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In 1998, the company acquired Pyro Industries, a manufacturer of pellet stoves. [8] In December 2010, the company acquired Kysor/Warren from The Manitowoc Company for $138 million. [9] In September 2023, the company sold its European commercial HVAC and refrigeration businesses to funds managed by Syntagma Capital. [10]
Pellet stoves or single ovens are generally plants in the power range of max. 6-8 kW and less. They are usually placed directly in the living room. They usually have a small reservoir of pellet fuel which can last for one or more days. Fuel supply and the control of combustion are controlled automatically and the ash removal is done manually.
The storage requirements are much smaller for pellet-fired systems because of their condensed nature, which also helps cut down costs. these systems are used for a wide variety of facilities, but they are most efficient and cost effective for places where space for storage and conveyor systems is limited, and where the pellets are made fairly ...
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In 1936, 60% of the company was bought by Sears, Roebuck, and Co. with the rest of its stock being purchased by the Florence Stove Company. For three years, the company name was the Florence-Wehrle Company, later being renamed to the Newark Stove Company in 1939. At that point, the company was the largest stove producer in the world. [2]
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