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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
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The global market for thermoelectric generators is estimated to be US$320 million in 2015 and US$472 million in 2021; up to US$1.44 billion by 2030 with a CAGR of 11.8%. [45] Today, North America captures 66% of the market share and it will continue to be the biggest market in the near future. [46]
Standby generators. A standby generator is a back-up electrical system that operates automatically. [1] Within seconds of a utility outage an automatic transfer switch senses the power loss, commands the generator to start and then transfers the electrical load to the generator. The standby generator begins supplying power to the circuits. [2]
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