Call Us! 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] The company supplies products to the industrial, commercial, and portable generator markets through many different distributors. Generac Holdings Inc. (NYSE: GNRC), a leading designer and manufacturer of generators and other engine powered products, announced today the signing of a purchase agreement to acquire the equity of Tower Light Srl and its wholly-owned subsidiaries from European private equity fund Ambienta I, advised by Ambienta SGR, and a group of minority-share investors. Generac's power systems range in output from 800 watts to 9 megawatts, and are available through independent dealers, retailers and wholesalers. Generac Holdings is a leading manufacturer of engine-driven stationary standby and portable generators for residential, commercial, and industrial applications. I have nearly $600,000 in student debt after getting four college degrees. Financial terms of the transaction were kept under wraps. ... (both are subsidiaries of Generac Holdings, Inc.). In June 1996, Caterpillar decided to terminate the private labeling agreement. This browser is no longer supported at MarketWatch. This included a partnership with Fiat Powertrain Technologies to supply Generac with industrial diesel engines for use in industrial generators. Mr. Ragen previously was Controller & Vice President at APW Ltd. Mr. Ragen received an undergraduate degree from the University of Wisconsin-Whitewater. Generac Holdings Inc. (“Generac” or the “Company”) (NYSE: GNRC) today announced the signing of an agreement to acquire Enbala Power Networks Inc. (“Enbala”), a leading distributed energy resources technology company. Can I still buy a home. Log in to see them here or sign up to get started. Registrant’s telephone number, including area code. Generac Holdings Inc. Moody's Investors Service Results 1 - 4 Of 4 Page 1 Of 1 6 The rating history for this credit rating accurately reflects the current status of the (sf) indicator but, due to technical limitations, does not accurately reflect the (sf) indicator history. It offers standby generators, and portable and mobile generators for a variety of applications. Historical and current end-of-day data provided by FACTSET. Generac Holdings Inc. (Generac) is a Delaware corporation that was founded in 2006. Contacts. Generac is headquartered in Waukesha, Wisconsin, and has … [11], Generac's industrial sizing application, Power Design Pro, received silver in the 2010 Plant Engineering "Product of the Year" award. Copyright © 2021 MarketWatch, Inc. All rights reserved. ... Inc,. Privacy Notice, and Generac Power Systems, Inc., or Generac Power Systems, our principal operating subsidiary, is a Wisconsin corporation, which was founded in 1959 to market a line of affordable portable generators that offered superior performance and features. [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] 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. [6] Generac is headquartered in Waukesha, Wisconsin,[3][4] and has manufacturing facilities in Berlin, Oshkosh, Jefferson, Eagle, and Whitewater; all in Wisconsin. Find help here or contact us – we’re available 24 hours a day, 365 days a year. View Generac Holdings Inc. contracts and agreements from SEC filings. Generac Holdings Inc. individual insider activity by MarketWatch. By using this site you agree to the 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. Generac Holdings Inc designs and manufactures power generation equipment and other engines- powered products serving residential, commercial, oil, gas, and other industrial markets. Generac management will h… Intraday Data provided by FACTSET and subject to terms of use. 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. Visit a quote page and your recently viewed tickers will be displayed here. The shares are currently trading at $246.29. Cookie Notice. GNRC - key executives, insider trading, ownership, revenue and average growth rates. [9] Generac continued to supply some transfer switches to Caterpillar until 2002, when Caterpillar changed suppliers. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Something went wrong while loading Watchlist. State or Other Jurisdiction of Incorporation. Including company executives, business partners, clauses and more. Americans are losing confidence in the housing market as COVID-19 pandemic rages on. Generac Holdings, Inc. engages in the design and manufacture of power generation equipment and other power products. Generac's residential generator products provide emergency standby power for homes. Generac Power Systems, Inc. Wisconsin, U.S : Magnum Power Products, LLC : Wisconsin, U.S: Warehouse Development Group LLC : Wisconsin, U.S. Generac Acquisition Corp. Delaware, U.S: MAC, Inc. Delaware, U.S: Powermate, LLC : Delaware, U.S: MAC Holdings, LLC : North Dakota, U.S Presently, York Anthony Ragen holds the position of Chief Financial & Accounting Officer at Generac Holdings, Inc. and Secretary & Director at Generac Holdings UK Ltd. and Secretary & Director at Generac Global UK Ltd. (both are subsidiaries of Generac Holdings, Inc.). [14], Generac manufactures gasoline-fueled, diesel-fueled and bi-fuel engine-driven power generation equipment, modular paralleling systems, automatic transfer switches and small engines. Stock analysis for Generac Holdings Inc (GNRC:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Aaron Jagdfeld was appointed president and chief executive officer in September, 2008 and is the current CEO. The Domestic segment includes the legacy Generac, and the impact of acquisitions that are based in the United States. Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its third quarter financial results before the market opens on Wednesday, October 28, 2020. [10] [7], Founded by Robert Kern in 1959, the company soon began producing portable generators for Sears, Roebuck and Co. under the Craftsman brand. For the best MarketWatch.com experience, please update to a modern browser. GNRC Dividend History & Description — Generac Holdings Inc. Generac Holdings designs and manufactures energy technology solutions. (262) 544-4811. [12], The company has also earned the Good Housekeeping Seal for its Guardian Series home standby generators and several portable generators. Generac Holdings Inc GNRC Morningstar%2c Inc. 4 days ago. PG&E Corp., the California utility giant forced into bankrupt 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. 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. Generac Holdings Inc. (Generac) is a designer and manufacturer of power generation equipment and other engine powered products. Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing oblig Have Watchlists? List of Subsidiaries of Generac Holdings Inc. 1. [8] The federal district court, in two separate orders, disposed of the action in Caterpillar's favor. Co. provides power generation equipment, energy storage systems, and other power products serving the residential, light commercial and industrial markets. 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. Detailed company description & address for Generac Holdings Inc.. Find the latest Generac Holdlings Inc. (GNRC) stock quote, history, news and other vital information to help you with your stock trading and investing. Generac Holdings Inc. GNRC recently announced that it has signed an agreement to acquire Motortech Holding GmbH & Co. KG. All quotes are in local exchange time. 888-GENERAC (888-436-3722) Generac Power Products offers the most reliable, durable, and efficient generators and power equipment with factory direct prices and fast, direct shipping. In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. 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. The Domestic segment includes the legacy Generac, and the impact of acquisitions that are based in the United States. Generac Power Systems, Inc., a Wisconsin corporation [6] Generac's power systems range in output from 800 watts to 9 megawatts,[7] and are available through independent dealers, retailers and wholesalers. [7], In late 2006, Generac was purchased by CCMP Capital of New York. Intraday data delayed at least 15 minutes or per exchange requirements. Somos una compañía global innovadora, líder en la industria, que diseña, fábrica y distribuye productos, servicios y soluciones eléctricas altamente confiables y accesibles. Generac Holdings Inc. company facts, information and financial ratios from MarketWatch. It operates through the following segments: Domestic and International. [15], Generac workers get a holiday surprise - JSOnline, "Generac to add over 400 jobs at Wisconsin plants", "Hurricane Sandy puts Wisconsin generator makers into overdrive", Financial Statements for Generac Holdings Inc. - Google Finance, "Generac Holdings Inc (GNRC.N) Company Profile – Reuters.com", "United States Court of Appeals, Seventh Circuit No.97-1404", GENERAC HOLDINGS INC. - FORM S-1/A - January 25, 2010, "Generac named among top workplaces in area", Product of the Year 2010 Winners | Plant Engineering, "Generac Power Systems Earns Good Housekeeping Seal", "GENERAC POWER SYSTEMS EARNS FROST & SULLIVAN'S COMPANY OF THE YEAR AWARD", Generac Industrial Power, Fiat Powertrain Technologies Announce Strategic Partnership for Diesel Engines Supply | Business Wire, https://en.wikipedia.org/w/index.php?title=Generac_Holdings&oldid=981032255, Companies listed on the New York Stock Exchange, Electronics companies of the United States, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 29 September 2020, at 21:40. [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. The Generac Holdings Inc PE ratio based on its reported earnings over the past 12 months is 46.94. Generac Holdings Inc (GNRC:NYQ) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. Subsidiaries of the Registrant . Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] The initial public offering provided $224 million in net proceeds, which were used to pay down debt. Subscriber Agreement & Terms of Use, ?> Generac Holdings The Motley Fool 5 days ago. Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, oil and gas, and construction markets in the United States, Canada, and internationally. Generac Acquisition Corp., a Delaware corporation 2. Generac Holdings Inc. Michael W. Harris, (262) 544-4811 x2675 Vice President – Finance and Investor Relations Michael.Harris@Generac.com Other residential products include portable generators, power washers, and outdoor power equipment. View the latest news on GNRC company insiders for their impact on company performance. Create a list of the investments you want to track. We are committed to providing you with customer and technical support to ensure peace of mind and dependable service for your Generac product. Generac Power Systems, Inc. produces and distributes power equipment. There are currently no items in this Watchlist. [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]. Generac Power Systems General Information Description. [7], Generac is a recipient of Milwaukee Magazine’s “Best Places to Work” award for Southeastern Wisconsin. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Generac Holdings Inc. Michael W. Harris, 262-544-4811 x2675 Vice President – Finance Michael.Harris@Generac.com Contacts Generac Holdings Inc. Michael … Ragen previously was Controller & Vice President – Finance Michael.Harris @ Generac.com Contacts Generac Holdings Inc. GNRC recently that... 'S power systems range in output from 800 watts to 9 megawatts, and Cookie.! Are based in the United States private labeling agreement Caterpillar decided to terminate the labeling. 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