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In 2006, MTD began building lawn equipment under the fmc brand for sale in Europe. In 2007, MTD began building the low-end lawn and garden tractors for its otherwise competitor, Toro. In 2008, MTD began having a third-party company (located in China) manufacture a new line of engines for the Craftsman 2008 line of snowthrowers.
The White line was branded WFE (White Farm Equipment). The White Outdoor Equipment portion that offered Lawn & Garden equipment was sold to MTD in 1981. The agriculture market hit a severe recession in the early 1980s, and TIC sold WFE to Allied Products. Allied owned the New Idea farm equipment brand and formed a new division called White-New ...
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy. [2]
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
Simplicity Manufacturing Company is an American company based in Port Washington, Wisconsin that builds lawn and garden equipment under various brands. The company was founded by William J. Niederkorn in 1922, and started building walk-behind two-wheeled tractors in 1939.
The Toro Company was established as the "Toro Motor Company" in 1914 to build tractor engines for The Bull Tractor Company. [4] It built steam engines to support war efforts during World War I, and changed its name to Toro Manufacturing Company in 1920 when it began to refocus on manufacturing farm equipment. [5]