Re: Briggs & Stratton files for Chapter 11
[Re: markz528]
#2799280
07/21/20 09:41 AM
07/21/20 09:41 AM
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Joined: Dec 2004
Posts: 1,674 California
biggE
top fuel
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top fuel
Joined: Dec 2004
Posts: 1,674
California
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Briggs killed themselves many years ago. I was a professional landscaper from 1969-82 and I used up lots of Briggs motors. Honda came along and their products would last three or four times longer with zero problems for about the same cost. Briggs refused to change. Now there are lots of other brands besides Honda that are better than Briggs and they still have not brought up their quality. They just don’t last as long and they made them cheap. I won’t own another Briggs product the rest of my life. They’d still be in business if they made a piece that would compete with a Honda. I kept my last Snapper and put a Honda on it when I stopped mowing commercial. I’ve had it for 25 years. Starts first pull. I would have had three or four Briggs motors on it by now. Yeah but Honda is turning to crap also. Bought a replacement carb for my Honda generator. Now made in China. Surface finish was so bad on the flanges you could use it as a file. It was off scale on my profilometer which means it was above 150 microinches Ra and the original was like 15 microinches Ra average. Honda mowers use plastic cams. If you don't keep up on the oil changes the cams break. I've had really good luck with Briggs & Stratton
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Re: Briggs & Stratton files for Chapter 11
[Re: TJP]
#2799386
07/21/20 01:41 PM
07/21/20 01:41 PM
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Joined: Dec 2003
Posts: 22,734 Bitopia
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 22,734
Bitopia
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The company warned that its losses, the pandemic and pending debt payments raised substantial doubt about its ability to continue as a going concern. Yet in June, while it skipped a $6.7 million interest payment, the company awarded its executives and other key employees more than $5 million in cash retention awards.
Such awards are often given before a company files for bankruptcy.
Therein lies the problem with this "SYSTEM" that is in place. The excutives should be stripped of those BONEUSUS and jailed. Their property including that which has been hidden should also be forfeited. Same thing should have been done in 2008 but it wasn't And therein really lies the problem, EVERYTHING above mentioned is PERFECTLY legal, and IMO, morally reprehensible. The concept of doing the right thing, and staying between the "guardrails", is no longer the MO, from the top down. Nothing can change until you change the top.
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
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Re: Briggs & Stratton files for Chapter 11
[Re: Sniper]
#2799471
07/21/20 04:57 PM
07/21/20 04:57 PM
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Joined: Jan 2003
Posts: 8,858 poplar bluff mo.
toplescuda
I Whine
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I Whine
Joined: Jan 2003
Posts: 8,858
poplar bluff mo.
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Then had to file. Because of todd... millions of dollors owed in interest. Yet he gave himself over a mill. Bonus They throw money away like nothen. And some how he still gets to keep his job. He is the reason Briggs is in the hole it's in They would buy up company's that were going in the hole that owed Briggs money. And the company s would still be going in debt... They just built a 750k square foot warehouse (that's 16 acres under a roof) then bought 140 acres next to it The plant in m urry ky. Is no longer....... No one buys a push mower. Most either have a larger mower. Or...have the yard mowed for them Battery power mowers are what is coming..
1970 barracuda convert. 1 of 59 1970 pro street A.A.R. clone (panther pink) 1971 charger 2015 hellcat challenger. Redline red 2014 quad cab 4x4 ram 8 speed hemi
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Re: Briggs & Stratton files for Chapter 11
[Re: toplescuda]
#2799478
07/21/20 05:08 PM
07/21/20 05:08 PM
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Joined: Jan 2003
Posts: 6,840 The Swamp
Sixpak
master
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master
Joined: Jan 2003
Posts: 6,840
The Swamp
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Then had to file. Because of todd... millions of dollors owed in interest. Yet he gave himself over a mill. Bonus They throw money away like nothen. And some how he still gets to keep his job. He is the reason Briggs is in the hole it's in .. I've heard this story too many times - THIS is just one reason why America is circling the drain - pencil-pushing propeller heads with golden parachutes, who never did a real day's work in their lives, are running Corporations. Nothing matters except the stock price and the next quarterly stock dividend. If we could fix this America might stand a chance; otherwise, forget it. I'm sure the Board of Directors won't lose a nickel over this either. They all ought to be made to give back any bonuses they've earned for the last 5 years.
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Re: Briggs & Stratton files for Chapter 11
[Re: Sixpak]
#2799743
07/22/20 12:23 PM
07/22/20 12:23 PM
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Joined: Sep 2003
Posts: 19,641 north of coder
moparx
"Butt Crack Bob"
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"Butt Crack Bob"
Joined: Sep 2003
Posts: 19,641
north of coder
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Then had to file. Because of todd... millions of dollors owed in interest. Yet he gave himself over a mill. Bonus They throw money away like nothen. And some how he still gets to keep his job. He is the reason Briggs is in the hole it's in .. I've heard this story too many times - THIS is just one reason why America is circling the drain - pencil-pushing propeller heads with golden parachutes, who never did a real day's work in their lives, are running Corporations. Nothing matters except the stock price and the next quarterly stock dividend. If we could fix this America might stand a chance; otherwise, forget it. I'm sure the Board of Directors won't lose a nickel over this either. They all ought to be made to give back any bonuses they've earned for the last 5 years. spot on ! ^^^^ but don't worry.......there will be a mcjob created for the workers.........or maybe not.
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Re: Briggs & Stratton files for Chapter 11
[Re: fastmark]
#2799761
07/22/20 12:54 PM
07/22/20 12:54 PM
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Joined: Dec 2007
Posts: 20,034 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 20,034
Puttin' on the foil in Charles...
