LOGO
LOGO

Corporate News

Generac To Acquire Enercon Engineering

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Generac Holdings Inc. (GNRC) on Thursday said it has agreed to acquire Enercon Engineering Inc., expanding its manufacturing capabilities for generator enclosures and switchgear.

Founded in 1975 and based in East Peoria, Illinois, Enercon designs and manufactures custom power equipment and industrial enclosures for high-reliability applications. The company operates a 160,000-square-foot manufacturing facility and employs more than 120 people.

Generac said the acquisition will strengthen its Commercial & Industrial segment and enhance its ability to serve hyperscale and enterprise data center markets, where demand for backup power is expected to grow as global data center capacity expands.

The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.