Vista Outdoor will pay a total purchase price of $74 million for Camp Chef, comprised of $60 million in cash paid at closing and $14 million in cash to be paid out in equal installments on the first, second and third anniversaries of the closing date, subject to certain conditions described below. However, the effective purchase price is lower, due to value created by certain tax assets resulting from the transaction and the deferred purchase price structure, leading to an effective multiple of approximately 6.4x Camp Chef's expected calendar year 2016 EBITDA. Vista Outdoor financed the purchase price paid at closing using borrowings under its existing revolving credit facility. Vista Outdoor expects the acquisition to be slightly accretive to FY17 earnings per share (EPS), including impacts associated with transaction expenses. A majority of the payment of $14 million of deferred purchase price will be contingent on continued employment of key members of management and certain other conditions. As a result, Vista Outdoor plans to record the payments conditioned on continued employment as a compensation expense in future periods in accordance with GAAP. However, for purposes of presenting certain non-GAAP financial measures, including adjusted EPS, Vista Outdoor expects to treat those deferred payments as deferred purchase price and will therefore adjust the payments out of its financial results in future periods as payments are made. The purchase price will also be subject to a customary working capital adjustment. Additional information, including impact on full-year guidance, related to Camp Chef will be presented during Vista Outdoor's second quarter FY17 earnings call and webcast.
Wood pellets that are tailored for pellet stoves or fireplaces usually contain tree barks and binding agents such as glue. When used in pellet smokers, these wood chips can expel some harmful chemical substances infused with the food. But since the dawn of Traeger pellet smokers, different manufacturers have been producing food-grade wood pellets to be used in pellet smokers.
In smoke mode the controller is no longer controlled by the thermometer, it merely switches the pellet feeding auger on and off. On time is 15 seconds, off time ranges from 45 seconds at P0, to 165 seconds at P15. Temp and smoke are controlled by the duration of off time: the auger always runs at the same speed. More smoke is produced at higher P settings and lower temp settings because longer off times allow the pellets to smolder. At P0 in smoke mode or "High" in cook mode the auger replenishes the pellets at a faster rate, creating more flame, less smoke.
This maker of top-quality wood and pellet grillers is the company spearheading the digital revolution in the pellet smoker industry like its digital controller that manages pellet flow to control internal temperature and WiFi that connects your phone to the grill, allowing you to use it to control your grill for good measure. It’s the more gimmicky of the different pellet grill makers.
This is well worth the money. I'm a Weber charcoal guy for steaks and chicken and only used my old propane for baked potatoes, corn and asada. Fired this thing up and my asada was fast and easy to make. Philly cheesesteak was fast and simple. Large cooking surface lets you do a lot and it heats fast and evenly. Just make sure if you have kiddos around they keep their hands clear of the flat top! As of yet I haven't cooked on the grill grates so can't say anything about that. Putting this together was simple and took me about 20 minutes. On a side note one of the threaded tubes for a wheel broke loose when I put the wheel on and this was due to a very poor tack weld holding it. I contacted camp chef customer service and took a pic of the defective part and within 2 business days replacement part arrived. Excellent customer service. This thing will get a work out this summer! If your looking for a cover for this it can be a pain and I bought a patio furniture coffee table cover that is close to the grill demisions and it fits perfect.
The Elite's digital control panel is a sophisticated touch-pad PID controller that holds set temps with more accuracy than most kitchen ovens. It's simple to operate and offers an integrated meat probe and some useful programming options. For example, you can set it to cook your brisket up to 200°F (93°C) and then drop to a lower cooking temp to keep it warm without overcooking.
Other elements of the grill are the legs, which come in varies designs and construction materials. The automatic ignition starter to start the fire as well as the digital controller where individuals can achieve up to six different cooking methods ranging from grilling to baking and smoking. With that said, one of the most important aspects that we highly recommend individuals to consider is a green with a grease bucket or an ash cleanout design that vents out all of the ash sediment from the grill.
With modern advances in the outdoor cooking appliances due to their high demands, you too can cook up a great BBQ spread now with the help of a pellet grill! Gone are the days of overcooked and burned steaks. With the pellet grill on your backyard, you can BBQ to standards that even pit masters will approve. So today I will be giving you a 101 class on pellets grills, also including a list that will provide you with some great pellet grill review so that you can make the right decision when deciding to purchase one for you and your specific needs.
One of the fun features this grill offers is that it’s WIFI enabled (controlled or monitored through an iOS or Android app). Sense-Mate, a thermal sense that constantly monitors the grill temperature, keeps you up to date on the status of your grill and your food! The digital controlling really lets you micro-manage your cooking, as you can adjust it a degree at a time. You can also program a series of temperatures and then sit back and enjoy your day while your food cooks! (Yes, you can also control it manually as well.)
