Local firm has expanded its footprint into new markets such as Germany, Poland, Texas and the U.S. Gulf Coast.
Cleantech firm Thermal Energy International continues to score lucrative contracts
A cleantech project for a new client in the dairy industry has Ottawa’s Thermal Energy International milking some recently acquired technology for all it’s worth
Thermal Energy International continues to heat up in fiscal 2019 with sizeable revenue growth in the second quarter of the year
The local cleantech firm is taking its heat recovery products to a new subsector of the food and beverage industry through a multimillion-dollar deal
The project will utilize equipment both from Thermal’s existing product line and from Boilerroom Equipment, its latest acquisition
In a letter to shareholders, CEO William Crossland expressed both his gratitude and his confidence with the Ottawa firm’s recent performance
Buoyed by strong sales of its heat recovery systems, Ottawa’s Thermal Energy International posted record revenues of more than $17 million in fiscal 2018
Zhang, who previously worked at Mitel and BluMetric, is replacing Julia Flynn, who is stepping down from the post at the end of the month.
The deal adds to Thermal Energy’s product portfolio and grows its distribution network to include larger commercial buildings and hot water boiler markets.