| Business Summary | | Briggs
&
Stratton
Corporation
is
the
world's
largest
producer
of
air-cooled
gasoline
engines
for
outdoor
power
equipment.
The
Company
designs,
manufactures,
markets
and
services
these
products
for
original
equipment
manufacturers
(OEMs)
worldwide.
These
engines
are
primarily
aluminum
alloy
gasoline
engines
ranging
from
3
through
25
horsepower.
The
Company's
engines
are
used
primarily
by
the
lawn
and
garden
equipment
industry.
Major
lawn
and
garden
equipment
applications
include
walk-behind
lawn
mowers,
riding
lawn
mowers
and
garden
tillers.
Other
uses
include
industrial,
construction,
agricultural
and
consumer
applications,
including
generators,
pumps
and
pressure
washers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Briggs
and
Stratton
is
a
U.S.
based
producer
of
air
cooled
gasoline
engines
which
are
sold
to
manufacturers
of
lawn
and
garden
equipment
and
other
gasoline
engine
powered
equipment
worldwide.
For
the
fiscal
year
ended
6/30/01,
sales
fell
18%
to
$1.31
billion.
Net
income
fell
65%
to
$48
million.
Revenues
reflect
lower
engine
production
levels
and
a
change
in
product
mix.
Earnings
also
suffered
from
lower
margins,
and
higher
short-term
borrowings. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Frederick Stratton, Jr., 61 Chairman | $1.5M | $786K | John Shiely, 48 Pres,
CEO, Director | 887K | 236K | Michael Hamilton, 58 Exec.
VP of Sales and Service | 549K | -- | James Brenn, 52 Sr.
VP and CFO | 509K | 308K | Stephen Rugg, 53 Sr.
VP - Sales and Service | -- | -- | Dollar
amounts are as of 2-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|