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Prior to Stanley Black & Decker's acquisition in December 2021, MTD Products was a majority family-owned, private company. It originated as a tool and die maker MTD's main competitors are Ariens, Briggs & Stratton, Husqvarna, John Deere, Stiga, Stihl, and The Toro Company.
Ariens entered the lawn and garden market in 1958 with its first riding lawn mower. In 1963 Ariens built and opened a 23,000 square foot manufacturing plant in Brillion, Wisconsin, to ramp up production. In 1977 Ariens built a new metal fabrication plant in Brillion, Wisconsin. Until 1982 Ariens had focused mainly on the residential mower ...
Strong sales assured the company's profitability through the Great Depression.Customer loyalty was an important element in this success. In the company's earliest years, Gravely would load several tractors into his Studebaker tourer car and sell them to farms as far away as Florida at $175 each.
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Recession fears for 2025 are fading fast, with market models and economist forecasts signaling a slim chance of economic contraction. But with optimism running high, could markets be misreading ...
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