This announcement follows the successful acquisition by Medart Inc. of the small engines business of Waukesha-Pearce LLC (WPI).

With increasingly efficient technology and demand driving introductions, major manufacturers like STIHL, Kohler and CORE Outdoor Power have begun manufacturing innovative environmentally friendly or "green" outdoor power equipment. Some manufacturers are making gasoline engines more fuel-efficient and offering propane-fueled versions, while others are creating battery-powered outdoor power equipment with comparable performance to gasoline models.

Standard & Poor's Ratings Services has raised its outlook on Briggs & Stratton Corp. (BGG) to positive, citing the small-engine producer's strong cash-flow generation and continued efforts to reduce debt.

Todd Teske was elected chairman of Briggs & Stratton Corp. on Aug. 11, and he will become chairman at the conclusion of the company's annual meeting in October and will remain president and CEO.

Hurt by HP-Ratings Lawsuit, Briggs Earnings Dip

Chris Jagger has converted an old rural lifestyle Allis-Chalmers Model G tractor built in the 1940s to run on electricity.