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Forney Corporation acquires Damper Design, Inc. products

Addison, TX – Effective November 20, 2014 – Forney Corporation acquires Damper Design™, Eagle Air and related product lines from Damper Design, Inc. Forney Corporation is a global supplier of products and systems that control and monitor combustion processes in electric utility and heavy industrial applications. The products acquired include various Damper products, low NOx coal burner, expansion joints, air heater seals, and entry doors. The purchase price was not disclosed.

Tom Demrick, CEO of Forney said: “We are pleased to announce this important expansion of our offerings to our global customer base. These products are complimentary to our existing burners, igniters and controls. We welcome the Damper Design management team to Forney and look forward to working with them.”

About Forney

Forney Corporation has maintained its position as a leader in power plant systems for more than 85 years by designing, manufacturing, installing and servicing the most innovative line of combustion-related equipment. Forney’s product offerings include Burners, Igniters, Dampers, and Controls. Forney is a subsidiary of Graham Holdings Company (NYSE: GHC). For more information about Forney, please visit www.forneycorp.com.

Media Contact:
Patti Pendell
Forney Corporation
972-458-6100
patti.pendell@forneycorp.com

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