Several T2 water heaters next to each other, at the start of the company

Our
history

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Excerpt from a newspaper article introducing founder Louis Cloutier
Founder Louis Cloutier presenting a T2 water heater

Innovation at the heart of a family tradition

Thermo 2000 was founded thanks to the story of an entrepreneur and a constant vision for the future, creating a stellar corporate culture that has spanned three generations. Since 1978, we have been designing and manufacturing electric boilers and indirect water heaters in Richmond, located in the heart of the Eastern Townships, for residential, commercial, and institutional projects.

Excerpt from the introduction of a newspaper article introducing founder Louis Cloutier
Louis Cloutier, founder of Thermo 2000, today in 2025
One man's vision

Louis Cloutier

It all began with the journey of our founder, Louis Cloutier. Born into a large rural family in Racine, Quebec, he later settled in Richmond with his own family. Both as a businessman and an entrepreneur, he embodied the spirit of a builder deeply engaged in his community. With remarkable determination and drive, he founded Thermo 2000. Alongside his wife Mariette, and later with the support of his children and grandchildren, he built it into a thriving manufacturing company, now exporting across North America. From one generation to the next, this family business has always been rooted in the highest standards, driven by innovation and ingenuity.

1970 - 1979
The beginnings of a visionary

From furniture to heating

Full page of the newspaper Le Citoyen talking about Louis Cloutier Full page of a newspaper featuring a furnace manufactured in Richmond
1972
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Louis Cloutier, then owner of a furniture and appliance store, began developing a new type of furnace in his basement. Recognizing the limitations of the heating systems in his rental properties, he began thinking about practical and better-adapted solutions. He dreamed of a compact appliance that could meet residential heating needs while reducing energy consumption and costs. His intuition and self-taught ingenuity quickly started to pay off.

1978
The BTH electric boiler in 1978
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Thermo 2000 Inc., was officially incorporated as a manufacturing company, with its electric boiler, the BTH, in the process of being patented. The first boilers were designed, assembled, and tested in the basement of one of Mr. Cloutier's buildings, propelled by his entrepreneurial and visionary spirit.

1980
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With sales of Thermo 2000 products exceeding expectations, Louis Cloutier sold his furniture business, Meubles Louis Cloutier Inc., to devote himself entirely to Thermo 2000. His wife Mariette joined the adventure and took charge of finances and administration.

1980 - 1989
With dual-energy systems

Growth in Quebec

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Thermo 2000 expanded steadily, with orders ranging from residential installations to heating systems for sawmills and commercial buildings.

1984
The DTH, the first commercial electric boiler, seen from the side
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The first commercial electric boiler, the DTH, was launched. The company relied on a subcontractor network across the Eastern Townships region, with locally machined parts, welding, and more, and all assembled at the Richmond plant.

By highlighting the advantages and cost savings of its heating products, Louis Cloutier built strong relationships with installers, plumbers, electricians, and Quebec distributors. The company became synonymous with quality and impeccable after-sales service.

end of the 1980s
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Louis Cloutier began a new phase of research and development in hydronic systems, including an indirect water heater. This would mark a turning point and open a new chapter for the company.

1990 - 1999

The arrival of indirect water heaters
and entry into U.S. markets

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The 1990s were marked by the design of instantaneous indirect water heaters.

1993
The TurboMax in 1993, seen only from above
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The TurboMax (formerly known as Optimizer) was launched and patented in both Canada and the United States. These high-performance systems quickly gained traction in the institutional, commercial, and multi-dwelling sectors, giving Thermo 2000 new momentum.

The company began to carve out a place for itself in the US market thanks to Pierre-Yves Cloutier, the founder's son, who remains dedicated to developing projects and a distribution network in the northeastern United States.

Staying true to its regional roots, Thermo 2000 maintained its operations in Richmond and remained focused on product quality and customer service. Customer demand continued to grow.

New Thermo 2000 plant under construction in 2003, pixelated image
2000 - 2009
Three full newspaper pages, aged by time, showing articles presenting Thermo 2000
Richmond’s industrial park

A new factory and modernization

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At the turn of the millennium, in order to meet growing demand, Thermo 2000 began construction of a new factory in Richmond’s industrial park.

