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
According to a report from the Milwaukee Journal Sentinel, as part of the company's moving of some production to New York from its Wauwatosa, Wis., facility, 208 employees will be laid off at the end of August.
According to a report from the Milwaukee Journal Sentinel, Briggs & Stratton plans to move some production from its Wauwatosa, Wis., facility to New York by the end of August. This includes production of its lawn tractor and residential zero-turn mower.
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In this episode of On The Record, we examine Deere’s Population of 20-Store Dealers On the Rise. In the Technology Corner, we take a look at Carbon Robotics Developing New “Thinning” Function for LaserWeeder. Also in this episode: AGCO & Kubota Sign Right to Repair MOUs, Deere Reports Rising Large Ag Price Realization - Lower Production Costs and Dealers’ Most Pressing Concerns.