MILWAUKEE (July 14, 2008) – Briggs & Stratton Corporation (NYSE: BGG), the world’s largest manufacturer of air-cooled gasoline engines for the outdoor power equipment industry, will ring the New York Stock Exchange (NYSE) closing bell to commemorate the company’s 100th anniversary and set the stage for the future. John Shiely, chairman, president and CEO of Briggs & Stratton, will ring the bell on July 18 at 4 p.m. EDT.
“Ringing this ceremonial bell during our anniversary year signifies our pride in what we’ve accomplished in our first 100 years and it represents how we will move forward with a renewed spirit of innovation and a stronger understanding of what Briggs & Stratton stands for,” said John Shiely, chairman, president and CEO, Briggs & Stratton. “For the past century, our customers have come to us seeking the best product design and quality, and for 100 years we have consistently delivered.”
To view the live webcast of The Closing Bell®, visit the NYSE Web site (http://www.nyse.com). In addition to ringing the closing bell, the company plans to celebrate its rich legacy of innovation and continuing success by celebrating this achievement with its employees in Milwaukee, home of its corporate headquarters, and at its worldwide locations.
Powering Communities for 100 Years
Beginning in 1908, the founders of the company, Stephen F. Briggs and Harold M. Stratton, laid a foundation that took the company down a diverse path of producing engine-powered bicycles, electric refrigerators, an electric hybrid automobile prototype, coin-operated paper towel dispensing machines, fuses, auto igniters, locks, keys and more. This continued innovation has led to Briggs & Stratton being the world’s largest producer of gasoline engines for outdoor power equipment.
Today, Briggs & Stratton has grown to employ more than 8,000 people with 10 manufacturing facilities globally. The company has reinvented itself with its introduction into the end products business. Now, in addition to manufacturing air-cooled gasoline engines for the outdoor power equipment industry, Briggs & Stratton produces generators, pressure washers, pumps, walk-behind and riding lawn mowers, and much more. Globally, the company’s engines can be found on diverse applications such as milking machines in Mexico, sugar cane crushers in Puerto Rico, and fishing boats in Vietnam, to name a few.
Briggs & Stratton