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WaterFurnace Renewable Energy to Acquire Chillit Chillers

May 7, 2014
Chillit Chillers manufactures specialty chillers and geothermal heat pumps for large commercial and industrial applications.

WaterFurnace Renewable Energy Inc. recently announced it had entered into an agreement to acquire the assets and technology of Chillit Chillers, manufacturer of specialty chillers and geothermal heat pumps for large commercial and industrial applications.

Chillit Chillers, which has seen increasing sales since its establishment in 2009, has expertise in the development of controls, building automation, and remote monitoring software that work together to optimize equipment performance.

“The acquisition of Chillit fits well into our long-term commercial strategy and strengthens our position in that market,” Herb Batrouny, senior vice president, WaterFurnace, said. “Chillit not only expands our product line to 500 tons, but also provides us with new technologies and access into adjacent markets.”

While determining the best way to maximize operating efficiencies, WaterFurnace plans to continue Chillit’s operations from its facility in Goshen, Ind.

About the Author

Scott Arnold | Executive Editor

Described by a colleague as "a cyborg ... requir(ing) virtually no sleep, no time off, and bland nourishment that can be consumed while at his desk" who was sent "back from the future not to terminate anyone, but with the prime directive 'to edit dry technical copy' in order to save the world at a later date," Scott Arnold joined the editorial staff of HPAC Engineering in 1999. Prior to that, he worked as an editor for daily newspapers and a specialty-publications company. He has a bachelor's degree in journalism from Kent State University.