Your home standby generator is installed outside your home like a central A/C unit and runs on natural gas or liquid propane (LP), depending on what fuel source is available. All home standby solutions are designed to keep you safe, secure and comfortable in an outage. Contact online >>
Your home standby generator is installed outside your home like a central A/C unit and runs on natural gas or liquid propane (LP), depending on what fuel source is available. All home standby solutions are designed to keep you safe, secure and comfortable in an outage.
Generac offers systems prepackaged and pre-wired with comprehensive installation instructions. You could perform the simpler site preparation steps and have a professional make the electrical panel and fuel connections, or you could complete the entire installation yourself.
For safety reasons and to ensure adherence to all local, state and national electrical codes, particularly for non pre-wired or larger systems, Generac recommends you use an authorized Generac dealer or licensed contractor.
Get the power you need, when and where you need it. Generac’s portable power products let you take your power with you, wherever you want to go. From the smallest power inverters to 17,500 watt portable generators - among the largest available - Generac has the portable generator for your recreational needs.
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 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]
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]
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]
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]
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