Thursday, October 20, 2022

The Wales, WI 'Barn Company'

Founded in a barn in Wales, WI., Generac is a bit bigger these days.

...this company makes real products –power generators including standby units for the residential market – and it has real revenues and profits. It has been around forever and went public via an IPO in 2010. Since 2017, revenues, aided by numerous acquisitions, roughly doubled to $3.7 billion in 2021...
In Days of Yore, I was responsible for operating one of their car-starting products which was bolted to the bed of the company pickup truck.  It was quite a machine; hook it to a dead battery in -30 degree weather and it would spin the car's engine at (seemingly) 2,000 RPM.  It never failed to start a car.

They still make very good stuff.  

I suspect that the whole-house natgas-fired gen sets are going to be a very large portion of their business in the next few years.  Get one while you can.

1 comment:

  1. We have their generator for our home in Adams County which we've used pretty often. Always works and keeps us safe and warm.

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