Omicron, worker shortage disrupts US manufacturing [FOX Business Network]
Generac Holdlings Inc. (GNRC)
Last generac holdlings inc. earnings: 4/30 06:00 am
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Source: FOX Business Network
Generac Power Systems CEO Aaron Jagdfeld outlines the problems his company is facing, including more than 200 open positions and the need to increase wages. A generator manufacturer in Wisconsin is trying to balance more than 200 open positions and rising input costs as demand for its products continues to soar. Generac Power Systems CEO Aaron Jagdfeld provided the insight during a live interview on " Varney & Co. " and outlined the challenges his company has been faced with amid supply chain disruptions coupled with the "incredibly disruptive" surge in omicron cases , which he noted significantly interfered with the manufacturing process. Jagdfeld said his absenteeism rate increased 15% for a period of time at the peak because his employees were either isolating due to contracting COVID-19 or getting exposed. "Since the end of December to today it's just been interrupting our operations pretty severely," he told FOX Business's Grady Trimble , speaking from his factory in Whi
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GNRC
Earnings
- 2/14/24 - Miss
GNRC
Sec Filings
- 3/15/24 - Form 4
- 3/14/24 - Form 144
- 3/5/24 - Form 4
- GNRC's page on the SEC website