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NSIAP: Briggs & Stratton filing for bankruptcy

Posted on 7/20/20 at 9:32 pm
Posted by ISEN_AG
ThunderWolf Manor
Member since Aug 2013
2378 posts
Posted on 7/20/20 at 9:32 pm
B&S filing for bankruptcy

Is there anything more 'Murican than getting paid out the arse for running a company into the ground?

quote:

In June, after missing a $6.7 million interest payment, the company’s board voted to give executives and other key employees $5 million in cash retention awards, including $1.2 million for Todd Teske, chairman, president and CEO, and $600,000 for Mark Schwertfeger, senior vice president and chief financial officer.
This post was edited on 7/20/20 at 9:33 pm
Posted by el Gaucho
He/They
Member since Dec 2010
60274 posts
Posted on 7/20/20 at 9:35 pm to
Real men use husqvarna

They’re a real American company and don’t make all their shite in China
Posted by td1
Baton Rouge
Member since Oct 2015
3228 posts
Posted on 7/20/20 at 9:36 pm to
Someone will snatch them up, Maybe Lowes or Home Depot. Lowes did it with the Craftsman line. Imagine if one of the two had the "exclusive" on B&S run equipment in their stores.
Posted by Clark14
Earth
Member since Dec 2014
27162 posts
Posted on 7/20/20 at 9:37 pm to
Well shite.
Posted by Power-Dome
Member since Nov 2012
1258 posts
Posted on 7/20/20 at 9:38 pm to
I thought Husqvarna was Austrian
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1339 posts
Posted on 7/20/20 at 9:39 pm to
Damn I have a machine with Briggs and Stratton vanguard shite
Posted by The Boat
Member since Oct 2008
178367 posts
Posted on 7/20/20 at 9:39 pm to
Craftsman is shite

Lowes got duped big time

People treat Craftsman like it’s still 1960
Posted by ISEN_AG
ThunderWolf Manor
Member since Aug 2013
2378 posts
Posted on 7/20/20 at 9:43 pm to
quote:

Damn I have a machine with Briggs and Stratton vanguard shite



My push mower is Craftsman with a B&S engine, and my pressure washer is Simpson with the B&S engine
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66950 posts
Posted on 7/20/20 at 9:43 pm to
Made in Stockholm and Huskvarna, Sweden

Upon further investigation the tractors are made in georgia. The chainsawan small engines are made in about 6 different countries including china
This post was edited on 7/20/20 at 9:46 pm
Posted by Cracker
in a box
Member since Nov 2009
19320 posts
Posted on 7/20/20 at 9:46 pm to
Predator By harbor freight 10x the engine at 1/3 the price piss on stupid arse labor unions
Posted by hawgndodge
Member since Jun 2009
5461 posts
Posted on 7/20/20 at 9:48 pm to
We have a massive Husqvarna plant here. Nashville, AR.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13447 posts
Posted on 7/20/20 at 9:50 pm to
quote:

My push mower is Craftsman with a B&S engine, and my pressure washer is Simpson with the B&S engine


Just bought a battery operated Kobalt push mower.

I got tired of my push mower Briggs & Stratton engine dying after a few years.

They don’t make them like they used to.
Posted by Nephropidae
Brentwood
Member since Nov 2018
2826 posts
Posted on 7/20/20 at 9:52 pm to
Business Case:

1) battery powered motors replacing many B&S units, the cash cow is dying.
2) Could still be around for a while, whoever buys up the assets out of BK On the cheap will likely profit from the existing major distributor outlets for some time

I don’t think Home Depot buying this is a great move because of the decaying market and battery powered push.
Posted by East Coast Band
Member since Nov 2010
67034 posts
Posted on 7/20/20 at 9:56 pm to
Aren’t B&S engines made in Mexico?
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
64086 posts
Posted on 7/20/20 at 9:58 pm to
quote:

They’re a real American company and don’t make all their shite in China


B & S are made in the USA.
This post was edited on 7/21/20 at 8:12 am
Posted by Art Vandelay
LOUISIANA
Member since Sep 2005
11569 posts
Posted on 7/20/20 at 10:01 pm to
Shitty product with shitty product support and no warranty. See you later
Posted by biglego
San Francisco
Member since Nov 2007
85593 posts
Posted on 7/20/20 at 10:05 pm to
Today I learned that people still don’t understand gaucho.
Posted by LegendInMyMind
Member since Apr 2019
76255 posts
Posted on 7/20/20 at 10:07 pm to
Good.
Posted by bakersman
Shreveport
Member since Apr 2011
6033 posts
Posted on 7/20/20 at 10:07 pm to
I have a 54inzero turn husqvarna with a 24hp Briggs
Posted by LegendInMyMind
Member since Apr 2019
76255 posts
Posted on 7/20/20 at 10:09 pm to
Husqvarna uses B&S in their budget big box store shite.

The Husqvarna mower I have now has a 24 horse Kawasaki. Love it.
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