Generac cuts its guidance for the year by $560 million but says customer demand is still strong

Last updated on October 19th, 2022 at 12:29 pmGenerac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity. The Town of Genesee-based company is still forecasting a 23% increase in sales for the year at the midpoint of its

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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