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 engines still made?
Briggs & Stratton began manufacturing in Milwaukee, WI, in 1908 and today more than 85 percent of Briggs & Stratton engines are made stateside at plants in Alabama, Kentucky, Georgia and Missouri using U.S. and global parts.
How is Briggs and Stratton doing?
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.