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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
A generator using permanent magnets (PMs) is sometimes called a magneto, or a permanent magnet synchronous generator (PMSG). Armature: The power-producing component of an electrical machine. In a generator, alternator, or dynamo, the armature windings generate the electric current, which provides power to an external circuit.
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