Johnson Gas to Divest Curing Business

FOR IMMEDIATE RELEASE

For additional information, please contact:

Amy Woodward, 319-365-5267 ext. 143

Johnson Gas to Divest Curing Business

Cedar Rapids  — July 29, 2022 — Johnson Gas Appliance Co, a leading supplier of luxury gas fireplaces, industrial furnaces, burners, concrete curing and CO2 generators headquartered in Cedar Rapids, IA, has completed the divestiture of its Curing Systems Division to infrastructure equipment and services company Afinitas, headquartered in St. Louis, MO.

The deal includes the company’s industry leading CurePak curing equipment, parts and intellectual property. The sale comes on the heels of sizeable damage from a fire at its Cedar Rapids facility that has presented challenges for Johnson Gas to maintain its longstanding commitment of high quality and service to its global customer base.

“The relationships with our customers and the impact our curing systems have had on the industry domestically and internationally is something we are proud of and will deeply miss. I am pleased to have found the right home for our Curing business with Afinitas and feel that it is in the best interests of our customers,” said Steve O’Donnell, CEO of Johnson Gas. “This move allows us to focus on the efficiency of our core business with Mendota Gas Fireplace, Industrial furnace and Industrial burner businesses, and Afinitas is well positioned to offer the support our customers rely upon. We are pleased that Afinitas is eager to further the development of curing technologies and serve customers across the globe.”

“Today’s announcement is a win for the industry. We are combining the strengths of two companies with decades of industry experience to ensure customers have uninterrupted levels of service,” said Brad Schmidgall, Afinitas CEO. “The combination of our resources further strengthens our newly launched Afinitas SmartSet Curing offering and will enable us to create even more solutions for the needs of customers.”

Johnson CurePak customers will be in very capable hands as the Afinitas SmartSet Curing technical team is led by industry curing expert Dan Hodel, Chief Engineer, a former Johnson curing employee, who has more than 20 years of experience in concrete curing solutions and Ed Fisher, another former Johnson curing employee, who runs the on-site service van program.

For questions about this transition or pending orders, please contact Afinitas at 1-833-428-7464 or email dan.hodel@afinitas.com

ABOUT AFINITAS

 The Afinitas platform brings together global leaders in the design, manufacture, installation and support of equipment to produce precast concrete and infrastructure products. The company is organized into three divisions: Equipment and Automation (representing the HawkeyePedershaab Concrete Technologies, Inc. and BFS Betonfertigteilesysteme GmbH brand products); Forming Systems (representing the New Hampton Metal Fabrication and Spillman Company brand products) and Concrete Accessories (representing products from CAM, Hawkeye, Spillman, Caswick Ltd. and Amifast).

By combining this expertise, Afinitas strengthens its commitment to providing best-in-class solutions and service for its customers around the world. Afinitas is part of BW Forsyth Partners, LLC, the investment arm of multibillion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. To learn more, go to afinitas.com.

 ABOUT JOHNSON GAS

 For more than 120 years, Johnson Gas has been a pioneer and leader in gas technologies. Founded in Cedar Rapids, Iowa, in 1901, that’s where the headquarters of our family-owned company remain today. Divisions of Johnson Gas include Mendota Hearth which develops, manufactures and distributes a diverse range of award-winning gas fireplace and gas insert products across North America; and Industrial Furnace which designs and manufactures a line of industrial furnaces and industrial burners. Fortune 500 companies such as Ford, Boeing and General Electric use our line of heat-treating furnaces to make everything from automobiles to appliances better and safer. Combining proven leadership and industry expertise, Johnson Gas is continually iterating and improving to meet the demands of future generations of customers. To learn more, go to johnsongas.com.