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Briggs Plans to Sell Plant, Sets Severance Payments for Employees at Wauwatosa, Wis., Plant

August 24, 2020

The United Steelworkers union represents about 330 employees at Briggs and the terminations will total about 185 of them, the company said.

Briggs Wins Approval for Fast-Track Auction, Generac Still Potential Bidder

August 20, 2020 | Posted in Ag Equipment Business

A U.S. Bankruptcy Court judge approved Briggs & Stratton Corp.’s proposal for a fast-track sale of the company via auction despite creditors’ objections, while recent court filings show Generac Power Systems remains in the running as a potential bidder.

Briggs & Stratton Enters into Sale Agreement, Initiates Voluntary Reorganization Under Chapter 11

July 20, 2020 | Posted in Ag Equipment Business

Under the terms of the agreement, an affiliate of KPS formed for purposes of this transaction has agreed to acquire substantially all of the Company's assets and assume certain customer, employee and vendor liabilities, and it would act as the stalking-horse bidder through a court-supervised sale process

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