Catch Up on All the Latest WaterFurnace News
WaterFurnace Renewable Energy, Inc. Suspends Future Dividends
July 3, 2014
WaterFurnace Renewable Energy, Inc. announces that it has determined to suspend future dividends pending the completion of the proposed transaction pursuant to the arrangement agreement entered into with NIBE Industrier AB which was announced on June 23, 2014.
NIBE to acquire WaterFurnace in a recommended C$378 million transaction
June 23, 2014
Swedish based NIBE, one of the leading heat pump manufacturers in Europe, is teaming up with US-based WaterFurnace, one of the market leaders in North American geothermal heat pump heating and cooling solutions market.
WaterFurnace Renewable Energy, Inc. 1st Quarter Results: Deep snows and subzero temperature affect residential loop installations; Commercial shipments dramatically increase.
May 7, 2014
WaterFurnace Renewable Energy, Inc., the leading manufacturer of energy efficient heating and cooling solutions, today reported first quarter financial results. In the first quarter of 2014, sales revenue declined 8.3% over the record-setting first quarter of 2013 from $29.2 million to $26.7 million.
WaterFurnace Renewable Energy, Inc. to Acquire Chillit Chillers
May 6, 2014
WaterFurnace Renewable Energy, Inc. announced that it has entered into an agreement to acquire the assets and technology of Chillit Chillers, a growing manufacturer of innovative heating and cooling products located in Goshen, Indiana, USA.
WaterFurnace Renewable Energy, Inc. Fiscal Year & 4th Quarter Results
March 11, 2014
WaterFurnace Renewable Energy, Inc. today released the Company’s fiscal year 2013 and fourth quarter results. In 2013 the Company significantly increased gross margins by 2.2 percentage
points, rising from 35.7% in 2012 to 37.9% in 2013. Sales of the Company’s new