Generac Power Systems (NYSE: GNRC), a leading global designer and manufacturer of power generation equipment and other engine powered products, recently announced the opening of new regional corporate offices in Mexico. The new offices will serve as a business hub to consolidate Ottomotores and Selmac operations into one location.
“Our new regional offices will help Generac realize synergies with distributors and increase business opportunities in Latin America,” said Aaron Jagdfeld, president and chief executive officer of Generac. “Mexico is a strategic location within the region for Generac, and will serve as a bridge to the rest of Latin America and other international markets.”
The new offices are located in Mexico City, Mexico. More than 130 executive, administrative and commercial employees will work from the new location.
The consolidated regional office is the latest milestone in the integration of Selmac, acquired in 2018, and Ottomotores, acquired in 2012, into the Generac family of companies. The acquisition of the two brands made Generac the number one manufacturer of industrial and commercial generators in the region. One central regional office will pave the way for a more collaborative process and streamlining of essential business operations.
“Consolidating the two companies into one building will help us continue Generac’s momentum of growth in Latin America and internationally,” said Ricardo Navarro, senior vice president of Generac and president in Latin America. “The collaboration of Ottomotores and Selmac teams will improve customer service, make us more responsive to distributors, and more efficient internally.”For more information about the Generac, visit: www.generac.com.
Generac Power Systems, Inc. (NYSE: GNRC) is a leading global supplier of backup power and prime power products, systems and engine-powered tools. In 1959, our founder was committed to designing, engineering and manufacturing the first affordable backup generator. Fifty-nine years later, the same dedication to innovation, durability and excellence has resulted in the company’s ability to expand its industry-leading product portfolio into homes and small businesses, on job sites, and in industrial and mobile applications across the globe. Generac offers single engine backup and prime power systems up to 2 MW and paralleled solutions up to 100 MW, and uses a variety of fuel sources to support power needs for our customers. We are proud to be named, in back-to-back years, the Frost & Sullivan 2014 and 2015 North American Natural Gas Generator Set Company of the Year. Generac also hosts Power Outage Central, the definitive source of U.S. power outage data, at Generac.com/poweroutagecentral. For more information about Generac and its products and services, visit Generac.com.
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