Note that KPS is negiotatng a new pay deal with the unions ie drastic pay cuts for workers , terminating health benefits and having a fiddle with the pension fund .
So once again the workers will be done over like a dinner.
They are going to close several factories, they will be the ones where Briggs owns the land they stand on.
Wanna bet it will be a secret deal and a KPS affiliated property developer will make a motza from the sale
Then it will be cap in hand to the government for one of "Those loans" that never seem to be paid back .
Reducing the capital ( mostly tied up in land & benefits ) will cause the P:E ratio to increase so the screen warriors of Wall St will start buying the stock.
Meanwhile they will announce that "brands will be retained " which is 2 faced speak for generators being fully imported as will every other product that is economical to ship in containers.
Once KPS has gotten its money back plus a heal;ty margin of profit they will exit & the company will implode .
Give it 10 years if you are lucky.
Briggs are yet to bring out a fuel injected engine so there will be no future sales in California where a carburettored engine can not meet pollution emission standards so I would take "growing the business " with a healthy pinch of salt.