| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
42 |
| Employees |
5,480 |
| Revenues (TTM) (Millions $) |
1,697 |
| Net Income (TTM) (Millions $) |
-212 |
| Cash Flow (TTM) (Millions $) |
20 |
| Capital Exp. (TTM) (Millions $) |
49 |
Business Description
The Briggs and Stratton Corporation is a renowned American manufacturing company, which was founded in 1908 by Stephen F. Briggs and Harold M. Stratton. The company specializes in producing engines for various applications such as outdoor power equipment, lawn mowers, generators, pressure washers, and other related products. The company is headquartered in Wauwatosa, Wisconsin and operates in over 100 countries globally.
The Briggs and Stratton Corporation has always been a pioneer in the industry, and its history is marked by a series of engineering innovations. In the early years, the company pioneered the production of lightweight, high-performance, gasoline-powered engines. In 1953, the company revolutionized the small engine manufacturing industry by introducing the aluminum cylinder block, which significantly reduced engine weight and improved performance.
The company has manufacturing facilities in various locations around the world, employing over 5,200 people. Briggs and Stratton engines are produced in facilities in the US, China, and other locations. The company's products are sold under various brand names, including Briggs and Stratton, Simplicity, Snapper, Ferris, Murray, and others.
The company is widely recognized for its high-quality engines and innovative designs, which have garnered it numerous industry awards and accolades. The company has won several innovation awards, including the 2011 Innovator of the Year Award, and has also been named one of America's Most Admired Companies by Fortune Magazine.
The Briggs and Stratton Corporation is strongly committed to sustainability and green initiatives. The company has implemented a Corporate Social Responsibility Program that aims to reduce its environmental impact by reducing greenhouse gas emissions, conserving water resources, and reducing waste production. The company has also introduced a range of eco-friendly products, which are designed to reduce fuel consumption and emissions.
In 2020, the company filed for Chapter 11 bankruptcy due to mounting debt and the economic impact brought about by Covid-19. However, through the bankcruptcy process, the Briggs & Stratton Corporation emerged with a new owner and is now operating under new management.
In conclusion, the Briggs and Stratton Corporation is a company that has a rich history of innovation, industry leadership, and environmental stewardship. The company has a long-standing reputation for producing high-quality products, which are sold globally, and has won numerous awards and accolades for its achievements. The company's commitment to sustainability and green initiatives underscores its commitment to being a socially responsible company.
Company Address: 12301 West Wirth Street Wauwatosa 53222 WI
Company Phone Number: 259-5333 Stock Exchange / Ticker: NYSE BGG
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