We have appointed David Gray as our new sales manager
A keen footballer, David will kick off in his new role at the beginning of May and is ready to tackle the increasing demand for our products in the UK. His goal is to ensure that Generac remain at the forefront of the site lighting market. David has a wealth of experience in the commercial tower light industry and in the recent past held a managerial position with a leading Scottish independent plant hire organization.
David will continue to be based north of the border, but will travel throughout the UK, promoting Generac’s range of lighting sets and ancillary equipment.
Commenting on this appointment, Nikolas Luketic said, “I am delighted to welcome David to UK sales team, his experience in the promotion of lighting machinery and his knowledge of the UK hire markets, will add a new dimension as we seek to expand our operations.”
David takes up his role with immediate effect.Feb 182016
Generac Mobile Products launches new Mini DF Duo, an indoor dust control unit with a range from 5 to 8 m and a 70 liter water tank providing an operating time up to 5 hours and 18 min, ideal for asbestos removal.Feb 172016
This portable, easy handling, dust control unit weights only 70 kg and is designed for indoor works on buildings sites. Unstoppable weapon against dust, it is characterized by the presence of a "satellite", a second unit which allows two dust suppression points for a total distance of 15 m between them.
Used together or separately, they are ideal in particular for asbestos removal, because Mini DF due hasn't any fan, so it doesn't blow asbestos dust around during removal. Thanks to the double water spray units, this small nebuilizer can be also used in those construction sites where the asbestos removal station stays outside the area of asbestos removal, while only the satellite is placed in the area.
For more information, please contact us.
Acquisition creates a major player in the global power generation market
Waukesha, Wisconsin, (February 15, 2016) – Generac Holdings Inc. (NYSE: GNRC) (“Generac”), a leading designer and manufacturer of power generation equipment and other engine powered products, announced today the signing of an agreement to acquire a majority share of PR Industrial S.r.l and its subsidiaries, owner of the Pramac® brand (collectively Pramac). The transaction is expected to close prior to the end of the first quarter of 2016.
Founded in 1966 by the Campinoti family and headquartered in Siena, Italy, Pramac is a leading manufacturer of stationary and mobile generators for a variety of commercial and industrial applications primarily sold under the Pramac® brand, as well as portable generators used for numerous residential, light construction and recreational purposes. The company also has a line of material handling equipment sold under the Lifter® brand. Selling into over 150 countries through a broad distribution network, Pramac employs over 600 people across its four manufacturing plants and 14 commercial branches worldwide.
“Acquiring a majority share of Pramac will be a great strategic fit for Generac as we build out our power generation business around the globe,” said Aaron Jagdfeld, President and Chief Executive Officer. “This acquisition will dramatically increase our global presence by adding product, manufacturing and distribution capabilities that serve local markets around the world. In addition to creating global opportunities for our existing product lines, this transaction should also generate meaningful cost synergies as we leverage our combined sourcing and manufacturing capabilities across the world.”
“This is a very exciting transaction for Pramac, as the combination of both companies creates a major player in the global power generation market,” said Paolo Campinoti, Chief Executive Officer of Pramac. “We are pleased to join the Generac family and look forward to continued success as we work together to execute on potential synergies, while driving global growth for our products.” Paolo Campinoti will remain a key shareholder of Pramac and, along with the company’s management team, will continue to lead the Pramac business as CEO going forward.
Since 1959, Generac has been a leading designer and manufacturer of a wide range of power generation equipment and other engine powered products. As a leader in power equipment serving residential, light commercial, industrial, oil & gas, and construction markets, Generac's power products are available globally through a broad network of independent dealers, distributors, retailers, wholesalers and equipment rental companies, as well as sold direct to certain end user customers.
Pramac, established in 1966 by the Campinoti family, produces and sells power generation systems and material handling equipment primarily under the Pramac® and Lifter® brands. The company, which is headquartered in Siena, Italy, has a full range of stationary, mobile and portable power generation equipment up to 3,360 kVA that are sold through a broad distribution network across the world. For more information, go to www.Pramac.com.
Certain statements contained in this news release, as well as other information provided from time to time by Generac Holdings Inc. or its employees, may contain forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Forward-looking statements give Generac's current expectations and projections relating to the company's financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "forecast," "project," "plan," "intend," "believe," "confident," "may," "should," "can have," "likely," "future," “optimistic” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.
