Briggs & Stratton

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Briggs & Stratton

logo
legal form Corporation
ISIN US1090431099
founding 1908
Seat Milwaukee , Wisconsin , United States
management Todd J. Teske ( Chairman , President and CEO )
Number of employees 5,258 (2018)
sales 1.88 billion US dollars (2018) (EUR 1.6 billion)
Branch mechanical engineering
Website www.basco.com

Bicycle with drive unit (around 1910)
Briggs & Stratton Flyer (around 1920)

Briggs & Stratton is the largest manufacturer of air-cooled gasoline engines . Over 10 million pieces are produced annually. These motors are primarily found in construction and gardening equipment such as mobile generators , lawnmowers and other gasoline-powered devices. At the end of 2012 the group had 6,321 employees. The company's shares have been traded on the NYSE since 1928 . Briggs & Stratton engines are sold worldwide.

description

The company was founded in Milwaukee , Wisconsin , USA in 1908 by engineers Stephen Foster Briggs and Harold M. Stratton . Originally, automobiles were supposed to be manufactured. Automobiles were built in 1908 and from 1919 to 1923. More important for the company was the production of parts for the automotive industry and built-in motors.

In 1979 Briggs & Stratton bought the German small diesel engine manufacturer Farymann Diesel and wanted to get started with small diesel engines . The plans to develop new water-cooled multi-cylinder engines failed, as well as to reduce the costs of existing single-cylinder engines significantly. Farymann Diesel was therefore sold again in the mid-1980s. In 2004 the competitor Simplicity Manufacturing was taken over. The competitor Murray, who went bankrupt in the same year, was bought up the following year.

In 1990 Briggs & Stratton began honoring beautiful parks in the United States. Briggs & Stratton has sponsored the “Most Beautiful Park” competition in Europe since 2002. Since then, a jury commissioned by Briggs & Stratton has awarded prizes to the ten or five most beautiful parks in Germany , France , Great Britain , Italy , Poland and Sweden every year. In 2009 the “most beautiful park in Europe” was awarded for the first time.

Briggs & Stratton filed for Chapter 11 bankruptcy on July 20, 2020 . In the course of this, the company is taken over by the investment company KPS Capital Partners.

vehicle construction

In 1908 three passenger cars were built . They were given the Superior brand name . They had a four-cylinder engine from the Continental Motors Company . Two were bodied as touring cars and one as roadster .

In 1919 Briggs & Stratton acquired the rights to the Smith Flyer , a buckboard , and manufactured it under the name Briggs & Stratton Flyer until 1923.

The company presents concept vehicles at irregular intervals , e.g. B. 1979 one of the first parallel hybrid vehicles ever, the Briggs & Stratton Hybrid .

literature

  • Harald H. Linz, Halwart Schrader : The International Automobile Encyclopedia . United Soft Media Verlag, Munich 2008, ISBN 978-3-8032-9876-8 .
  • Beverly Rae Kimes, Henry Austin Clark Jr .: Standard catalog of American Cars. 1805-1942. Digital edition . 3. Edition. Krause Publications, Iola 2013, ISBN 978-1-4402-3778-2 , pp. 148 (English).

Web links

Commons : Briggs & Stratton  - collection of images, videos and audio files

Individual evidence

  1. ↑ investors.basco.com: Annual Report 2018
  2. ↑ financials.morningstar.com: Briggs & Stratton Corp
  3. ↑ Briggs & Stratton: Most beautiful parks in Europe ( Memento from July 19, 2011 in the Internet Archive )
  4. ↑ KPS Capital Partners agrees to acquire all of Briggs & Stratton Corporation's assets, including the equity of foreign subsidiaries. In: finanzen.at. July 20, 2020, accessed July 21, 2020 .
  5. ↑ Beverly Rae Kimes, Henry Austin Clark Jr .: Standard catalog of American Cars. 1805-1942. Digital edition . 3. Edition. Krause Publications, Iola 2013, ISBN 978-1-4402-3778-2 , pp. 1451 (English).
  6. ↑ Beverly Rae Kimes, Henry Austin Clark Jr .: Standard catalog of American Cars. 1805-1942. Digital edition . 3. Edition. Krause Publications, Iola 2013, ISBN 978-1-4402-3778-2 , pp. 148 (English).
  7. ↑ Youtube: 1980 Briggs & Stratton Hybrid - Jay Leno's Garage (broadcast on March 16, 2020)
  8. ^ Dan Carney: Briggs and Stratton that was green, even off the grass. In: BBC Cars. British Broadcasting Corporation , July 3, 2013, accessed March 18, 2020 .