Briggs & Stratton announced it has acquired a minority stake in Accelerated Systems, Inc. (ASI) which develops complete traction and control systems for vehicles and has in-house design capabilities for electric motors, controllers and battery systems.

GainShare, a leading performance marketing agency in North America, has been selected by Briggs & Stratton as its growth partner to drive revenue and increase market share for its Standby Generator business.

According to a report from Fox 28, Briggs & Stratton is looking to fill almost 50 open positions at its manufacturing facility in Statesboro, Ga.

According to a report from Rebusiness Online, Briggs & Stratton recently signed a 566,706 square foot lease at Silver City Industrial Camp in Syracuse, N.Y.

These are the first financial investments the company has made since being acquired by KPS Capital Partners.

According to a report from the Milwaukee Business Journal, Briggs & Stratton has agreed to pay $33.65 million to The Toro Company to settle a patent-infringement case from May 2010.

Steve Andrews assumed the position of Briggs & Stratton's President and CEO just over a month ago after most recently serving as CEO of International Equipment Solutions LLC. While still new to the role, he reflects on early observations and reinforces a strong, promising future for Briggs & Stratton.

Todd Teske, the former chairman and CEO of Briggs & Stratton, has filed an $11.6 million claim in the bankruptcy case seeking his share of payments that are likely to be in the range of 7-8 cents on the dollar

In wake of the sale of Briggs & Stratton to KPS Capital Partners, has your dealership felt any impact yet?

Was the Briggs board a mutual protection society for its top executives and, frankly, its members? Or did the board, through no fault of its own, encounter impossible obstacles and have no choice but bankruptcy?