HUTCHINSON, Kan. (May 26, 2025) – Superior Holding, Inc. announced that it has divested a wholly owned subsidiary, Superior Boiler Works, LLC, that holds legacy asbestos liabilities and related assets, to Superior Boiler Industries, LLC.
As a result of the divestiture, all asbestos liabilities and related insurance assets are not included in Superior Holding, Inc.’s go-forward financial statements.
Existing employees, customers and vendors of Superior Holding, Inc. will experience no change in their business interactions with Superior Holding, Inc. as a result of the divestiture.
About Superior Holding, Inc. Superior Holding is the parent company of Hutchinson, Kansas-based Superior Boiler Technologies, Inc. and Superior Boiler, LLC. Superior Boiler provides engineered energy solutions and is a leader in clean air emissions technology. The company manufactures industrial boilers for process steam, hot water and waste heat recovery and high-efficiency hot water condensing boilers. In business since 1917, the company’s commitment to unparalleled quality has produced the most dependable boilers available. Superior Boiler employs over 200 people at its Hutchinson locations. For more information, visit superiorboiler.com.
About Superior Boiler Industries, LLC
Superior Boiler Industries, LLC has contracted with Financial Asset Recovery Analytics, LLC (“FARA Recovery”) for claims management and administration. FARA Recovery specializes in the management of asbestos and other legacy liabilities and related corporate assets. FARA Recovery is a leader in solutions for companies holding contingent and legacy liabilities. For more information, please visit www.fararecovery.com.

HUTCHINSON, Kan. (May 16, 2025) – Superior Boiler has been awarded a contract to supply critical equipment for a new utility project in the Gulf Coast region. This award, which includes a Shawnee Ds-style watertube boiler and similar size spray-type deaerator, reinforces Superior Boiler’s strong momentum in the utility and energy sectors.

The project continues a robust trend of successful engagements with leading engineering, procurement and construction (EPC) firms, solidifying Superior Boiler’s reputation for delivering reliable, efficient and cost-effective solutions.

“The award also marks a repeat order from a valued customer who previously purchased a Shawnee Ds-style watertube boiler and deaerator in October 2019 – equipment that remains in operation and continues to perform reliably ,” said Doug Wright, President & CEO of Superior Boiler. “The newly awarded project reflects the customer’s continued confidence in Superior Boiler’s manufacturing performance and engineering excellence.”

The Shawnee Ds-style boiler, a patented design from Superior Boiler, offers a compact footprint with significant advantages in capital cost savings, operational efficiency and enhanced performance. The new unit is designed for a 65,000 lb./hr. capacity with a 550-psig design pressure. Paired with a customized deaerator, the package will deliver dependable steam generation and water treatment for the utility’s operations . Superior Boiler’s ability to provide a full line of boiler room solutions – including boilers, deaerators and other auxiliary equipment – ensures customers receive a fully integrated and engineered package tailored to their specific requirements.

“We are proud to continue earning the trust of our EPC partners and repeat clients for projects of this scale,” Wright said. “The Gulf Coast is a vital region for energy infrastructure, and our equipment plays an essential role in supporting those operations with long-term reliability and value.”

This latest award builds on Superior Boiler’s strong track record of securing major contracts and highlights the company’s ongoing leadership in the industrial boiler and energy solutions market.