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CPET 575 Management of technology Luis D Morales. Company Profile. History 1983, Jim Shields Stablishes WaterFurnace International, Inc. 1985 – WS Series and LPK, Loop Pump Kit Products are introduced 1986 – WX Series split and water to water configuration is introduced
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CPET 575 Management of technology Luis D Morales
Company Profile • History • 1983, Jim Shields Stablishes WaterFurnace International, Inc. • 1985 – WS Series and LPK, Loop Pump Kit Products are introduced • 1986 – WX Series split and water to water configuration is introduced • 1991 – New 120,000 Square foot facility is built • 2001 – Introduces first R-140A geo thermal split systems • 2007 – Breaks $100 million in sales for first time • Competitors • Climate Master, Bosch, Econar, Hydro Delta, Hydron Module – Residential • Climate Master, Florida Heat Pump, Trane, McQuay, Mammoth – Commercial • Sanyo, Samsung, Daikin – Foreign Competitors • Facility • Headquarters 120,000 Square Feet Facility • 299 Employees – admin, accounting, engineering, support and service, and sales
Company Profile Cont… • Product offerings • Geothermal Heat Pumps • Geothermal Water Heaters • Programmable Thermostats • Air Purifying systems/filters • Installation Options • Horizontal Loops • Vertical Loops • Pond (Lake) Loops • Open Loops (Well Water Systems) • Incentives for Customers • 30% Energy Tax Credit for an installation • Geothermal Systems • 1,000,000 systems installed • 50K units installed annually