WAUKESHA, WI (WTAQ) - Business is great for a Waukesha company that makes backup electric generators.
Generac Holdings reports a 45 percent sales increase from the same time a year ago.
The firm had sales of almost $347 million from April through June, up from $239 million in the same quarter of 2012.
Profits totaled $28 million, or 40 cents a share. That’s about triple the profits from last year at this time.
Generac said more homes are getting standby electric generators – and there’s been a sales increase in certain commercial and industrial markets.
The company’s distribution has also grown.
Generac continues to benefit from the favorable publicity it has received for providing backup generators to victims of Hurricane Sandy and others.