The company has closed the purchase agreement for Baldor’s generator products division.
Kelly Generator & Equipment, Inc. has announced that Generac has closed the purchase agreement with Baldor Electric Company, a wholly-owned subsidiary of ABB Group, to acquire substantially all of the assets of Baldor’s generator products division.
This purchase greatly expands the capability of Generac and Kelly Generator & Equipment, Inc. First from the simplest perspective, it now expands Generac’s product offering drastically; 1.) It increases the diesel powered single engine capabilities from 600 kW to 2 MW and 2.) It expands the industrial towable product offering through 500 KVA. For the first time it provides a prime power offering in both diesel through 350 kW and natural gas through 323 kW. This provides, Kelly Generator & Equipment with the products and services that the Marcellus Shale and Utica Shale markets require throughout PA and WV. Secondly, the Baldor units can be used with traditional paralleling switchgear systems. We have numerous vendors that supply products to KG&E, Inc. that manufacture traditional paralleling switchgear systems like ASCO, GE-Zenith and Russ Electric, just to name 3 of the bigger players.