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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.
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois.It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7]
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Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
A specific model of a generator operated as a standby generator may only need to operate for a few hours per year, but the same model operated as a prime power generator must operate continuously. When running, the standby generator may be operated with a specified - e.g. 10% overload that can be tolerated for the expected short running time.
Whether they're unprofitable, obsolete, or just poorly run, these nine companies are surprisingly still in business despite facing headwinds.
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