StockNews.AI
GNRC
StockNews.AI
36 days

Generac Holdings Marks Record Year for "Power Up With Purpose" Initiative

1. Generac raised $94,000 for ToolBank Disaster Services in 2025. 2. The funds will equip a mobile disaster-response tool trailer. 3. Generac surpassed a $50,000 fundraising goal at Summerfest. 4. The initiative underscores Generac's commitment to disaster response. 5. Generac's fundraising total reached $233,078 since the program's launch.

6m saved
Insight
Article

FAQ

Why Bullish?

Generac's successful fundraising shows strong community engagement and positive public sentiment, enhancing brand reputation. Similar past initiatives have correlated with stock price positivity following enhanced corporate social responsibility efforts.

How important is it?

The article highlights Generac's ongoing commitment to community support, enhancing brand reputation and potential sales, translating into future investor confidence.

Why Short Term?

With immediate fundraising success and public awareness, positive impacts may be seen in stock performance soon, similar to past campaigns that bolstered company image rapidly.

Related Companies

N/A
Nearly $100,000 Raised for ToolBank Disaster Services in 2025 , /PRNewswire/ -- Generac Holdings (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, reported a record-breaking year for its "Power Up With Purpose" fundraising initiative, reaching $94,000 in support of ToolBank Disaster Services. The funds raised will purchase and equip a mobile disaster-response tool trailer for the non-profit organization. ToolBank Disaster Services deploys tool-equipped trailers staffed by skilled personnel to assist volunteers with cleanup and rebuilding efforts at no cost to communities affected by natural disasters. "Thanks to support from Generac, we can continue to bring the tools to any location in the continental United States, Hawaii, and Puerto Rico," said Trey Bearden, CEO of ToolBank USA. "With extreme weather events on the rise, we are more prepared to serve the servers with the right tools for the job. If we did not have opportunities like this and partners like Generac, our capacity to respond would be limited." The "Power Up with Purpose" initiative launched in 2023 as a way for Generac to give back to its local community. The program is possible through the sale of "Power Up with Purpose" pit passes at the Generac Power Stage with Miller High Life at Summerfest and Generac fundraising. Since its inception, the program has raised $233,078 dollars with funds donated to a different charity each year. "This is the most money raised in a single year through the Power Up with Purpose initiative," said Tami Garrison, Senior Director of Social Responsibility at Generac. "This year's partnership with ToolBank is particularly meaningful because it expands Generac's longstanding role in disaster response by helping communities rebuild both physically and economically in the wake of severe weather events." Generac surpassed its fundraising goal of $50,000 by the second week of Summerfest, which had a three-weekend run from June 19 to July 5. Summerfest, located in Generac's home state of Wisconsin, is one of the most iconic celebrations of music in America, hosting the industry's biggest acts for an unforgettable live music experience. Over the three weekends of Summerfest, the Generac Power Stage welcomed a variety of artists including the Plain White T's, Motion City Soundtrack, The Head and the Heart and The Psychedelic Furs. About Generac Generac is a total energy solutions company that empowers people to use energy on their own terms. Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. The company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products serving the residential, light commercial, and industrial products markets. Generac introduced the first affordable backup generator and later created the automatic home standby generator category. The company continues to expand its energy technology offerings for homes and businesses in its mission to Power A Smarter World and lead the evolution to more resilient, efficient, and sustainable energy solutions. Media Contact: Jonathan Stern[email protected] | (312) 402-7167 SOURCE Generac Power Systems, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News