, Vice President of Engineering at North American, states: "Both companies have a tradition of commitment to serving customers' needs in the best of all possible ways. We are confident that the integrated resources will provide our customers with unique benefits in the combustion marketplace and allow us a substantial growth opportunity in Europe."

With over 60 years experience in the thermal application industry, Stordy Combustion is known for providing its customers with products and solutions that optimally meet their needs. Some of the industries served are steel, aluminum, process heating and drying, and food.

Based in Cleveland, Ohio since 1917, North American is known worldwide as the premiere supplier of innovative and dependable combustion solutions for a broad range of industrial applications in the steel, aluminum, ceramics, copper, glass, air heating, gypsum, incineration and oil field industries.

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