Generac To Acquire Generator Business From Baldor Electric Company
Significant expansion of industrial product offering will increase Generac's addressable market.
Generac Holdings Inc. has announced the signing of a purchase agreement with Baldor Electric Company (“Baldor”), a wholly-owned subsidiary of ABB Group, to acquire substantially all of the assets of Baldor’s generator products division (“Baldor Generators”).
Located in Oshkosh, WI, Baldor Generators offers a complete line of portable, mobile, standby, and prime power generators ranging from 3k W to 2.5 MW throughout North America. For almost 50 years, Baldor Generators and its predecessors have served the power generation market with a comprehensive, reliable product offering and flexible operating environment.