Why is Briggs and Stratton closing?

Why is Briggs and Stratton closing?

The decision to close the plant now comes at the end of a chaotic year for Briggs. The company dealt with a number of weather related factors, the bankruptcy of Sears, brand and OEM changes, inefficiencies in a business optimization program and increased costs from tariffs and freight.

Are Briggs & Stratton engines made in China?

The company produces all vertical shaft engines for the United States market at plants in Missouri, Alabama and Georgia while engine components are manufactured in metro Milwaukee. Those American facilities, along with a plant in China, also support demand from Asia, Europe and Australia, Briggs & Stratton said.

What is wrong with Briggs and Stratton?

The company has been losing money and large debts. The company lost $54.1 million in its 2019 fiscal year and $11.3 million in its 2018 fiscal year. In its most recent earnings report, Briggs said its sales fell by $107 million or 18% in the quarter that ended March 29.

How good are Briggs and Stratton engines?

Briggs and Stratton engines are generally cheaper but are still good engines. For consumer use - do the maintenance and they will last as long as the lawn mower. I have had Briggs OHV 190cc engines on both my last 2 Toro mowers.

Did Briggs and Stratton go broke?

Another icon of post-war American suburbia went bust as Briggs & Stratton Corp. declared bankruptcy, felled by weak sales, too much debt and a final push over the edge from the coronavirus pandemic. The world's biggest maker of gasoline engines for outdoor power equipment sought protection from creditors in a St.

Is Briggs & Stratton still in business?

Briggs & Stratton will now operate as an independent company with the long-term support of KPS, a leading global private equity investor with a demonstrated track record of successfully transforming businesses and creating profitable, growing companies.

Are Briggs and Stratton motors made in USA?

Briggs & Stratton is very proud of their made in the U.S.A. heritage and we believe that America's best manufacturing years lie ahead. Briggs & Stratton Corporation, headquartered in Milwaukee, Wisconsin, is the world's largest producer of gasoline engines for outdoor power equipment.

Where are Kawasaki engines made?

Every Kawasaki engine is assembled in Maryville, MO, USA! See inside our growing factory.

Does Briggs & Stratton still exist?

Briggs & Stratton will now operate as an independent company with the long-term support of KPS, a leading global private equity investor with a demonstrated track record of successfully transforming businesses and creating profitable, growing companies.

Is Briggs and Stratton reliable?

You want the engine that always starts easily – with the reliability and power to cut through tall, thick grass every time. Briggs & Stratton has built its reputation on reliable, innovative – and easy-to-maintain engines.

Is Briggs and Stratton going out of business?

• Small-engine manufacturer Briggs and Stratton announced on Monday it has filed for Chapter 11 bankruptcy and will be selling off most of its assets. Briggs and Stratton is the world’s largest maker of gasoline engines for outdoor power equipment, providing engines for companies including Deere and Co. and Husqvarna.

Is Briggs and Stratton publicly traded?

• Briggs & Stratton Corporation is a publicly-traded company that operates in the following industries: Engine, Turbine & Power Transmission Equipment Manufacturing and Machinery & Tools Manufacturing.

What is the customer service number for Briggs and Stratton?

• Briggs and Stratton Contact Customer Service Phone Number. Phone Number of Briggs and Stratton Contact is +1-414-259-5333 . Through the years, Briggs & Stratton Corporation is recognized as biggest manufacturer and supplier of petrol engines.

What oil to use in Briggs and Stratton?

• We have modified our engine oil recommendations to state that you may now use a synthetic 5W30 (100074WEB) or 10W30 oil in all temperature ranges. We recommend the use of Briggs & Stratton Synthetic Oil.