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Founded by Robert Kern in 1959, the company soon began producing portable generators for Sears, Roebuck and Co. under the Craftsman brand. During the 1970s, Generac expanded its offerings in the portable and recreational vehicle markets, and in the 1980s the company entered the commercial and industrial markets with its backup power generation systems.
The resulting company is Strattec Security Corporation. In 2000, [4] the company acquired its consumer generator business from the Beacon Group and formed Briggs & Stratton Power Products. The Beacon Group had previously purchased the Consumer Products Division of Generac Corporation (now Generac Power Systems) in 1998.
ecobee is a Canadian-founded home automation company that makes smart thermostats, temperature, and occupancy sensors, smart light switches, smart cameras, and contact sensors. [2] They were acquired by the American company Generac Holdings in 2021.
For Generac, the leading provider of residential standby generators, fundamentals remained strong, but there was little to highlight from the quarter.” 8. Stanley Black & Decker, Inc. (NYSE: SWK )
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