HOLDREGE, Neb., Dec. 11, 2018 /PRNewswire/ -- Allmand Bros.
Inc., a subsidiary of Briggs & Stratton
Corporation and an 80-year-old manufacturer of
high-performance portable job site equipment, today announced plans
to expand its current facility in Holdrege, NE to increase production capacity
and speed-to-market with new innovations. The expansion, which will
include five new assembly lines, a prototyping lab, a new paint
system and robotic weld cells, is expected to be complete at the
end of calendar year 2019 and will result in new jobs in the
Holdrege plant.
"By expanding the footprint, capabilities and efficiency of our
current facility, Allmand will be equipped to meet increased demand
for its products across all of its markets including oil & gas,
construction and infrastructure," says Ben
Duke, senior vice president of job site and standby at
Briggs & Stratton. "Allmand is an 80-year-old company backed by
a 110-year-old company. With that amount of expertise in the
industry and in power, the expansion announced today will provide
the capacity for Allmand to innovate and grow well into the
future."
With roots meeting the needs of customers in the rugged oil
& gas industry, Allmand has expanded its lineup of premium job
site products to serve the channels that include construction,
mining and rental markets. Because of this diversification, Allmand
is now enjoying record levels of business.
This expansion aligns with Briggs & Stratton's focus on
growing its commercial business. Over the last five years, the
Company has grown commercial sales by more than 70 percent and the
Allmand business plays an important role in continuing this
growth.
About Allmand Bros. Inc.:
Allmand Bros. Inc., a
subsidiary of Briggs & Stratton Corporation, has been
delivering compact equipment solutions since 1938. It offers an
extensive line of rugged, portable, high-performance products for
the construction, mining, rental and oil & gas industries. Its
product lineup includes towable light towers, mobile generators,
portable air compressors, mobile industrial heaters and portable
light stands. For more information: 1502 W. 4th Ave., P.O. Box 888,
Holdrege, NE
68949; www.allmand.com;
800-562-1373; info@allmand.com.
About Briggs & Stratton Corporation:
Briggs &
Stratton Corporation (NYSE: BGG), headquartered in Milwaukee, Wisconsin, is focused on providing
power to get work done and make people's lives better. Briggs &
Stratton is the world's largest producer of gasoline engines for
outdoor power equipment, and is a leading designer, manufacturer
and marketer of power generation, pressure washer, lawn and garden,
turf care and job site products through its Briggs &
Stratton®, Simplicity®,
Snapper®, Ferris®,
Vanguard®, Allmand®, Billy Goat®,
Murray®, Branco® and Victa®
brands. Briggs & Stratton products are designed, manufactured,
marketed and serviced in over 100 countries on six continents. For
additional information, please visit www.basco.com and
www.briggsandstratton.com.
Safe Harbor Statement:
This release contains
certain forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from those projected in the forward-looking statements. The words
"anticipate", "believe", "estimate", "expect", "forecast",
"intend", "plan", "project", and similar expressions are intended
to identify forward-looking statements. The forward-looking
statements are based on the company's current views and assumptions
and involve risks and uncertainties that include, among other
things, the ability to successfully forecast demand for its
products; changes in interest rates and foreign exchange rates; the
effects of weather on the purchasing patterns of consumers and
original equipment manufacturers (OEMs); actions of engine
manufacturers and OEMs with whom the company competes; changes in
laws and regulations, including U.S. tax reform, changes in tax
rates, laws and regulations as well as related guidance; imposition
of new, or change in existing, duties, tariffs and trade
agreements; changes in customer and OEM demand; changes in prices
of raw materials and parts that the company purchases; changes in
domestic and foreign economic conditions (including effects from
the U.K.'s decision to exit the European Union); the ability to
bring new productive capacity on line efficiently and with good
quality; outcomes of legal proceedings and claims; the ability to
realize anticipated savings from the business optimization program
and restructuring actions; and other factors disclosed from time to
time in the company's SEC filings or otherwise, including the
factors discussed in Item 1A, Risk Factors, of the company's
Annual Report on Form 10-K and in its periodic reports on Form
10-Q. The company undertakes no obligation to update
forward-looking statements made in this release to reflect events
or circumstances after the date of this release.
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SOURCE Briggs & Stratton Corporation