The price increase affects all of WaterFurnace's commercial product lines. 

WaterFurnace International introduced the Versatec Variable Speed Series in 3- to 6-ton capacities. This commercial variable capacity water source and geothermal heat pump line is available in both horizontal and vertical configurations.

WaterFurnace International, Inc. has named John C. Thomas as president and chief executive officer. 

NIBE Industrier AB of Sweden has entered into an agreement to acquire 100% of the outstanding shares of WaterFurnace.

WaterFurnace Renewable Energy, Inc. has entered into an agreement to purchase the assets and technology of Chillit Chillers, a manufacturer of heating and cooling products located in Goshen, IN.