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The Briggs & Stratton Gasoline/Electric Hybrid Car – In 1980, at the tail end of the energy crisis, Briggs & Stratton developed the first gasoline-electric hybrid automobile concept car. "The Hybrid" was designed by Brooks Stevens , had six wheels and was powered by a twin-cylinder 16 hp (11.9 kW) Briggs & Stratton engine and a large bank of ...
Offerings from Johnson included small generators, a gasoline engine for washing machines, and refrigerators. In combination with the motors, all these produced net sales of $6.8 million by 1937, generating profits of $945,000. In the early 1940s, Outboard's facilities were all converted to the production of war materials.
During World War II, Briggs & Stratton produced generators for the war effort. Some pre-war engines were made with aluminum, which helped the company develop its expertise in using this material. This development, along with the post-war growth of 1950s suburbs (and lawns), helped secure Briggs & Stratton's successful growth throughout the ...
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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by Home Depot in 1989) behind rival the Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers Leroy Merlin , B&Q , and OBI .