HearthStone Stoves

What HearthStone Stoves does

HearthStone Quality Home Heating Products Inc. ("HearthStone Stoves") is a Vermont-based, privately held manufacturer of wood, gas, and pellet home heating appliances, founded in 1978 and headquartered at 317 Stafford Avenue, Morrisville, Vermont. The company designs and assembles a portfolio spanning four wood-stove families (Soapstone, Traditions, Green Mountain, HASE), zero-clearance wood fireplaces, wood fireplace inserts, wood cook stoves, and direct-vent gas stoves, with MSRPs ranging from approximately $2,430 (Green Mountain 20) to $8,730 (WFP-100 wood fireplace). Its core technical differentiators are the proprietary TruHybrid three-stage catalytic combustion system (up to 81% HHV efficiency, emissions as low as 0.5 g/hr, exceeding 2020 EPA standards) and soapstone thermal-mass construction providing up to 30 hours of HeatLife from a single load. Cast-iron components are produced by parent company Industrias Hergóm S.A. in Santander, Spain under a 60+ year metallurgical partnership, and the HASE product line is sourced from German partner Hase Kaminofenbau GmbH. All HearthStone freestanding wood stoves qualify for the 30% IRS Section 25C federal tax credit (up to $2,000).

HearthStone generates revenue exclusively through the wholesale sale of hardware to a network of more than 600 independent authorized dealers across the United States, Canada, and Japan; the company does not sell direct-to-consumer. Dealers handle last-mile sales, installation, service, and replacement parts, while HearthStone focuses on product design, Vermont-based assembly, brand marketing (website, YouTube, Facebook, Instagram, LinkedIn, Pinterest), and seasonal promotions such as the annual Summer Burn Event (10% discount plus $100 factory rebate). Pricing is one-time/perpetual per unit with no subscription, financing, or service-contract line items disclosed. The customer base is structurally long-tail residential homeowners across three use cases—primary heating, supplementary/off-grid heating, and design-conscious installations—with no named enterprise or anchor accounts. The company is privately held under Hearthstone Quality Home Heating Products Inc., backed by Spanish strategic parent Industrias Hergóm S.A., and has no disclosed venture or private-equity funding.

Name

HearthStone Stoves

Legal name

Hearthstone Quality Home Heating Products Inc.

Website

https://hearthstonestoves.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

51–100 employees

Short description

HearthStone Stoves is a Vermont-based manufacturer (since 1978) of wood, gas, and pellet home heating appliances sold exclusively through 600+ independent dealers in the US, Canada, and Japan, serving residential homeowners with proprietary TruHybrid combustion and soapstone thermal-mass technology.

Ownership category

akta.pro rank

Product category

Home Heating Stoves

NAICS

Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

akta.pro secondary industry

Outdoor Heating, Fire Pits & Fireplaces Retail (CRAIAIAI)

Keywords

• Wood heating stoves
• Gas burning stoves
• Soapstone stoves
• Fireplace inserts
• Home heating appliances

Headquarters

HQ city

Morrisville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Wood and Gas Stove Sales: HearthStone generates revenue through the sale of wood-burning stoves, gas stoves, fireplaces, fireplace inserts, and wood cook stoves. Products are sold exclusively through a network of over 600 independent dealers who purchase from HearthStone and resell to end consumers.
2. Parts and Accessories: Replacement parts, heat shields, blowers, convection kits, and maintenance accessories are sold through the dealer network and online parts partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

HearthStone designs, manufactures, and distributes residential home heating products including wood-burning stoves, wood fireplaces (zero clearance), wood fireplace inserts, wood cook stoves, and gas stoves. Finished cast iron and soapstone stoves are assembled in Morrisville, Vermont using proprietary TruHybrid three-stage combustion technology and cast iron parts sourced from parent company Hergóm's foundry in Santander, Spain. Products are sold exclusively through a 600+ independent authorized dealer network in the United States, Canada, and Japan, with all wood-burning models exceeding 2020 EPA emissions standards and qualifying for the 25C federal tax credit.

