According to a recent filing with the Securities and Exchange Commission, Briggs & Stratton opted to not make a $6.7 million interest payment and instead the board of directors voted to pay executives and other key employees more than $5 million in cash retention awards
According to a report from The Korea Times, Doosan Group has put up its share of Doosan Infracore for sale. This has been interpreted as a way for the group to maintain control of Doosan Bobcat amid financial trouble.
Wayne Buchberger succeeds Michael H. Bender who served as president and primary owner of KMW for many years and who is retiring after many years with the company.
A U.S. regulator ruled that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles NV's (FCA) Jeep brand, barring the sale of the vehicles in question.
Net sales of $929.4 million down 3.4% compared with $962.0 million in the second quarter of fiscal 2019. Year-to-date fiscal 2020 net sales were $1.70 billion, up 8.4%.
Blount International, manufacturer of the Woods and Oregon brands of equipment, appointed Paul Tonnesen as its chief executive officer, succeeding Josh Collins, who had served as CEO since 2009.
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Next Point Bearing is a nationwide bearing distributor known for quality, reliability, and fast service. We offer a wide range of precision bearings, including the 6200 bearing, and support OEMs, distributors, and industrial teams across the U.S. As a trusted ball bearings and linear motion...
Artillian is a U.S. manufacturer of attachments for compact and sub-compact tractors, specializing in pallet frames, pallet fork sets and grapple systems.