Magneto Power, LLC Acquires Certain Assets of Original Equipment, Inc. OEI to Continue to Service Dealers.
MILWAUKEE, WISCONSIN – January 5, 2005 – Magneto Power, LLC located in Mequon, Wisconsin has agreed to acquire certain assets of Original Equipment, Inc. located in Billings, