Since its founding in 1959, Generac has become the No. 1 manufacturer of home backup generators, but the company now has moved forward to provide generators for commercial and industrial use as. Generac CEO Jagdfeld's Keys CEO and president of consistently outperforming generator maker, Generac, since 2008. Stock soared many times more than the S&P 500. The reviews are all about Generac Generators. A reliable generator line. The top consumer compliments about Generac Generators are: The first is a low noise output. One area where generators dislike manufacturing is complaints about noise. It is a common problem in the industry that some manufacturers do not listen.
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| Type | Public |
|---|---|
| |
| Industry | Manufacturing |
| Founded | 1959[1] |
| Founder | Robert Kern[2] |
| Headquarters | Waukesha, Wisconsin, U.S.[3][4] |
| Aaron Jagdfeld, CEO[3] | |
| Products | Generators |
| Revenue | US$2.023 billion (2018)[5] |
Number of employees | 6,500[3] |
| Website | generac.com |
Generac Holdings Inc., commonly referred to as Generac, is a Fortune 1000 American manufacturer of backup power generation products for residential, light commercial and industrial markets.[6] Generac's power systems range in output from 800 watts to 9 megawatts,[7] and are available through independent dealers, retailers and wholesalers.[6] Generac is headquartered in Waukesha, Wisconsin,[3][4] and has manufacturing facilities in Berlin, Oshkosh, Jefferson, Eagle, and Whitewater; all in Wisconsin.[7]
History[edit]
Founded by Robert Kern in 1959, the company soon began producing portable generators for Sears, Roebuck and Co. under the Craftsman brand. During the 1970s, Generac expanded its offerings in the portable and recreational vehicle markets, and in the 1980s the company entered the commercial and industrial markets with its backup power generation systems.[7]
By end of the 1980s, the company was manufacturing residential, commercial and industrial generators, and in 1989, Generac introduced the first gaseous-fueled automatic home standby system.[7]
In 1992, Generac began private labeling generator sets for Caterpillar, Inc. As the partnership grew between the two companies, they discussed a potential acquisition of Generac by Caterpillar, although a deal was never finalized. In June 1996, Caterpillar decided to terminate the private labeling agreement. Generac then sued Caterpillar under the Wisconsin Fair Dealership Law ('WFDL'), the Sherman Antitrust Act, the Wisconsin common law concerning restrictive covenants, and the Illinois Consumer Fraud and Deceptive Business Practices Act.[8] The federal district court, in two separate orders, disposed of the action in Caterpillar's favor. Generac then challenged the lower court's rulings in the U.S. 7th Circuit Court of Appeals, which ruled that Generac's claims were properly dismissed by the lower court.[9] Generac continued to supply some transfer switches to Caterpillar until 2002, when Caterpillar changed suppliers.
In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008.[7]
In late 2006, Generac was purchased by CCMP Capital of New York.[7] In 2009 CCMP took a write-off, described as a non-cash goodwill and trade name impairment charge, of $583.5 million against their purchase of Generac.[10]Aaron Jagdfeld was appointed president and chief executive officer in September, 2008 and is the current CEO.[7]
Generac goes public[edit]
On February 11, 2010, Generac Holdings Inc. (NYSE: GNRC), parent company of Generac Power Systems, Inc., began trading on the New York Stock Exchange under the ticker symbol GNRC.[7] The initial public offering provided $224 million in net proceeds, which were used to pay down debt.[7]
Recognition[edit]
Generac is a recipient of Milwaukee Magazine's 'Best Places to Work' award for Southeastern Wisconsin.[11]
Generac's industrial sizing application, Power Design Pro, received silver in the 2010 Plant Engineering 'Product of the Year' award.[12]
The company has also earned the Good Housekeeping Seal for its Guardian Series home standby generators and several portable generators.[13]
Generac was honored with the 2014 Natural Gas Generator Company of the Year Award from Frost & Sullivan for its contribution to the North American natural gas generator set industry.[14]
Products[edit]
Generac manufactures gasoline-fueled, diesel-fueled and bi-fuel engine-driven power generation equipment, modular paralleling systems, automatic transfer switches and small engines.[6] The company supplies products to the industrial, commercial, and portable generator markets through many different distributors.In December 2009, Generac introduced Generac Industrial Power (a rebranding of its industrial products division) to include new engines, new enclosures, ergonomic changes and aesthetic changes. This included a partnership with Fiat Powertrain Technologies to supply Generac with industrial diesel engines for use in industrial generators.[15]
References[edit]
- ^Generac Power Systems - About Us
- ^Generac workers get a holiday surprise - JSOnline
- ^ abcdTom Daykin (November 7, 2011), 'Generac to add over 400 jobs at Wisconsin plants', Milwaukee Journal Sentinel, JSOnline
- ^ abHQ may now be based in Genesee, Wisconsin according to more recent publication: Jeff Engel (October 29, 2012), 'Hurricane Sandy puts Wisconsin generator makers into overdrive', Milwaukee Business Journal, bizjournals.com, retrieved October 30, 2012CS1 maint: discouraged parameter (link)
- ^Financial Statements for Generac Holdings Inc. - Google Finance
- ^ abc'Generac Holdings Inc (GNRC.N) Company Profile – Reuters.com'. Reuters.
- ^ abcdefghi2010 Generac Holdings Annual report
- ^American Bar Association. Section of Antitrust Law (1999). Annual review of ... antitrust law developments. Section of Antitrust Law, American Bar Association. Retrieved 30 December 2011.CS1 maint: discouraged parameter (link)
- ^'United States Court of Appeals, Seventh Circuit No.97-1404'. Archived from the original on 2010-05-17. Retrieved 2010-03-19.
- ^GENERAC HOLDINGS INC. - FORM S-1/A - January 25, 2010
- ^Budde, Andrea (May 30, 2012). 'Generac named among top workplaces in area'. Living Lake Country. Retrieved 28 July 2013.CS1 maint: discouraged parameter (link)
- ^Product of the Year 2010 Winners | Plant Engineering
- ^'Generac Power Systems Earns Good Housekeeping Seal'. Rental Equipment Register magazine. May 15, 2009. Retrieved 28 July 2013.CS1 maint: discouraged parameter (link)
- ^'GENERAC POWER SYSTEMS EARNS FROST & SULLIVAN'S COMPANY OF THE YEAR AWARD'. Generac Power Systems, Inc.
- ^Generac Industrial Power, Fiat Powertrain Technologies Announce Strategic Partnership for Diesel Engines Supply | Business Wire
External links[edit]
| Wikimedia Commons has media related to Generac Power Systems. |
- Business data for Generac Holdings:
We are now processing all of our orders through our shopping cart located at www.motorsnorkel.com. We are currently in the process of updating all of the links on our site so that all purchases will be made through motorsnorkel.com. Our site has been online since 1995 and contains nearly 1000 pages, and each one has to be updated one at a time. Thank you for your patience as we update these links. If you are having trouble finding the correct kit for your engine, please use the 'Conversion Kit Finder' on the left or call us at 1-800-553-5608
Generac Generators
Change over any Generac Generator to run on propane or natural gas.
Propane and natural gas can save you time, money and aggravation.
Our do-it-yourself change over kits allow you to run your Generac gasoline generator on propane, natural gas, or all three. Your engine will last longer, start better in cold weather and even start next year when you go to use it in an emergency. The best part is, with one of our do-it-yourself kits you can change your engine from gasoline to propane or natural gas all by yourself.
Why use natural gas to power your generator?
Recognition[edit]
Generac is a recipient of Milwaukee Magazine's 'Best Places to Work' award for Southeastern Wisconsin.[11]
Generac's industrial sizing application, Power Design Pro, received silver in the 2010 Plant Engineering 'Product of the Year' award.[12]
The company has also earned the Good Housekeeping Seal for its Guardian Series home standby generators and several portable generators.[13]
Generac was honored with the 2014 Natural Gas Generator Company of the Year Award from Frost & Sullivan for its contribution to the North American natural gas generator set industry.[14]
Products[edit]
Generac manufactures gasoline-fueled, diesel-fueled and bi-fuel engine-driven power generation equipment, modular paralleling systems, automatic transfer switches and small engines.[6] The company supplies products to the industrial, commercial, and portable generator markets through many different distributors.In December 2009, Generac introduced Generac Industrial Power (a rebranding of its industrial products division) to include new engines, new enclosures, ergonomic changes and aesthetic changes. This included a partnership with Fiat Powertrain Technologies to supply Generac with industrial diesel engines for use in industrial generators.[15]
References[edit]
- ^Generac Power Systems - About Us
- ^Generac workers get a holiday surprise - JSOnline
- ^ abcdTom Daykin (November 7, 2011), 'Generac to add over 400 jobs at Wisconsin plants', Milwaukee Journal Sentinel, JSOnline
- ^ abHQ may now be based in Genesee, Wisconsin according to more recent publication: Jeff Engel (October 29, 2012), 'Hurricane Sandy puts Wisconsin generator makers into overdrive', Milwaukee Business Journal, bizjournals.com, retrieved October 30, 2012CS1 maint: discouraged parameter (link)
- ^Financial Statements for Generac Holdings Inc. - Google Finance
- ^ abc'Generac Holdings Inc (GNRC.N) Company Profile – Reuters.com'. Reuters.
