Generac (NYSE: GNRC) — Company Overview, News & Financial Data
Generac specializes in power generation equipment and energy storage systems, focusing on innovative and sustainable technologies.
Generac
Generac is a manufacturer of backup power generation equipment and energy management technology for residential, commercial, and industrial markets. Founded in 1959, the company produces home standby generators, portable generators, commercial and industrial power systems, solar battery storage solutions, energy management controls, smart thermostats, and electric vehicle chargers. Its manufacturing and distribution networks serve customers across North America and international markets through a global network of independent dealers, wholesale distributors, retailers, and direct service channels. The business operates principal manufacturing, assembly, and administrative facilities in Wisconsin and other select global locations.
Snapshot
Operations
Products and/or services of Generac
- Residential Standby Generators: Stationary backup power generators installed permanently outside homes that automatically supply electricity during utility grid outages. Systems run on natural gas or liquid propane and interface with automatic transfer switches to restore residential power within seconds.
- Commercial and Industrial Power Systems: Heavy-duty diesel, gaseous, and bi-fuel generator systems designed to supply continuous, prime, or emergency standby power for data centers, healthcare facilities, telecom infrastructure, manufacturing plants, and municipal utilities.
- Portable and Mobile Power Equipment: Engine-powered portable generators, towable mobile light towers, and mobile power units engineered for job sites, emergency response operations, outdoor recreational events, and general home backup and maintenance utility tasks.
- Solar Battery Storage and Energy Management: Integrated clean energy systems comprising solar inverters, lithium-ion battery storage units, microinverters, and energy management software that enable homeowners to store self-generated solar electricity and optimize power consumption.
- Smart Home Energy Devices: Connected smart thermostats and home automation hardware that monitor energy usage, optimize heating and cooling efficiency, and integrate with residential power monitoring systems for automated load management.
- Electric Vehicle Charging Infrastructure: Residential electric vehicle charging equipment and installation hardware designed for residential integration, offering smart connectivity features and load-management coordination with broader home energy storage and generation systems.
Generac executive team
- Mr. Aaron P. JagdfeldChairman, President & CEO
- Mr. York A. RagenChief Financial Officer
- Mr. Erik WildePresident of Domestic C&I
- Mr. Kyle Andrew RaabePresident of Consumer Power
- Mr. Norman P. TaffePresident of Energy Technology
- Kris RosemannDirector of Corporate Finance & Investor Relations
- Mr. Talal ButtChief Information Officer
- Mr. Rajendra Kumar Kanuru J.D.Executive VP, General Counsel & Secretary
- Ms. Amanda TederChief Marketing Officer
- Ms. Rhonda MatschkeExecutive Vice President of Human Resources