Generac sees sales sag in 1Q 2011

Generac, Waukesha, Wis., reported mixed first-quarter results. Its total net sales decreased year-over-year by 5.2 percent to $124 million as compared to $130.7 million in the first quarter of 2010, but its commercial and industrial sales were up 15.6 percent year-over-year growth.

“Our first quarter 2011 results were impacted by headwinds in our residential markets, partially offset by improving demand in our Commercial & Industrial markets,” said Aaron Jagdfeld, president and CE

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