Briggs & Stratton Corp. cited ongoing drought conditions as it announced that the company will temporarily shutter a McDonough, Ga., facility that makes lawn and garden equipment.
Production will be suspended from Oct. 29 through Nov. 25. About 340 hourly employees and 200 temporary employees will be laid off during the shutdown.
The company said Monday it wants to reduce its equipment supply amid lagging demand.
Drought conditions have affected large portions of the United States since May.
The company said it will not discontinue parts shipments to customers during the period.
The Wisconsin firm said the temporary action should have no significant impact on its income forecast for fiscal 2013. The company initially projected net income of $60 million to $75 million. That's $1.25 to $1.55 per diluted share.
Tuesday, June 18 2013 5:56 AM EDT2013-06-18 09:56:03 GMT
Eager to cash in on the recent run of good news about the Stock Market, but you don't know how to get started? Here's how!
Eager to cash in on the recent run of good news about the Stock Market, but you don't know how to get started? Good Day Atlanta goes to the pros for answers!
Monday, June 17 2013 12:05 AM EDT2013-06-17 04:05:45 GMT
The loyalty cards on customer's key chains may be going out of fashion making way for the loyalty apps. There is a new one that has hit Atlanta called Front Flip.
The loyalty cards on customer's key chains may be going out of fashion making way for the loyalty apps. There is a new one that has hit Atlanta called Front Flip.
Friday, June 14 2013 8:56 AM EDT2013-06-14 12:56:09 GMT
Retailers got the go-ahead to pass along some extra charges to you, but not without some rules attached. You might not have noticed them just yet, but you should be on the lookout.
Retailers got the go-ahead to pass along some extra charges to you, but not without some rules attached. You might not have noticed them just yet, but you should be on the lookout.
Thursday, June 13 2013 7:16 AM EDT2013-06-13 11:16:10 GMT
You might think saving the environment has to cost a lot of money. But, Good Day Atlanta's Tacoma Perry found way to go green and save green at the same time.
You might think saving the environment has to cost a lot of money. But, Good Day Atlanta's Tacoma Perry found way to go green and save green at the same time.
Wednesday, June 12 2013 10:07 AM EDT2013-06-12 14:07:03 GMT
Earlier this year, FOX's Steve Noviello brought you some of the coolest new gadgets around from the Consumer Electronics Show. So which ones made the cut?
Earlier this year, FOX's Steve Noviello brought you some of the coolest new gadgets around from the Consumer Electronics Show. So which ones made the cut? He joined Good Day to tell us which ones are hitting store shelves near you.
Tuesday, June 11 2013 8:03 AM EDT2013-06-11 12:03:28 GMT
According to The Brookings Institute, Atlanta's suburbs are the most impoverished areas in the country, but one agency continues to be the place where families can find help.
According to The Brookings Institute, Atlanta's suburbs are the most impoverished areas in the country, but one agency continues to be the place where families can find help.
