Generac Holdings Inc. (Generac) is a designer and manufacturer of a range of generators and other engine powered products for the residential, light commercial, industrial and construction markets. The Company designs, manufactures, sources and modifies engines, alternators, automatic transfer switches and other components necessary for its products. Its products are fueled by natural gas, liquid propane, gasoline, diesel and Bi-Fuel and are available through a range of network of independent dealers, retailers, wholesalers and equipment rental companies. It distribute its products through independent residential and industrial dealers, electrical wholesalers, national accounts, private label arrangements, retailers, catalogs, e-commerce merchants, equipment rental companies, equipment dealers and construction companies. In July 2013, Generac Holdings Inc announced the closing of the purchase agreement to acquire the equity of Tower Light Srl and its wholly owned subsidiaries.