Generac announces expansion into Australian market
GENERAC HOLDINGS INC. ("Generac"), a Waukesha, Wis.-based designer and manufacturer of generators and other engine-powered products, announced July 30 that it has signed an exclusive contract with Allpower Industries of Victoria, Australia, to sell and service Generac automatic home backup power systems and other products throughout Australia and New Zealand. "Expanding into new geographies is a key part of our Powering Ahead strategy,"
said Aaron Jagdfeld, CEO of Generac. "Power outages occur in Australia for many of the same reasons they occur in the U.S. — extreme weather, equipment failures, and construction accidents. It's not a matter of if a power outage will occur, it's when it will occur. Generac leads the market for home backup power in the U.S., and we're excited to partner with such a well-known and reputable company as Allpower and bring our expertise in emergency power generation to homeowners throughout Australia and New Zealand." Currently, the penetration of home standby generators in Australia and New Zealand
is minimal, with no manufacturer having any meaningful level of market penetration. Total single-family households are estimated to be 9.5 million by 2017. "This partnership is an excellent way to provide additional value to consumers
throughout Australia and New Zealand," said John Sinclair, CEO of Allpower. "Allpower prides itself on offering premium power equipment brands to our customers. Generac's reputation in the U.S. is second to none, and we're excited to help them expand their presence here." Allpower will also sell Generac portable generators, which can be used for emergency
power and do-it-yourself projects, as well as Generac power washers for homeowners who want to clean everything from outdoor furniture to brick and stone.
Wright announces design and manufacturing arrangement with Deere & Company
WRIGHT MANUFACTURING, INC. announced on Aug. 16 a design and manufacturing arrangement with Deere & Company. Beginning with the 2013 season, Wright is to
manufacture a range of best-in-class commercial stand-on mowers bearing the John Deere brand using Wright's patented technology. Deere will distribute and support the mowers through its worldwide network of independent dealers. Wright sees this effort as strengthening its company and dealers in the years ahead. Headquartered in Frederick, Md., Wright
Manufacturing, Inc. invented the stand-on lawn mower and manufactures stand-on, walk-behind and mid-mount zero-turn mowers that are distributed globally.
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