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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 Energy, Inc. operates as a subsidiary of NIBE Industrier AB (publ).
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