tufftom4 Posted July 21, 2020 #1 Posted July 21, 2020 https://finance.yahoo.com/news/wisconsin-small-gas-engine-maker-180155110.html
RDawson Posted July 21, 2020 #2 Posted July 21, 2020 They closed their plant here a few months ago. One of the largest if not the largest employer we had in town.
BlueSky Posted July 21, 2020 #3 Posted July 21, 2020 They sold all their assets but will continue to operate? I hope they can hang on because the last riding lawn mower I bought had a Kohler Courage engine that lasted 62 hours before it knocked so bad, I replaced it. So, I ain't buying anything with a Kohler engine in it again.
RandyR Posted July 22, 2020 #4 Posted July 22, 2020 there's going to be a lot of bargain investments for corporations and individuals with bundles of cash in the bank as the effects of the cv19 economy take hold. From newly weds with their first mortgage (now out of work) to icon companies like Briggs & Stratton here. sadly.
gmarshall Posted July 22, 2020 #5 Posted July 22, 2020 When private equity firms buy a company like this, they strip anything of value out of it then spin it off with debt so high the company cannot stay profitable. It's a terrible thing to see.
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