Established in 1983 and headquartered in Bismarck, ND, with approximately 100 employees, MAC is a leading manufacturer of premium-grade commercial and industrial heaters within the U.S. and Canada. MAC primarily serves the oil and gas and construction markets, as well as other industrial sectors through national equipment rental companies and independent dealers. Its products include a line of flameless, indirect-fired and hydronic surface heaters.
“The acquisition of MAC is an exciting development for Generac as it further expands our growing mobile products platform by adding a strong brand of industrial heaters and increases our access to the projected long term up-cycle in the oil and gas market,” said Aaron Jagdfeld, President and Chief Executive Officer. “In addition to gaining immediate access to a broad lineup of mobile heating equipment that is essential to colder climate oil and gas and construction sites, this acquisition creates cross-selling opportunities with our existing mobile products platform.”
“We’ve worked hard to build MAC into a great company and we believe that partnering with Generac best positions our organization for continued growth,” said Michael Seifert, President and CEO of MAC, Inc. “We are excited to be joining the Generac team and we see many opportunities ahead for both companies as a result of this transaction.”
MACs’ management team will continue to lead the company and the MAC product brand will be retained and will join Generac's family of brands. The purchase price and terms of the transaction were not announced.