One of the Leading Heat Pump Manufacturers in Europe to Purchase North American Manufacturer
June 23, 2014
WaterFurnace Renewable Energy Inc. and NIBE Industrier AB of Sweden announced that they have entered into an agreement whereby NIBE will acquire 100 percent of the outstanding shares of WaterFurnace by way of a plan of arrangement under the Canada Business Corporations Act.
Savvy contractors working in this niche market focus not only on deep energy reductions, but on non-energy benefits, such as improved comfort, better IAQ, increased home values, and a more durable home.
Geothermal Heating and Cooling Technology to Reduce Energy Reliance by 65 Percent
June 16, 2014
Rockline Industries announced that it has installed the nation’s largest single geothermal heating and cooling system for use in a production facility. The use of geothermal technology at the 1.2 million-square-foot plant, in Booneville, Arkansas, is expected to reduce Booneville’s reliance on overall energy and natural gas by 65 percent.
International Award Is Granted Every Three Years by the IEA Heat Pump Program
June 10, 2014
Daniel Ellis, president of geothermal and water-source heat pump manufacturer ClimateMaster, was presented with the Rittinger Medal at the 11th International Energy Agency (IEA) Heat Pump Conference in Montreal.
Nearly 300 WaterFurnace dealers and employees from across the country mixed business with pleasure at the company’s annual meeting in Fort Wayne, Indiana. The three-day event included a minor league baseball game and featured a mix of informative presentations, factory tours, and educational breakout sessions.