The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

WaterFurnace Adds Two Positions to Support Joint Venture in China

Friday, August 10, 2012

WaterFurnace Adds Two Positions to Support Joint Venture in China20:00 EDT Friday, August 10, 2012Industry Veterans Herb Batrouny and Kevin Wu Join the Company FORT WAYNE, IN, Aug. 10, 2012 /CNW/ - WaterFurnace Renewable Energy, Inc. [TSX: WFI] announced today the addition of two positions created to support the company's joint venture in Ningbo, China. The joint venture, WaterFurnace Shenglong HVACR Climate Solutions (WFSL), will provide heating, ventilation, air conditioning and refrigeration (HVACR) products to the Chinese and surrounding Asian markets where saving electrical energy has become a national priority.To support this endeavor, Herb Batrouny has been named the Sr. Vice President of Asia Pacific Operations for WaterFurnace. In his new position, Batrouny will focus on two key functional areas - facilitating the joint venture and leading WaterFurnace's global supply chain initiatives.Batrouny comes to WaterFurnace from Johnson Controls Inc., where he served as Vice President of Unitary Supply Chain. Prior to that he held progressive positions at York International that included the role of GM for the residential unitary division, a multi-plant $600 million business. Batrouny began his career with Boeing negotiating military contracts after graduating from Wichita State University with a Bachelor of Science in Accounting.Additionally, Kevin Wu has been named Director of Engineering Asian Operations for WaterFurnace. Wu's involvement with the HVACR industry spans more than 30 years with much of his career spent at Bristol Compressors. At Bristol, Wu gained experience dealing with Asian markets while managing the company's China office. Wu holds a Master of Science Degree in Mechanical Engineering from the University of New Mexico, has completed executive courses on Advanced Industrial Marketing at the China Europe International Business School in Shanghai and is a licensed Professional Engineer."Herb brings over twenty years of HVACR supply chain experience and will be invaluable to us as we expand our global sales presence," said Tom Huntington, WaterFurnace President and CEO. "Kevin brings a wealth of experience with both HVAC and Asian markets. Both are industry veterans and will help ensure success for our joint venture. We're excited to have them join WaterFurnace."To learn more about WaterFurnace, visit the website at www.waterfurnace.com.WaterFurnaceWaterFurnace is the leading manufacturer of geothermal and water source heat pumps. Products from WaterFurnace include energy-efficient and environmentally friendly geothermal comfort systems, indoor air quality products, and pool heaters. WaterFurnace (TSX:WFI) was founded in 1983, and the company is headquartered in Fort Wayne, Indiana. For the latest news and updates from WaterFurnace, connect with us on your favorite social media sites - follow us on Twitter @WaterFurnace, like us on Facebook or view the WaterFurnace YouTube Channel.Related links:WaterFurnace - http://www.waterfurnace.com/geothermal - http://www.waterfurnace.com/how-it-works.aspxheat pumps - http://www.waterfurnace.com/geothermal-heat-pumps.aspxWaterFurnace YouTube Channel- http://www.youtube.com/user/WaterFurnaceImage with caption: "Herb Batrouny (CNW Group/WaterFurnace Renewable Energy, Inc.)". Image available at: http://photos.newswire.ca/images/download/20120810_C6459_PHOTO_EN_16817.jpgImage with caption: "Kevin Wu (CNW Group/WaterFurnace Renewable Energy, Inc.)". Image available at: http://photos.newswire.ca/images/download/20120810_C6459_PHOTO_EN_16818.jpgSOURCE: WaterFurnace Renewable Energy, Inc.For further information: Editorial Contact: Laura Harris WaterFurnace (260) 479-3214 laura.harris@waterfurnace.com