- ^ abcdefghi2010 Generac Holdings Annual report
- ^American Bar Association. Section of Antitrust Law (1999). Annual review of ... antitrust law developments. Section of Antitrust Law, American Bar Association. Retrieved 30 December 2011.CS1 maint: discouraged parameter (link)
- ^'United States Court of Appeals, Seventh Circuit No.97-1404'. Archived from the original on 2010-05-17. Retrieved 2010-03-19.
- ^GENERAC HOLDINGS INC. - FORM S-1/A - January 25, 2010
- ^Budde, Andrea (May 30, 2012). 'Generac named among top workplaces in area'. Living Lake Country. Retrieved 28 July 2013.CS1 maint: discouraged parameter (link)
- ^Product of the Year 2010 Winners | Plant Engineering
- ^'Generac Power Systems Earns Good Housekeeping Seal'. Rental Equipment Register magazine. May 15, 2009. Retrieved 28 July 2013.CS1 maint: discouraged parameter (link)
- ^'GENERAC POWER SYSTEMS EARNS FROST & SULLIVAN'S COMPANY OF THE YEAR AWARD'. Generac Power Systems, Inc.
- ^Generac Industrial Power, Fiat Powertrain Technologies Announce Strategic Partnership for Diesel Engines Supply | Business Wire
External links[edit]
| Wikimedia Commons has media related to Generac Power Systems. |
- Business data for Generac Holdings:
We are now processing all of our orders through our shopping cart located at www.motorsnorkel.com. We are currently in the process of updating all of the links on our site so that all purchases will be made through motorsnorkel.com. Our site has been online since 1995 and contains nearly 1000 pages, and each one has to be updated one at a time. Thank you for your patience as we update these links. If you are having trouble finding the correct kit for your engine, please use the 'Conversion Kit Finder' on the left or call us at 1-800-553-5608
Generac Generators
Change over any Generac Generator to run on propane or natural gas.
Propane and natural gas can save you time, money and aggravation.
Our do-it-yourself change over kits allow you to run your Generac gasoline generator on propane, natural gas, or all three. Your engine will last longer, start better in cold weather and even start next year when you go to use it in an emergency. The best part is, with one of our do-it-yourself kits you can change your engine from gasoline to propane or natural gas all by yourself.
Why use natural gas to power your generator?
If you have Natural gas available you would certainly agree that it is probably the most dependable fuel on earth. It seems that other than a severe earthquake, natural gas is always there. It does not gum up or go stale like gasoline.
Why use propane to power your generator?
If you have propane available you probably know you can store propane for years. It does not gum up, go bad, or pollute the air like gasoline does. Use the little bar-b-q grill type cylinders as shown above or up to the 1000 gallon ASME tanks.
Are All Generac Generator Keys The Same Thing
Here are many more of the benefits, and they are overwhelming:
- Our conversion kits will provide the same power as gasoline.
- Propane and Natural Gas Do not Gum up or go bad.
- Longer, uninterrupted run times!
- Connect to big tanks or to your natural gas pipe line.
- Running out under load is hard on a generator so your generator will last longer.
- Clean burning Alternate fuel will help your engine life.
- All gasoline carburetors have a Dirty Port that shortens the life of an engine.
- Propane and Natural Gas burns clean so they are better for the environment.
Choose your Generac Generator Model from the list below:
ORDERING & QUESTIONS
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Are All Generac Generator Keys The Same Name
Are All Generac Generator Keys The Same Number
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Are All Generac Generator Keys The Same Size
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