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.

In a filing with the bankruptcy court on Sept. 14, Briggs said the sale to New York City private equity firm KPS Capital Partners isn’t completed by Sept. 27, the deal among Briggs, KPS Capital and Briggs creditors will become null and void.

The unsecured creditors committee, who had vowed oppose Briggs & Stratton’s plan for a fast-track Chapter 11 sale to private equity firm KPS Capital did not file an objection to the transaction by the Sept. 10 deadline.