Product overview

HearthStone Stoves is a Vermont-based manufacturer (since 1978) producing a comprehensive portfolio of home heating products organized into four product families: Wood Stoves (Soapstone Family, Traditions Family, Green Mountain Family, and HASE Family), Wood Fireplaces (zero clearance ZC models), Wood Fireplace Inserts, Wood Cook Stoves, and Gas Stoves. The company is distinguished by its proprietary TruHybrid combustion technology combining primary, secondary, and tertiary (catalyst) combustion achieving up to 81% HHV efficiency, and its use of soapstone construction for superior heat retention. All current wood-burning products exceed 2020 EPA standards and qualify for the 25C US tax credit. The products are sold exclusively through a network of over 600 authorized dealers in the US, Canada, and Japan.

Differentiator

Problem solved

Functional benefit

Products and services

• Heritage (Model 8024) EPA-certified TruHybrid soapstone wood stove for residential home heating with side-load door and optional ash pan.
• Green Mountain 80 8681 (Model 8681) Updated Green Mountain 80 wood stove with refined silhouette and 6-inch flue; 80% HHV efficiency and 0.53 g/hr emissions.
• Green Mountain 80 (Model 8680) Largest and most efficient Green Mountain TruHybrid wood stove; 81% HHV efficiency with a 3.1 cu ft firebox.
• Green Mountain 60 (Model 8660) TruHybrid soapstone wood stove with up to 60,000 BTU, 24 hours of heat, and 2,000 sq ft coverage area.
• Green Mountain 40 (Model 8640) Traditional cast iron TruHybrid wood stove with soapstone-lined firebox, sized for smaller spaces.
• Green Mountain 20 (Model 8620) Compact TruHybrid wood stove designed for cozy corners, cabins, tiny homes, and small living spaces.
• Mansfield (Model 8013) Largest HearthStone soapstone wood stove with over 230 lbs of soapstone, 21.5-inch firebox, and up to 30 hours of heat.
• Castleton (Model 8031) TruHybrid cast iron wood stove with 4-tube secondary combustion, fixed baffle, and catalyst for extra-long burn times.
• Lincoln (Model 8060) Compact soapstone log burner for small spaces with integrated cook plate; qualifies for the 30% IRS 25C tax credit.
• Manchester (Model 8362) Cast iron TruHybrid wood stove with air channel circulation, soapstone lining, and integral ash pan.
• Shelburne (Model 8372) Cast iron wood stove with intricate design details, porcelain enamel finish, and detailed backside for center-of-room installation.
• Craftsbury (Model 8392) Compact cast iron TruHybrid wood heater with soapstone lining, sized for smaller homes.
• Bari (Model 8171) HASE-designed modern wood-burning stove built in Germany; HearthStone TruHybrid combustion in clean modern style with ceramic and steel finishes.
• Bari Plus (Model 8172) Modern HASE-designed wood stove lined with thermal heat storage bricks for increased HeatLife and heat storage.
• Deva (Model 8220) Full-service wood-fired cook stove with stainless steel oven, vitreoceramic cooktop, temperature control, and up to 46,000 BTU for off-grid cooking and heating.
• WFP-100 (Model 8420) Largest HearthStone zero clearance wood fireplace with double doors, cast iron facade, hand-chiseled stone texture, and 64% HHV efficiency.
• WFP-75 (Model 8411) Zero clearance wood fireplace with textured cast iron facade, hand-chiseled stone texture, and 68% HHV efficiency.
• Clydesdale (Model 8492) Classic cast iron TruHybrid wood fireplace insert with soapstone lining, large open window, and capacity for up to 24-inch logs.
• GMi 90 (Model 8460) Large cast iron flush wood fireplace insert with signature soapstone lining, available in matte black or brown enamel finishes.
• GMi 70 (Model 8450) Flush cast iron non-catalytic wood fireplace insert with soapstone-lined firebox, single-lever air control, and capacity for up to 20-inch logs.
• Bristol DX (Model 8763) Three-sided direct vent cast iron gas stove featuring Maxitrol GV60 ignition with on-demand pilot and thermostatic remote control.
• Bristol (Model 8764) Three-sided cast iron gas stove with SIT 821 ignition system, 7-day timeout, and optional blower and remote control upgrades.
• Waitsfield DX (Model 8770) Original classic three-sided direct vent gas stove with over 50% turn-down, Maxitrol GV60 ignition, and thermostatic remote control.
• Stowe (Model 8325) Compact cast iron gas stove with SIT 820 Nova ignition and 7-day timeout, available in oyster enamel, brown enamel, and matte black finishes.
• Champlain (Model 8304) Classic cast iron gas stove with standing pilot (7-day timeout), cast iron heat exchanger, and artfully balanced flame presentation.

