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briggs & stratton today announced it has acquired a minority stake in accelerated systems, inc. (asi) which develops complete traction and control systems for vehicles and has in-house design capabilities for electric motors, controllers and battery systems.
briggs & stratton is more than doubling production of its standby generators to meet the market’s growing reliance on home power and record power outage events nationwide. this initiative will reduce lead times, by expanding standby generator production to auburn, alabama.
after emerging from chapter 11 restructuring as a new company with a new owner and a new ceo, briggs & stratton, llc, a company with a 113-year legacy, also has a new beginning.
briggs & stratton, a recognized global leader in providing power to get work done, announces that kps capital partners, lp (“kps”), through a newly formed affiliate, has acquired substantially all of the assets of briggs & stratton corporation and certain of its wholly-owned subsidiaries.
company remains well-positioned to continue serving customers worldwide company has entered into a definitive agreement with kps capital partners for a sale of substantially all the company's assets company secures $677.5 million in debtor-in-possession (dip) financing to support operations throughout the sale and reorganization process
amplify makes standby generator power management smarter
briggs & stratton corporation's ferris brand is excited to introduce two all-new models in the ferris isx3300 platform powered exclusively by the vanguard big block 40.0 gross hp* efi etc engine, the first in the lineup to feature vanguard's all-new electronic throttle control (etc) technology.
briggs & stratton corporation continues to be humbled by the heroic acts of the healthcare professionals who are working on the front lines of the covid-19 pandemic, and the company is proud to be a part of a maskforce consortium that has designed, developed and produced a reusable face mask with disposable filters to protect these individuals.
reliable electricity at home is more critical than ever to power work, school and daily life for so many around the country. yet during the upcoming severe weather season, outages are a near certainty and briggs & stratton corporation has a range of solutions to help keep the lights on.
company enters into strategic supply agreement with industry leader in light electric vehicles; advanced battery manufacturing facility to start production in mid-2020