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Briggs killed themselves many years ago. I was a professional landscaper from 1969-82 and I used up lots of Briggs motors. Honda came along and their products would last three or four times longer with zero problems for about the same cost. Briggs refused to change. Now there are lots of other brands besides Honda that are better than Briggs and they still have not brought up their quality. They just don’t last as long and they made them cheap. I won’t own another Briggs product the rest of my life. They’d still be in business if they made a piece that would compete with a Honda. I kept my last Snapper and put a Honda on it when I stopped mowing commercial. I’ve had it for 25 years. Starts first pull. I would have had three or four Briggs motors on it by now. ^ this. Of all of the power equipment that I have, the only item with a Briggs engine is my gas-powered edger, and it is by far the worst piece of equipment I have, and has been so from the day I bought it.
Earning every penny of that moderator paycheck.
DBAP
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Re: Briggs & Stratton files for Chapter 11
[Re: jcruse64]
#2799924
07/22/20 06:00 PM
07/22/20 06:00 PM
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Joined: May 2012
Posts: 1,850 South Bend
John Brown
top fuel
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top fuel
Joined: May 2012
Posts: 1,850
South Bend
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LINK -> B&S pays $5 million to board of directors and key employees"Briggs & Stratton Corp. has chosen not to make a $6.7 million interest payment, but the company’s board of directors has voted to give executives and other key employees more than $5 million in cash retention awards, according to a filing with regulators."
July 19th should be "Drive Like Rockford Day". R.I.P. Jimmie.
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Re: Briggs & Stratton files for Chapter 11
[Re: John Brown]
#2799982
07/22/20 09:15 PM
07/22/20 09:15 PM
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Joined: Oct 2003
Posts: 3,380 KY USA
mopargem
master
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master
Joined: Oct 2003
Posts: 3,380
KY USA
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LINK -> B&S pays $5 million to board of directors and key employees"Briggs & Stratton Corp. has chosen not to make a $6.7 million interest payment, but the company’s board of directors has voted to give executives and other key employees more than $5 million in cash retention awards, according to a filing with regulators."
68 Polara 500...LL1 Y7 M6X 69 Hemi road runner...X9 X9 M6X 69 A12 road runner....R4 R4 M6X 69 ModTop FLORAL Super Bee...F6 M6W 70 AAR 'cuda...EW1 EW1 H4X9 71 Duster 340...FJ6 V24 L6X9 71 road runner FC7 V1X M6X9 72 Rallye Charger B5 V1W 74 'cuda 360...KB5 V1X A6X9 08 SRT Challenger #234
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Re: Briggs & Stratton files for Chapter 11
[Re: mopargem]
#2800167
07/23/20 11:22 AM
07/23/20 11:22 AM
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Joined: Jan 2011
Posts: 15,945 Central Florida
larrymopar360
Stud Muffin
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Stud Muffin
Joined: Jan 2011
Posts: 15,945
Central Florida
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A legend from my childhood and same for many of you I'm sure. Walked behind a B and S for years and years. The last one was a 5hp walk behind commercial mower. Bullet proof.
Facts are stubborn things.
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Re: Briggs & Stratton files for Chapter 11
[Re: TJP]
#2801514
07/26/20 08:58 PM
07/26/20 08:58 PM
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Joined: Aug 2005
Posts: 6,018 Salem
Grizzly
Moparts Proctologist
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Moparts Proctologist
Joined: Aug 2005
Posts: 6,018
Salem
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The company warned that its losses, the pandemic and pending debt payments raised substantial doubt about its ability to continue as a going concern. Yet in June, while it skipped a $6.7 million interest payment, the company awarded its executives and other key employees more than $5 million in cash retention awards.
Such awards are often given before a company files for bankruptcy.
Therein lies the problem with this "SYSTEM" that is in place. The excutives should be stripped of those BONEUSUS and jailed. Their property including that which has been hidden should also be forfeited. Same thing should have been done in 2008 but it wasn't Excuses to screw the Shareholders, that's a page right out of Blunder Motors' playbook, in addition to cutting off all the Pensioners. I'd really like my 11.9 Billion back but, too bad so sad. For whatever reason people still buy their junk (although they have lost significant sales to Fiat/Chrysler). Briggs always was junk. I have fond memories as a kid getting zapped using their ground lever on the spark plug to shut one of them POS's off................only had to pull it 20 times to get it started in the first place. Honda or their Chinese knock-offs are 10 times better.
Mo' Farts
Moderated by "tbagger".
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Re: Briggs & Stratton files for Chapter 11
[Re: mopars4ever]
#2801697
07/27/20 12:12 PM
07/27/20 12:12 PM
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Joined: Jan 2003
Posts: 4,291 Morrow, OH
markz528
master
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master
Joined: Jan 2003
Posts: 4,291
Morrow, OH
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I have good luck with the Kawasaki mower engines. I'm in the process of replacing my 14 hp Kawasaki with a Briggs and Stratton 19 hp in my John Deere lawn tractor. The Kawasaki is a 1994 model and has been ok. They are known to loosen the crankcase bolts and I think that is what happened to mine. Oil leached out of the block and it seized when hot.
67 Coronet 500 9.610 @ 139.20 mph 67 Coronet 500 (street car) 14.82 @ 94 mph 69 GTX (clone) - build in progress......
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Re: Briggs & Stratton files for Chapter 11
[Re: markz528]
#2801702
07/27/20 12:28 PM
07/27/20 12:28 PM
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Joined: Jan 2003
Posts: 13,616 md
mopars4ever
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 13,616
md
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I would be happy if it lasted since 1994. My B&S lasted about 6 years.
Last edited by mopars4ever; 07/27/20 12:29 PM.
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