Generac Holdings Inc.
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in mil. unless spec.Company Description
- CEO
- Aaron Paul Jagdfeld
- Full Time Employees
- 9,400
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- S45 W29290 Highway 59 Waukesha WI United States 53189
- IPO Date
- Feb 11, 2010
- CIK
- 0001474735
- Website
- generac.com
- Similar Companies
- Business
- Generac Holdings Inc. is a prominent global innovator, designer, and producer of advanced energy technology solutions and a diverse array of power products. The company serves residential, light commercial, and industrial sectors across the world. Generac's comprehensive portfolio includes essential components like engines, alternators, batteries, sophisticated electronic controls, and robust steel enclosures. For homes, Generac provides a broad selection of automatic standby generators, utilizing both air-cooled and liquid-cooled engines, with outputs ranging from 7.5kW to 150kW. These systems are complemented by Mobile Link, a remote monitoring solution, and a suite of portable generators spanning from 800W to 17.5kW. The company also offers outdoor power equipment such as pressure washers, water pumps, trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, and lawn and leaf vacuums. Furthermore, Generac is a key player in clean energy, offering residential battery storage systems under brands like PWRcell and PWRcell 2, along with smart energy management tools such as PWRview and PWRmicro solar inverters, and smart home solutions. The company also has an investment in smart electric vehicle (EV) charging solutions. In the commercial and industrial spheres, Generac manufactures light-commercial standby generators from 22kW to 150kW, complete with transfer switches for small and mid-sized businesses, as well as robust industrial generators delivering 10kW to 9MW for critical applications in healthcare, telecommunications, data centers, commercial offices, retail, municipal, and manufacturing facilities. Their industrial offerings also encompass light towers, mobile generators, commercial mobile pumps, dust-suppression equipment, and mobile energy storage systems. A strategic focus on the high-growth data center market positions Generac for significant expansion, providing both diesel and natural gas generators. The company's advanced power grid software platforms, like Concerto, are designed for controlling distributed energy resources and contributing to a smarter, more resilient grid. Generac distributes its products through an extensive network that includes independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce platforms, electrical, HVAC, and solar wholesalers, as well as equipment rental companies and solar installers. The company, which also supplies aftermarket service parts and product accessories, was founded in 1959 and maintains its headquarters in Waukesha, Wisconsin. Their commitment to innovation and market leadership in residential standby generators, coupled with strategic diversification into clean energy and smart home integration, underscores their "Powering A Smarter World" strategy. The company reported net sales of $4.296 billion for the full year 2024.
Company News
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