Quantifiable outcome

• Up to 81% overall efficiency (HHV) on TruHybrid products
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Industrias Hergóm S.A. (Hergóm)coreStrategic or Co-development PartnerHergóm is HearthStone's parent company based in Santander, Spain. Founded in 1960, Hergóm produces all HearthStone's cast iron parts in their foundry. The partnership guarantees complete production process control including design, casting, finishing, and final assembly. Hergóm complies with European Integrated Environmental Authorization for pollution control.
• Hase Kaminofenbau GmbHcoreTechnology or IntegrationHASE is a German manufacturer that designs and builds modern wood stoves exclusively in Germany. HearthStone partners with HASE to distribute their products (Bari, Bari Plus) in North America. HASE manufactures all steel, ceramic, and vermiculite components in-house, ensuring high quality. HASE stoves incorporate HearthStone's TruHybrid combustion technology.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Regency Fireplace Products: North American manufacturer of wood, gas, and pellet stoves, inserts, and fireplaces. Competes with HearthStone across multiple product families and shares a similar dealer-driven distribution model.
• Quadra-Fire (Hearth & Home Technologies): Wood and pellet stove brand owned by Hearth & Home Technologies (HHT), the largest US hearth products manufacturer. Competes directly with HearthStone in EPA-certified wood stoves and fireplace inserts through a large dealer network.
• US Stove Company: US-based manufacturer of wood, pellet, and corn stoves, as well as gas stoves and fireplace inserts. Competes with HearthStone in the value and mid-tier segments of the EPA-certified stove market.
• Blaze King: Manufacturer of catalytic and non-catalytic wood stoves and inserts renowned for long burn times. Direct competitor to HearthStone in the high-efficiency, long-burn-time wood stove category.
• Napoleon: Canadian manufacturer of wood, gas, and electric fireplaces, stoves, and inserts. A broader-line competitor that overlaps with HearthStone in gas stoves, wood stoves, and fireplace inserts sold through independent dealers.
• Travis Industries (Lopi / Avalon / Fireplace Xtrordinair): US manufacturer of premium wood, gas, and pellet stoves sold under the Lopi, Avalon, and Fireplace Xtrordinair brands. Competes with HearthStone on efficiency, emissions, and aesthetic differentiation in the premium hearth segment.
• Pacific Energy: Canadian manufacturer of high-efficiency wood stoves, inserts, and fireplaces with strong presence across North American hearth dealers. Direct competitor in the premium, high-efficiency wood-burning category.
• Vermont Castings: Vermont-based manufacturer of wood, gas, and pellet stoves and fireplaces with a strong independent dealer network. Closest geographic and product-line peer to HearthStone, competing head-to-head in EPA-certified cast iron and soapstone stoves.
• Jøtul: Norwegian-founded manufacturer of cast iron wood stoves, inserts, and gas stoves sold through an independent dealer network across North America and Europe. Direct competitor to HearthStone's premium cast iron and soapstone wood stove lines.

Others

• Industrias Hergóm S.A. Spanish parent company and foundry that produces all HearthStone cast iron parts. A comparable European cast iron stove manufacturer in its own right and a strategic enabler of HearthStone's quality and supply chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/hearthstonestoves/featured
• Facebookfacebook.com/hearthstonestoves
• LinkedInlinkedin.com/company/hearthstone-quality-home-heating-products
• Instagraminstagram.com/hearthstonecompany
• Pinterestpinterest.com/hearthstonestoves
• Xx.com/HearthStoneVT

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HearthStone Stoves