Briggs and Stratton, the next great company to fall.

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    billw

    US Member - 2 Years
    Replies: 1284
    Topics: 41
    #211468

    I guess they have filed for chapter 11, with some reports of debt around a billion, with a “B.” Where do I sign up to learn Chinese? I guess gotta get ahead of this wave.

    Long live American manufacturing!

    bobw
    bobw

    US Member - 1 Year
    Replies: 1096
    Topics: 41
    #211470

    I read somewhere recently that some private equity firm was buying them out but no info yet on how they would move forward. B&S supposedly had a net loss of over $50 million in 2019 before Covid-19 even showed up. How does that happen?

    Bob

    1954 Johnson CD-11
    1956 Johnson RD-18
    1958 Johnson QD-19
    1959 Johnson QD-20
    1957 Evinrude Fastwin 18

    "Every 20 minute job is only a broken bolt away from a 3-day project."

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    billw

    US Member - 2 Years
    Replies: 1284
    Topics: 41
    #211493

    I bet the CEO didn’t have a net loss…..

    Long live American manufacturing!

    frankr
    frankr


    Replies: 5301
    Topics: 48
    #211517

    Haven’t they been made in China for years? Maybe not. But I have a couple of them that I’ve had for 10 years or more, one on my zero-turn mower that gets used year-round. Excellent engine.

    bobw
    bobw

    US Member - 1 Year
    Replies: 1096
    Topics: 41
    #211520

    I bet the CEO didn’t have a net loss…..

    No he didn’t. Just before the Chapter 11 filing, he took home a $1.0M bonus.

    Bob

    1954 Johnson CD-11
    1956 Johnson RD-18
    1958 Johnson QD-19
    1959 Johnson QD-20
    1957 Evinrude Fastwin 18

    "Every 20 minute job is only a broken bolt away from a 3-day project."

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    fleetwin

    US Member - 2 Years
    Replies: 3415
    Topics: 51
    #211537

    This is so sad….Briggs has always made great engines that were affordable….I’m sure there are some exceptions, but nothing horrible like the OMC Ficht/boat company disasters. Are they being undercut by the Chinese, or is it a quality issue when compared to Honda/Suzuki stuff…. Wish there is something that can be done to prevent this….Our country better get our act together, and soon…

    David Bartlett
    David Bartlett

    US Member - 2 Years
    Replies: 478
    Topics: 21
    #211552

    I guess they have filed for chapter 11, with some reports of debt around a billion, with a “B.” Where do I sign up to learn Chinese? I guess gotta get ahead of this wave.

    Bill,

    Maine Public Radio just had their fund-raising program and one of the gifts for a pledge was a years subscription to “Babbel”. You can learn as many languages as you want within the year!

    David Bartlett
    Pine Tree Boating Club Chapter

    "I don't fully understand everything I know!"

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