Lancaster-based Burnham Holdings, the parent company of multiple subsidiaries that manufacture boilers, furnaces and related HVAC products, recently announced it has begun the process of winding down production efforts at Crown Boiler in Philadelphia.
Burnham Holdings is closing the facility because consumer demand has shifted toward high-efficiency condensing boilers, requiring cast iron boiler production capacity to be adjusted.
The process will take place gradually over months and is expected to support the company’s long-term growth objectives, improve production flexibility, and enhance manufacturing efficiency. It also will optimize the supply chain and work force.
“This is a strategic step forward in optimizing our manufacturing operations to strengthen long-term efficiency, resilience, and customer value,” Chris Drew, Burnham Holdings president and CEO, said. “By leveraging our existing infrastructure and expertise at our Lancaster facility, we will enhance production flexibility, improve quality control, and position ourselves to better meet evolving market demands. We recognize that this transition impacts our employees, and we are committed to supporting them with empathy and transparency throughout this process.”
During the process, the company will ensure any assets sold or transferred are done at fair market value. The company also will offer affected employees relocation opportunities, outplacement services and additional resources.