St. Louis, MO, April, 2011
Capital For Business, Inc.® (CFB) announced today that, in partnership with Aldine Capital Partners, completed an investment in Janesville, Wisconsin-based Lanair Holdings, LLC to support the company’s acquisition of Lancaster, PA-based Clean Burn, Inc.
Founded in 1976, Lanair manufactures waste motor oil heaters and boilers. A waste oil heater is a furnace engineered to exclusively burn used motor oil as a source of heat. These furnaces are commonly used by auto dealers, auto repair shops, fleet repair centers, equipment contractors and quick lube shops to heat their facilities during the winter months. Clean Burn also produces waste oil heater products including waste oil furnaces, waste oil boilers, and used oil recycling centers.