Dealer inventory levels decreased 47% given the strong retail sales growth and lower shipments resulting from the COVID-19 related temporary suspension of production during the quarter.
Beginning in December 2020, Lowe's will be the exclusive nationwide home center to offer the top-rated line of EGO's battery-powered mowers, blowers, string trimmers, hedge trimmers, edgers, chainsaws and snowblowers.
The Home Depot, the world's largest home improvement specialty retailer, today announced that it is accelerating its investments in resets of its outdoor power categories.
According to a report from The Courier, Deere has announced plans to layoff 35 employees at its Waterloo Works facility and 82 employees at its Davenport Works facility.
Under the terms of the agreement, an affiliate of KPS formed for purposes of this transaction has agreed to acquire substantially all of the Company's assets and assume certain customer, employee and vendor liabilities, and it would act as the stalking-horse bidder through a court-supervised sale process.
Net sales grew by 3% when adjusting for Consumer Brands exits and changes in exchange rates. The company achieved growth in key categories such as watering, robotics & battery, handheld products and aftermarket & accessories. Husqvarna Division's adjusted net sales decreased by 2% in the quarter, but showed strong growth in June.
Briggs & Stratton’s 30-day grace period on a $6.7 million interest payment expired on July 15, 2020, however the company has received a 4-day extension on its revolving credit agreement according to an 8-K filing with the U.S. Securities and Exchange Commission.
Alongside a dedication to its dealers and customers, Kioti Tractor, is committed to the health and wellbeing of the communities in which it serves. To assist healthcare workers on the frontlines of the coronavirus pandemic, the company donated 10,000 N-95 masks as well as a K9 2440 utility vehicle to UNC REX Healthcare, located near Kioti’s U.S. headquarters in North Carolina.
In March, Briggs & Stratton announced plans to divest its turf product lines, which includes lawn and garden and turf care equipment sold under the Ferris, Billy Goat, Simplicity, Snapper, and Snapper Pro brands.
Consumer Reports has released its latest member survey results on riding mowers. According to the survey, nearly one-third of riding mowers either break or develop problems in the first 5 years of ownership.
PSA Laboratory Furniture is your trusted laboratory furniture supplier in the United States. Our range includes durable laboratory cabinets, fume hoods, and stainless countertops that meet any lab environment’s specific needs. With our custom laboratory furniture and specialized lab equipment, we...
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