Any such forward looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the company's control) and assumptions. Although Generac believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Generac's actual financial results and cause them to differ materially from those anticipated in any forward-looking statements, including:
• frequency and duration of power outages impacting demand for Generac products;
• availability, cost and quality of raw materials and key components used in producing Generac products;
• the impact on our results of possible fluctuations in interest rates and foreign currency exchange rates;
• the possibility that the expected synergies, efficiencies and cost savings of our acquisitions will not be realized, or will not be realized within the expected time period;
• the risk that our acquisitions will not be integrated successfully;
• difficulties Generac may encounter as its business expands globally;
• competitive factors in the industry in which Generac operates;
• Generac's dependence on its distribution network;
• Generac's ability to invest in, develop or adapt to changing technologies and manufacturing techniques;
• loss of key management and employees;
• increase in product and other liability claims or recalls; and
• changes in environmental, health and safety laws and regulations.
Should one or more of these risks or uncertainties materialize, Generac's actual results may vary in material respects from those projected in any forward-looking statements. A detailed discussion of these and other factors that may affect future results is contained in Generac's filings with the U.S. Securities and Exchange Commission (“SEC”), particularly in the Risk Factors section of our 2014 Annual Report on Form 10-K and in its periodic reports on Form 10-Q. Stockholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements.
Any forward-looking statement made by Generac in this press release speaks only as of the date on which it is made. Generac undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
SOURCE: Generac Holdings Inc.
Michael W. Harris
Vice President – Finance
(262) 544-4811 x2675
We have recently completed the development of an exciting, fresh and truly innovative, tower light. This advanced lighting product has been carefully designed to integrate a series of forward-thinking features, each planned to provide operators with economical and safe lighting, whilst delivering serious environmental advantages.
Entitled the CUBE+, our engineers held up the existing and best-selling product, the Hydro Power Cube, as a blueprint for this brand new product. With flexibility the key component in the design of the CUBE+, we have given our clients the opportunity to customize and configure a lighting set in one complete package.
The CUBE+ can be fitted with 150, 230 or 300 watt LED lamps or 1000 watt Metal Halide, rising to a maximum lighting level of 148.000 Lumen with 300w LED, or 360.000 Lumen with Metal Halide lamps. For additional safety and security, all the LED lamps are powered by a low-voltage 24volt motor, meaning that any high voltages present are entirely excluded from the external cables. In addition, the LED drivers are protected inside the body frame and both LED and Metal Halide lamps are fitted onto a galvanized telescopic mast.
Departing from a traditional welded frame, the CUBE+ boasts a simple bolted arrangement which helps to guard against rusting, vibrations and wear - resulting in an elongated lifetime of use. Stabilization is further enhanced with four locking outriggers each embedded directly into the machine frame. This means that they cannot be opened, closed or removed without gaining the operators permission. The CUBE+ low noise output reduces noise pollution and its substantive 200-litre bunded fuel tank, results in lengthy running hours and protects against leakage and spillage. As a direct result of the CUBE+ compact dimensions and low weight, transportation costs will ultimately be lowered, as up 22 units can be transported on one single truck. Anti-vandal, lockable doors ensure continued safety for participants at outside events and festivals.
The owner/operator will benefit from easy maintenance, via access to 5 large doors (4 laterals and 1 on the top) allowing the operator’s maintenance teams to easily reach every inside component of the machine.
Flexibility and customization were the watchwords in the thinking behind the design of the CUBE+. The set has been conceived to accept four different types of engine. These include a diesel powered single-cylinder 3000 rpm engine, a twin-cylinder 1500 rpm engine or a powerful triple-cylinder 1500 rpm engine. To achieve optimum operation costs and to keep in line with environment sensitivities an operator can select the hybrid power option. This comprises of a battery pack and single-cylinder diesel engine and renders a running time of around 800 hours on one single tank of fuel. In addition, when the unit is operating via the battery pack, the CUBE+ has zero noise output and no carbon emissions. The special dry batteries can be recharged in less than 5 hours and have a 100% guaranteed charge/discharge cycle of more than 4000 hours.
The CUBE+ is managed via an individually designed control panel, exclusively produced by us. The GTL-01 panel is easy to understand and operate, whilst made to be safe and robust. The built-in generator produces a useful 5.0kVA of auxiliary power and has all the required protective features for safe operation.
Being powerful, flexible and aesthetically pleasing, we expect keen interest in the CUBE+ from a variety of market sectors including; construction, rental, highways and the outside event markets.Jan 132016
Generac Mobile Products is attending the Yellow Party Kiloutou, the Salon des Fournisseurs (Exhibition of Suppliers) held in Lille, France, from January 13th to 14th, 2016.
Generac Mobile Products has presented three of their best sales models in France: Hydro Power Cube Hybrid, VT1 4x300W LED, DF7500 dust control unit. At the booth there are Serge Bazin, sales manager for France, French territories, Belgium and the Netherlands, and Nabil Bejaoui, salesman and inside sales backoffice.
For more information, contact us.