CANTON, Mass.--(BUSINESS WIRE)--FM Generator of Canton (www.fmgenerator.com) has substantially increased its residential standby generator client base through a bankruptcy court purchase of Foxboro-based Barros Companies, the company announced today.
The purchase will add nearly 1,350 former Barros residential customers in Massachusetts, Rhode Island and New Hampshire to FM’s existing residential client base.
As part of the purchase deal, FM assumed $484,500 in pre-paid Barros service contracts. The one- and two-year service contracts include two inspections a year and basic maintenance of the generators including routine adjustments, changing fluids and cleaning air filters.
“These customers would have essentially had no recourse for securing the maintenance services they paid for in advance, which is pretty unsettling with winter around the corner. We’re glad to be able to provide the services necessary to keep their equipment functioning properly,” said FM Generator owner Michael Molway.
The need for the generator maintenance coverage was heightened by the recent “bomb cyclone” storm in New England, which knocked out power to more than 500,000 homes and businesses throughout the region.
Barros filed for Chapter 7 of the U.S. Bankruptcy Code on July 10, 2019. The company had installed, repaired and serviced residential and commercial standby power systems since 1982.
Through the purchase, FM has also become an authorized residential and commercial dealer for Generac, the nation’s largest manufacturer of home backup generators. FM is also an authorized dealer of Briggs & Stratton generators and motors. This allows FM to provide customers with a wider choice of products and to provide warranty services for both major brands.
Founded in 1970, FM Generator is a premier provider throughout the Northeast of preventive maintenance and repair services on generators and transfer switches. FM’s generator experts design, supply, deliver and install all types of power solutions, and can repair, maintain and overhaul existing equipment.