According to a report from the Milwaukee Journal Sentinel, Briggs & Stratton plans to move some production from its Wauwatosa, Wis., facility to New York by the end of August. This includes production of its lawn tractor, residential zero-turn mower, snow thrower and pressure washer products. Some production will remain in Wisconsin, including standby generators and engine components production.
The company stated the reason for the move "is to streamline its production and distribution of products."
This follows another recent report by the Milwaukee Journal Sentiment that Briggs & Stratton recently skipped a $6.7 million interest payment "and instead the board of directors voted to pay executives and other key employees more than $5 million in cash retention awards."
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