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Briggs & Stratton files for Chapter 11 bankruptcy as pandemic weighs on business
finance.yahoo ^

Posted on 07/20/2020 3:15:38 PM PDT by AggregateThreat

Briggs & Stratton Corp. said Monday it has filed for chapter 11 bankruptcy protection and reached an agreement to sell most of its assets to KPS Capital Partners. The Milwaukee-based company, which makes gasoline engines for outdoor power equipment...

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: bankruptcy; briggsstratton; chapter11; wisconsin
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To: Eric in the Ozarks; shelterguy

Didn’t B&S move its engine mfg to China?


21 posted on 07/20/2020 3:48:39 PM PDT by Calvin Locke
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To: wally_bert

Speaking of spark plugs for small engines I’m only using NGK or Autolite. Almost never saw a bad one out of the box. Can’t say the same for Champion or AC Delco.


22 posted on 07/20/2020 3:48:54 PM PDT by Hillarys Gate Cult (Free the TVs!)
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To: Calvin Locke

They probably have everything made over there and do some assembly here. Don’t know for sure.

“”””Briggs & Stratton Corporation is an American Fortune 1000 manufacturer of gasoline engines with headquarters in Wauwatosa, Wisconsin.

Engine production averages 10 million units per year as of April 2015.[2] The company reports that it has 13 large facilities in the U.S. and 8 more in Australia, Brazil, Canada, China, Mexico, and the Netherlands. The company’s products are sold in over 100 countries across the globe.[3] “””””””””””””””””””””””””””””””””””””””””””””””””””’


23 posted on 07/20/2020 3:51:38 PM PDT by shelterguy
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To: AggregateThreat

But hey.... Dr. Fauci, the covid Fascist, is throwing out the first pitch at the Nationals game... The Briggs & Stratton employees should enjoy that while putting in for their unemployment.


24 posted on 07/20/2020 3:57:39 PM PDT by jerod (Nazi's were essentially Socialist in Hugo Boss uniforms... Get over it!)
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To: oldplayer

Chapter 11.......they will still be around.

.


25 posted on 07/20/2020 3:58:17 PM PDT by Mears (..)
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To: AggregateThreat

They should get back into the car biz.

https://m.youtube.com/watch?v=ftMxCehD08U


26 posted on 07/20/2020 3:58:19 PM PDT by Disambiguator
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To: AggregateThreat

Maybe the fact that modern Briggs engines have plastic cam lobes and timing gears that are prone to failing might have something to do with this? For a comparison harbor freight predator engines have metal cams and while the timing gear is still plastic its more solid than the Briggs one.


27 posted on 07/20/2020 3:58:34 PM PDT by wattojawa (Diseny: Destroying your childhood since 2010)
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To: AggregateThreat

Briggs Iron Heads, like old Harley engines can be rebuilt, and rebuilt and rebuilt. Ive got a super boneyard of stuff. Elementary school kids can work on them.
Honda aluminum engines are great, and they run long time. But try and rebuild it when something goes wrong.
Pricey parts, when available. Nothing swaps. Japs dont rebuild stuff. They just replace. Toss it and drop another $600 on a mower.
10, 15, 20 yr old Briggs are everywhere. Swap engines onto anything. Cranks swap into everything. Even same year and model Hondas wont do that.


28 posted on 07/20/2020 3:59:22 PM PDT by Macoozie (Handcuffs and Orange Jumpsuits)
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To: AggregateThreat

Does have the Chap 11 BKY, but still looks like one of them hedge fund buyout things, sell off good assets, load rest of company with debt and let some other sucker deal with it. As other posters have stated they should be ok now with the COVID forcing lots of DYI stuff.


29 posted on 07/20/2020 4:03:37 PM PDT by nomorelurker
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To: wattojawa

I have a Harbor Freight little Tailgator generator I use a lot at a location with no power.

To run a power tool or a fan, it’s great.
That little unit will pump it’s heart out.

I typically run a couple of tanks of mixed through it on a day on location.


30 posted on 07/20/2020 4:07:49 PM PDT by wally_bert (Transmission tone, Selma.)
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To: Calvin Locke

I thought lawn mower engines were made in Missouri.


31 posted on 07/20/2020 4:08:40 PM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: Macoozie

I’ve got a 21 HP B&S V twin running my older Yard Machines ride on mower. No issues, no smoke. Sat under a tarp all winter and fired right up on a refuel of non ethanol premium.


32 posted on 07/20/2020 4:09:00 PM PDT by Noumenon (The fight's on. Let's not lose.)
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To: AggregateThreat

I hate to see it.


33 posted on 07/20/2020 4:10:55 PM PDT by libertylover (Socialism will always look good to those who think they can get something for nothing.)
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To: Macoozie

I’ve got a B&S motor on my lawnmower that is at least 10 years old. I bought it used for $60 10 years ago. I often abuse it by running it into thick brush and never had a problem Once I get my money’s worth from it I might buy a new one.


34 posted on 07/20/2020 4:12:34 PM PDT by posterchild
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To: AggregateThreat

When I was a young kid in the city, I would find Briggs and Straton engines that people had thrown out (e.g. old lawn mowers, etc.), and try to revive them. This was when I was 8-9 years old, and it taught me a lot of useful skills in life - including the value of trying to resurrect things instead of spending more money on something new. Good memories.


35 posted on 07/20/2020 4:24:28 PM PDT by neverevergiveup
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To: AggregateThreat

https://finance.yahoo.com/m/b35ffd8a-8da1-31fd-8f88-dada5c6c253c/briggs-stratton-files-for.html


36 posted on 07/20/2020 4:41:59 PM PDT by HangnJudge (When one is in a house of mirrors, everywhere you stand is “center)
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To: AggregateThreat

I have a 20 year old Mower and a 15 year old generator with Kawasaki engines. All still have great compression. The Mower, though, with the OHC engine, has a higher RPM power curve and if you get into heavy grass it will bog where a Toro or B&S engine (or an electric) will power through it. So while the Kwacker is a good engine it’s not the best design for a mower that needs super low end grunt. That’s the trade off in using higher RPM in a smaller mower to get the “same” power.


37 posted on 07/20/2020 4:50:16 PM PDT by Seruzawa (TANSTAAFL!)
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To: shelterguy

Honda does make the best engines but Subaru, Kawasaki and Kohler are worth the money.


38 posted on 07/20/2020 5:06:49 PM PDT by OKSooner (Saint Nicholas is a real Christian Saint from the 3rd and 4th centuries. John Durham does not exist.)
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To: Hillarys Gate Cult

I belong to a Snapper Facebook group and that is one of the combos people like to use - an old school Snapper Comet and a Honda. I’m too much of a purist though.
I probably own 50 Briggs small engines in various sizes none younger than 30 years. I’m set for now.


39 posted on 07/20/2020 5:10:13 PM PDT by freedomlover
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To: Eric in the Ozarks

I recall seeing an article half a dozen years ago or so about the B&S small engine plant being closed.

I thought it was AL or AR, but MO is close enough.


40 posted on 07/20/2020 5:17:56 PM PDT by Calvin Locke
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