![]() The recall applies to 32 different models sold at almost every major generator retailer and includes units sold as far back as 2013. The Consumer Product Safety Commission reported that Generac received eight reports involving seven amputations and one crushed finger. The issue causing the recall was an unlocked handle that pinched consumer’s fingers against the frame when the generator was moved. Generac’s claim to focus on the technology was challenged recently with the recall of more than 321,000 portable generators. waukesha-based-generac-acquires-chilicon-solar-power-tech-company/7874479002/ They acquired Pika Energy, a solar company and Generac Power Systems is acquiring Chilicon Power, a California-based solar technology company. Generac has moved into the solar technology field, as well. Their claim was the company’s people, especially technical people, and its diverse group of customers was as important as the financial aspect. Generac’s focused on net sales and cash flow in their investor presentation. ![]() Generac employs about 5,700 with business in over 150 countries.īriggs’ investor presentation had a heavy focus on dividend yield, market cap, earnings per share and other financial measures. Generac’s share price at the time of the bankruptcy filing was $180, up from $13 when it went public in 2010. However, Generac did not pursue its interest in acquiring any of Briggs & Stratton by the end of August (2020) deadline.īriggs & Stratton’s bankruptcy filing came as the result of a financial decision to pay executives more than $5 million in bonuses instead of making a $6.7 million interest payment on debt.īriggs employs about 5,000 people worldwide. The feud between the neighboring companies, with headquarters just 20 miles apart, is a result of two philosophies of business: one has a commitment to technology and innovation the other a desire to expand their market share and sell to new customers. Troubles between Generac and Briggs & Stratton were reported in August, 2020, when Generac Power Systems filed to acquire some Briggs & Stratton Corporation product lines following B&S’s July filing for Chapter 11 bankruptcy protection. 13211 Veterans Memorial Hwy, Douglasville, GA 30134 Address 77 Call Us. Home Backup Generator Maintenance Tips The experts at Generac have provided a few maintenance tips to keep your generator operating properly and at optimal efficiency. Anderson Power Services sells Generac Generators in Georgia, Florida, Alabama, and throughout the Southeastern United States. It states that the engines are built on-site by Generac at its Whitewater factory, although there is conflicting information that some engines are produced in China, where Briggs & Stratton has a plant. Generac products are available through a nationwide network of dealers, retailers, and e-commerce providers. One may wonder with all the players over the years who contributes to the engines for Generac generators? In a quote from their Portable Generator FAQs, their engines are made by Generac Power Systems, a manufacturing company with facilities in Eagle and Whitewater, Wisconsin. ![]()
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