Some cheaper models, such as the Brinkmann, have a controller with only three settings, Low, Medium, High (LMH), and there is no temperature probe in the oven to create a feedback loop. We do not recommend these units. You actually have less control over temp than you do on a gas or charcoal smoker. The whole reason to buy a pellet grill is because it is set-it-forget-it and it hits a temp and holds it regardless of the ambient air temp outside, winter or summer. On these LMH controllers, the temp fluctuates widely and it cannot correct itself for the weather. They just aren't as smart as a digital device. Whether you're smoking a few slabs of ribs on a scorching summer day, or six pork butts during a blizzard, the three position controller only knows auger on and off times for Low, Medium, and High. It has no information on the temperature inside the cook chamber.
Joe Traeger first introduced the concept of Pellet Grill in 1980’s. Pellet grills are a rage amongst backyard grillers because they can grill, roast and smoke all in one. Since it uses indirect electric heat, there are no chances for it to burn into flames, unlike a gas grill. It is the perfect cooking appliance for a novice chef, looking to experiment with different dishes. Which is actually one of the primary reason for its unbelievable popularity.
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.
The Memphis Pro Wood Fire Pellet Grill is one of the best pellet grills on the market. It combines high-quality construction and engineering with versatile cooking capabilities that will let you "grill" almost anything. Able to reach temperatures out to 650 degrees F. this pellet grill can sear a steak while also being able to hold temperatures down to 180 degrees F. so it can smoke, low and slow, any kind of BBQ. Add to this the convection fans and temperature control precision this wood pellet grill can rival the best indoor ovens. This truly is a grill that can do it all and give you an authentic wood flavor.
Whether you call them pellet grills or pellet smokers (the terms are interchangeable), there's no denying the impact these do-everything cookers are having on BBQ. In the past year alone, interest in pellet grills has grown at an astounding rate, with the number of online searches nearly doubling. Although they've been around for over thirty years, it's only recently that they've earned the title of the Hottest Product in BBQ.
Pellet grills preheat quickly, so you can start cooking almost immediately, and the pellets are available in a number of woods, for different smoke flavors. The smoke has a subtle wood-fired flavor with less of the acrid flavor that comes from standard wood or charcoal. For the maximum smoke flavor, it’s best to cook at a temperature lower than 250 degrees, while higher temperatures cook faster with less smoke.