Show organizers have launched GIE+EXPO ToGo, a free online portal that will connect industry members to the new innovations they would have found at the show this October.

According to a report from Voice of Alexandria, Alex Power Equipment, Rural Lifestyle Dealer's 2019 Single-Store Dealership of the Year, will be acquired by Quality Forklift Sales and Service effective Sept. 21, 2020.

On Sept. 15, U.S. Bankruptcy Court Judge Barry Schermer approved Briggs & Stratton’s plan to sell the company to New York City private equity firm KPS Capital Partners.

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.

The addition of mowers allows Bobcat to expand upon its established presence in the landscape industry and capture additional opportunities in the turf and lawn care markets.

No other prospective buyers submitted qualified bids by the deadline, and it appears Briggs will likely be sold to baseline bidder KPS at $550 million for nearly all of Briggs & Stratton’s assets.

Sara Hey from Bob Clement International will walk you through specifics, by department, that will lead to your best slow season yet, including: setting your sales people up for success with a strong pool of leads, planning your off season service special and developing and implementing a parts burn down strategy. [To view any of our webinar replays, you must be logged in with a free user account.]

Net sales in the third quarter were $841 million, up 0.3% from $838.7 million in the third quarter of fiscal 2019; year-to-date fiscal 2020 net sales were $2.54 billion, up 5.6% from $2.40 billion in the same prior-year period.