September 25, 2016 10:05 PM ET

Building Products

Company Overview of WaterFurnace Renewable Energy, Inc.

Company Overview

WaterFurnace Renewable Energy, Inc. designs, develops, manufactures, and distributes geothermal water source heating, cooling, hot water, and control systems for residential, commercial, and institutional buildings in the United States, Canada, and internationally. It also designs, develops, and builds devices that limit the inrush current that electric motors draw upon start up; and operates as a general trade company. The company was formerly known as WaterFurnace Industries, Inc. and changed its name to WaterFurnace Renewable Energy, Inc. in 2008. WaterFurnace Renewable Energy, Inc. was founded in 1983 and is based in Fort Wayne, Indiana. As of August 22, 2014, WaterFurnace Renewable Ener...

9000 Conservation Way

Fort Wayne, IN 46809

United States

Founded in 1983

261 Employees





Key Executives for WaterFurnace Renewable Energy, Inc.

Chief Executive Officer, President and Non-Independent Director
Founder and Chairman Emeritus
Chief Financial Officer, Treasurer and Secretary
Vice President and President of Global Division
Executive Vice President
Compensation as of Fiscal Year 2016.

WaterFurnace Renewable Energy, Inc. Key Developments

WaterFurnace Renewable Energy, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

WaterFurnace Renewable Energy, Inc. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of $3.01 million or $0.24 per share compared to $2.18 million or $0.18 per share, for the same quarter ended June 30, 2014. Sales were $33.12 million, compared to $25.53 million for the same quarter ended June 30, 2014. For the six months, the company's net income was $4.53 million, or $0.36 per share, compared to $4.51 million, or $0.37 per share, for the same period ended June 30, 2014. Sales were $59.84 million, compared to $54.68 million for the same period ended June 30, 2014.

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Recent Private Companies Transactions

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