2003
bth Ultra boiler in 2003
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The modern 19,000 sq. ft. plant was built in 2002 and officially opened in 2003. This $1.2M investment doubled production capacity and brought in new specialized equipment.

After completing his studies in mechanical engineering, Louis Cloutier’s grandson, Jean-Philippe Turcotte, joined the company in 2003, contributing to the plant’s construction process and spearheading the arrival of the BTH ULTRA boiler. He left in 2007 to pursue a career at BRP.

2008
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The welding section was expanded by 4,000 sq. ft., bringing the facility to approximately 23,000 sq. ft.

2009
MINI electric boiler in 2009
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The MINI electric boiler was introduced for small-load applications of 12 kW or less.

As Thermo 2000 forged ahead, founder Louis Cloutier began to think about succession.

2010 - 2019

Innovation and family succession

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The 2010s marked the arrival of the third generation at Thermo 2000. After careful reflection and with expert advice, Louis Cloutier and his wife Mariette put in place a succession and governance strategy.

2011
New T2ultrasmart controller in 2011
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A new T2 UltraSmart controller dedicated to Thermo 2000 boilers was launched, and the warehouse section was expanded by approximately 12,000 square feet for a total of 35,000 square feet.

2013
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Jean-Philippe Turcotte returned to the company in 2013 after gaining experience at BRP and became manager of the Richmond plant. He has played a key role in the growth and modernization of Thermo 2000, in areas, such as innovative product development, training, and marketing. Charles Dumoulin, also an engineer and grandson of Louis Cloutier, was involved in production and procurement at the plant. Finally, Marc-André Dumoulin, another grandson of Louis Cloutier and an expert in technology business solutions, got involved in administration.

2015
BTH ULTRA electric boiler in 2015, second generation
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The second generation of BTH ULTRA electric boilers with electronic controllers was launched.

2016
BuffMax and ComboMax Ultra next to each other
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The BuffMax buffer tank and ComboMAX ULTRA combination boiler were introduced to the market.

2017
VoltMax Commercial Electric Boiler in 2017
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The VoltMax commercial electric boiler up to 180 kW and the AltSource high-mass residential boiler were released.

2018
DoubleMax in 2018
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The DoubleMax double-walled indirect water heater was put on the market.

2019
VoltMax in 2019
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The power of the VoltMax commercial boiler was expanded from 180 kW to 408 kW.

At the same time, at the request of Mr. and Mrs. Cloutier, their daughter Jocelyne Cloutier took over as president of the company and chair of the board of directors, sharing governance with Myriam Cloutier, a vice president. Together, they ensured a unified family leadership consistent with the founder’s values.

2020 - 2025
Louis Cloutier in the center and 2 grandchildren at his side holding a shovel and white helmet on their heads.

Market expansion
and infrastructure modernization

2022
VenTUM fan coil unit in 2022
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The VenTUM fan coil unit with electronic controller was launched.

2023
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A major investment expanded the plant to 60,000 sq. ft. for storage and manufacturing. That same year, the next generation of the TurboMax indirect water heater was released.

2024
BTH ULTRA XL lightweight electric boiler in 2024
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The lightweight BTH ULTRA XL electric boiler (72 kW) entered the market.

Thermo 2000 has entered a new phase of maturity, remaining innovative and dedicated to energy efficiency. The company now employs more than 80 people while staying true to its founding values: innovation, quality, and pride in being Quebec-based.

Today, Thermo 2000 continues to grow steadily. The company is well-positioned with engineers and installers seeking hydronic heating and domestic hot water solutions for large-scale projects. Thermo 2000 products are used in consumer homes, schools, hospitals, sports complexes, and government buildings across North America.

Thermo 2000 today

Today, Thermo 2000 is a privately held Canadian company with over 80 employees. Our offices and 60,000-square-foot manufacturing facility are still located in Richmond, Quebec. We continue to invest in our equipment and infrastructure to boost our efficiency and increase our production capacity.

Our mission

To innovate and offer high-performance, quality products that contribute to our customers' comfort and peace of mind.

Our vision

To ensure the growth of the company through product innovation and continuous process improvement, while developing the potential of our employees.

Our values

Innovation / Respect / Momentum