- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
Generac to acquire Tank Utility Inc.
- September 20, 2021
- News Release
- Shop Management
Waukesha, Wis.-based Generac Holdings Inc., a global designer and manufacturer of energy technology systems and other power products, has signed a purchase agreement to acquire the shares of Tank Utility Inc., a provider of IoT propane tank monitoring that enables the optimization of propane fuel logistics.
Generac has been an early minority investor in Tank Utility for the past five years. Its propane-powered backup generators, battery storage, and home energy management offerings paired with Tank Utility’s monitoring and analytics can help dealers expand their expertise as total home energy advisers for homeowners and adapt to changing consumer demands for off-grid and backup capabilities, the company states.
“We are thrilled to be joining the Generac team and to have this opportunity to leverage Generac’s extensive footprint to broaden Tank Utility’s presence in the global marketplace,” said Amos Epstein, CEO/co-founder, Tank Utility. “With our deep experience in designing, building, and delivering data-driven IoT products across energy markets, we look forward to driving growth and building upon Generac’s existing connectivity strategies.”
The acquisition is expected to close in October 2021.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 05/14/2024
- Running Time:
- 62:12
Cameron Adams of Laser Precision, a contract metal fabricator in the Chicago area, joins the podcast to talk...
- Trending Articles
White House considers China tariff increases on materials
A visit to Automate 2024 reveals the future might be now
Majestic Steel Arkansas fully operational
Rivian to expand Illinois facility to manufacture midsized SUV
Why employee-owned companies make sense in manufacturing
- Industry Events
Laser Welding Certificate Course
- May 7 - August 6, 2024
- Farmington Hills, IL
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI
Precision Press Brake Certificate Course
- July 31 - August 1, 2024
- Elgin,