Generac Acquires Enercon Engineering to Enhance Generator Enclosure Manufacturing
Generac signed a definitive agreement to acquire Enercon Engineering, adding specialized manufacturing expertise in generator enclosures and switchgear to meet the need for backup power as global demand for data center capacity could more than triple by 2030. Founded in 1975 and headquartered in East Peoria, Illinois, Enercon designs and manufactures custom power equipment and industrial enclosures for high-reliability applications. The company's more than 120 employees operate a 160,000-square-foot manufacturing facility. Upon closing, Enercon will operate as "Enercon, a Generac company" under Generac's Domestic Commercial & Industrial Business Group. The current leadership team will continue to lead the business. Closing is subject to regulatory approvals and is anticipated in Q2.