Core Insights - Generac Holdings achieved a record fundraising total of $94,000 for ToolBank Disaster Services through its "Power Up With Purpose" initiative in 2025 [1][4] - The funds will be utilized to purchase and equip a mobile disaster-response tool trailer for ToolBank, which aids communities affected by natural disasters [2] - The "Power Up with Purpose" initiative has raised a total of $233,078 since its inception in 2023, with different charities benefiting each year [3] Fundraising Details - Generac surpassed its initial fundraising goal of $50,000 within the first two weeks of Summerfest, which took place from June 19 to July 5 [4] - The initiative is supported through the sale of "Power Up with Purpose" pit passes at the Generac Power Stage during Summerfest [3] - This year's partnership with ToolBank is significant as it enhances Generac's role in disaster response, aiding communities in recovery from severe weather events [4] Company Background - Generac is a leading global designer, manufacturer, and provider of energy technology solutions, founded in 1959 [6] - The company specializes in power generation equipment, energy storage systems, and energy management solutions for residential, light commercial, and industrial markets [6] - Generac aims to lead the evolution towards more resilient, efficient, and sustainable energy solutions [6]
Generac Holdings Marks Record Year for "Power Up With Purpose" Initiative