Is Briggs & Stratton Still in Business? The Resilient Engine Giant
Yes, Briggs & Stratton is indeed still in business. While the company faced significant financial challenges in recent years, leading to a Chapter 11 bankruptcy filing in 2020, it emerged stronger and restructured under new ownership. The brand remains a key player in the outdoor power equipment industry, continuing to manufacture and sell engines and related products globally.
The Briggs & Stratton Story: From Milwaukee to the World
Briggs & Stratton’s history is a testament to American ingenuity and resilience. Founded in Milwaukee, Wisconsin, in 1909, the company initially focused on manufacturing automobiles and other automotive components. However, it was the development and mass production of small, affordable engines for lawnmowers and other outdoor power equipment that truly propelled Briggs & Stratton to global prominence.
For much of the 20th century, Briggs & Stratton engines were ubiquitous, powering everything from lawnmowers and generators to snowblowers and pressure washers. The brand became synonymous with reliability and affordability, a cornerstone of the American suburban landscape. Their engines were often seen as the dependable workhorses that kept homes and businesses running smoothly.
Navigating Rough Waters: Bankruptcy and Restructuring
Despite its long-standing success, Briggs & Stratton faced increasing headwinds in the 21st century. Factors such as declining demand for traditional gasoline-powered engines, rising material costs, increasing competition from international manufacturers, and the growing popularity of electric alternatives created significant financial pressure. The company also carried a substantial debt burden, making it difficult to invest in future growth and innovation.
In July 2020, Briggs & Stratton filed for Chapter 11 bankruptcy protection. This was a pivotal moment in the company’s history, casting doubt on its future. However, bankruptcy allowed the company to reorganize its finances, shed debt, and seek new ownership.
A New Chapter: Reemergence Under New Ownership
Fortunately, the Briggs & Stratton story did not end with bankruptcy. In September 2020, the company was acquired by KPS Capital Partners, LP, a private equity firm. Under new ownership, Briggs & Stratton emerged from bankruptcy with a strengthened balance sheet, a streamlined operation, and a renewed focus on innovation and growth.
The acquisition by KPS Capital Partners provided Briggs & Stratton with the financial resources necessary to invest in new technologies, expand its product offerings, and strengthen its position in the global market. The company has focused on electrification, expanding its battery-powered products, and exploring new markets, while still retaining its core competency in gasoline engines. They also have a strong presence in commercial engine applications and aftermarket service.
Briggs & Stratton Today: Still Powering Forward
Today, Briggs & Stratton continues to operate as a leading manufacturer of engines and power equipment. The company maintains a global presence, with manufacturing facilities and distribution networks spanning North America, Europe, and Asia. The product line includes:
- Small engines: Powering a wide range of lawn and garden equipment, including lawnmowers, tillers, and snowblowers.
- Generators: Providing portable and standby power solutions for homes, businesses, and recreational activities.
- Pressure washers: Offering cleaning power for various outdoor applications.
- Battery-powered products: Expanding its range of electric mowers, blowers, and other tools.
- Aftermarket parts and service: Ensuring the continued performance and longevity of its products.
Briggs & Stratton is actively adapting to the changing market landscape by investing in research and development of electric power solutions. They are also working to improve the efficiency and reduce the emissions of their gasoline engines. While the transition to electric power is still in its early stages, Briggs & Stratton is committed to being a part of the future of the power equipment industry.
Frequently Asked Questions (FAQs) about Briggs & Stratton
Here are some frequently asked questions about Briggs & Stratton, providing further insight into the company’s status and operations:
1. Did Briggs & Stratton go out of business?
No, Briggs & Stratton did not go out of business. They filed for Chapter 11 bankruptcy in 2020 but successfully restructured and emerged under new ownership. They continue to operate as a going concern.
2. Who owns Briggs & Stratton now?
Briggs & Stratton is currently owned by KPS Capital Partners, LP, a private equity firm that acquired the company in September 2020.
3. Are Briggs & Stratton engines still being made?
Yes, Briggs & Stratton engines are still being manufactured. They are produced in various locations globally and continue to power a wide range of outdoor power equipment.
4. Where are Briggs & Stratton engines made?
Briggs & Stratton has manufacturing facilities located in the United States, as well as in other countries. These plants produce engines for different markets and applications.
5. What is the future of Briggs & Stratton?
The future of Briggs & Stratton appears promising. Under new ownership, the company is focused on innovation, particularly in battery technology and electric power solutions, while maintaining its core business of gasoline engines.
6. Does Briggs & Stratton offer electric power equipment?
Yes, Briggs & Stratton is actively expanding its range of electric power equipment, including battery-powered lawnmowers, blowers, and other tools.
7. Where can I buy Briggs & Stratton engines and parts?
Briggs & Stratton engines, parts, and equipment are available through a wide network of authorized dealers, retail stores, and online retailers.
8. How do I find a Briggs & Stratton authorized service center?
You can find a Briggs & Stratton authorized service center by using the dealer locator tool on the Briggs & Stratton website or by contacting their customer support team.
9. What kind of warranty does Briggs & Stratton offer?
Briggs & Stratton offers a variety of warranties on its engines and equipment. The specific warranty terms vary depending on the product and its intended use. Consult the product documentation or contact Briggs & Stratton for details.
10. Is Briggs & Stratton a good brand?
Briggs & Stratton has a long-standing reputation for reliability and affordability. While the brand faced some challenges in recent years, it remains a well-known and respected name in the outdoor power equipment industry.
11. How do I troubleshoot a Briggs & Stratton engine?
Troubleshooting a Briggs & Stratton engine typically involves checking the fuel supply, spark plug, air filter, and other components. The Briggs & Stratton website offers a wealth of troubleshooting resources, including manuals, videos, and FAQs.
12. Are Briggs & Stratton engines compatible with ethanol fuel?
Briggs & Stratton engines are generally compatible with gasoline containing up to 10% ethanol (E10). However, it’s essential to follow the manufacturer’s recommendations and use fresh, high-quality fuel to ensure optimal performance and longevity. Using fuel with a higher ethanol content than recommended can damage the engine.
In conclusion, Briggs & Stratton is very much still in business, adapting to the changing demands of the industry with a renewed focus on innovation and electrification, while still providing the dependable gasoline engines they are known for.
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