Despite often being called “pellet grills,” they still cook via indirect heat, as opposed to flame, and are better seen as a smoker. They’re excellent for smoking briskets, chicken and turkey, salmon and other fish, but maybe not for steaks, as you won’t be able to get the same crispy, browned sear they call for, and that you can get with an open-flame grill.
My wife and I purchased this over the weekend. Been wanting this grill for a while. $349.99 includes cookbook, 3 years warranty +costco visa warranty. They also had the lil tex and the other bigger grills at reasonable prices. Links are for the locations for their "roadshow" in order to capture the prices. Technically doesn't come with the cover but I convinced the rep to throw one in.
To be sure, there are pure “smoker” and pure “grills” but there are some exceptionally well-designed hybrids. I bought a Memphis Elite last year, and it is AWESOME! I made a pulled-pork masterpiece two months ago that was absolutely delicious… 8 hours on low temperature (225) then an hour on open flame (switching from a “smoker” insert to an “open-flame’ insert at 700 was easy) and it was awesome!
Wood pellet grills look like standard barbecue grills but some with a separate firebox for making smoked meats that will also let you smoke vegetables and other ingredients. As Traeger and Pit Boss both get good reviews from customers, it’s important that you look at the top features of this grills and how each company compares in relation to those features.
The Ortech has two knobs. The large one, the "Cook Control" has settings for: Off, Smoke, 180, 225, 250, 275, 300, 325, 350, 375, and High. One smoker manufacturer says that the "Smoke" setting is about 160°F and "high" is about 525°F, but both can vary due to ambient temperature, humidity, fuel type and quality of the smoker. Another knob, a teensy weensy knob to the right of the LED screen looks more like a push button. Labeled "SMOKE" and called the "Smoke Control Knob", it is meant to turn, not push, and it controls the pellet feed rate with auger on/off sequences indicated by "P settings". The P settings range from P0 to P15.
I’ve seen a lot of pellet smokers over the years, and it’s easy to say that out of every one, the RecTec is without a doubt a beast. It combines exceptional cooking performance with fantastic build quality and a thoughtfulness of design that you just don’t see in other smokers. Or a lot of other products. Not only that, but it’s one of the easiest smokers I’ve ever used, with professional quality cooking literally at the push of a button
RT 700 offers a Front Folding Shelf and has its own set of meat probe to monitor meat temperature while the grill smoke is infusing with the meat. Its Stainless Steel body protects it from rust and the colors from cracking or peeling. With its built-in WiFi-enabled control, coupled with Rec Tec’s proprietary PID algorithm, you will have control over your cooking process remotely using your wireless devices.
Ease of Use: At first, the unit appears somewhat mind boggling to use however when you get over it the first occasion when it turns out to be very simple. For one thing, there is a get-together video instructional exercise from the maker’s site for a less demanding get-together. Else, anybody that has used a BBQ before wouldn’t have any type of trouble with the unit.
First off, in general I was a huge Traeger fan due to my brother-in-law smoking up meat and fish for us for the past 3 years and it was just damn delicious. He also just raved about his Traeger, so finally I took the plunge and purchased a Century 34 model during one their Costco road shows. Customer Service - In general I will give them 4 stars because I am talking with a human, they were seemingly very thorough when I spoke with them and didn't appear to be reading from a knowledge base article when I described the problems. I also grilled them to ensure that the Costco specific model wasn't being manufactured with subpar parts since the price was so much less than retail and seemingly more bells and whistles. More than one representative confirmed that was not the case. This is where it stops being good news.
Of all the different smoker designs available, pellet smokers are the easiest to use, because they're thermostatically controlled, like your kitchen stove. You just select a cooking temperature, and a controller maintains it by feeding wood pellets to a fire pot as needed to maintain your set temp. Set it and forget it. You can throw a brisket in a pellet smoker, set it for 225°F (105°C), go to bed, and sleep like a baby, knowing you'll wake up to delicious smoked meat.
Their behavior is sometimes counterintuitive. The hotter they get, the less smoke they produce, and at their top settings, they don't produce much smoke at all. This is good for when you are baking cakes or pies or doing dishes that don't need smoke. But down under 250°F, they produce plenty of mild, elegant smoke. And even though the fuel is wood, it is hard to oversmoke with a pellet smoker. Burning wood on a charcoal grill produces much more intense smoke flavor.
Operation of your Pit Boss Deluxe Wood Pellet Grill is easy. Simply load the pellet hopper with your favourite all-natural hardwood pellets and turn the dial to your desired pre-set temperature. Within minutes, the grill automatically lights the pellets, and adjusts itself to your desired cooking temperature between 180° to 500°F. The grill can maintain that temperature all day, granted there’s always pellets. It’s that easy. Experience real wood-fired flavor with Pit Boss.