New York Blower Co. acquires TLT-Babcock

March 11, 2003 — The New York Blower Company (Willowbrook, Illinois) has announced that it has acquired TLT-Babcock (Akron, Ohio) from Babcock Borsig Power AG of Oberhausen, Germany.

The New York Blower Company is a manufacturer of centrifugal and axial fans and blowers for applications in the commercial OEM air-handler market as well as
the industrial environmental, chemical, and manufacturing process markets in
North America and the Far East.

TLT-Babcock is recognized for highly engineered axial and centrifugal fans, dampers, and ash-handling systems supplied to the utility, industrial, tunnel, mine, and construction markets world-wide. TLT-Babcock is also a leader in providing equipment upgrades, rebuilds, field services, and replacement parts.

New York Blower President Paul Novotny said, “TLT-Babcock brings a wealth of additional product scope and global reach that is very complementary to New York Blower’s existing strengths. This combination will provide significant, long-term growth potential for both organizations world-wide.”

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