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Moffitt Corporation, Inc. Acquires Western Canwell



(l-r) Western Canwell Plant Manager Clark Crandall, former Western Canwell Owner Dave Crandall, Moffitt Corporation President John Moffitt

Moffitt Corporation, Inc. has finalized the purchase of Western Canwell of Denison, TX. This purchase adds the Canwell factory, product line, sales representatives and manufacturing expertise to Moffitt's existing global industrial ventilation and natural solutions business.

Canwell has produced natural ventilators and heat and smoke relief devices since 1927. It owns patents for its Firex Heat and Smoke Ventilator, Thermoflow Gravity Ventilator and Ridgepac Gravity Ventilator.

Moffitt products have been a part of the commercial and industrial marketplace throughout North America for over 55 years. "The Moffitt line of natural ventilation products provides facilities with a ventilation solution that requires zero operating costs and zero maintenance costs, while still resulting in cooler and more comfortable buildings," said the spokesperson.

"The new manufacturing location will allow Moffitt to better serve the Western U.S. and Mexico, each of which includes some of Moffitt's fastest growing markets," said a spokesperson. "The addition of the new facility will increase Moffitt's production capacity, expand its product line, decrease lead times, improve service and lower costs."

"We are privileged to welcome the talented staff at Western Canwell as part of the Moffitt team," said John Moffitt, President of Moffitt Corporation. "Many of the Canwell team members have built their careers there over the past 20 years. We are fortunate to be able to bring that level of experience to the Moffitt team on day one. It is our goal to build upon the solid foundation created by the previous Canwell ownership to further strengthen Moffitt's position as the leading provider in North America of natural ventilation systems, and to expand our capabilities into new natural solutions technologies for building envelopes."

Clark Crandall, Canwell Plant Manager, added, "I am thrilled that the hard-working, dedicated and experienced men and women of Western Canwell are becoming a part of the Moffitt team. We have long admired Moffitt and look forward to helping them continue to provide innovative and effective ventilation solutions."

Canwell, which will now be known as Moffitt West, will work closely with Moffitt's existing manufacturing facility in Le Roy, NY. Moffitt's entire product line will be made available from both the Denison, TX, and Le Roy, NY, locations, and both manufacturing facilities will be supported by centralized engineering at Moffitt's headquarters in Jacksonville Beach, FL.

For more information contact:

Moffitt Corporation

1351 13th Avenue South, Suite 130

Jacksonville Beach, FL 32250

800-474-3267

www.moffittcorp.com

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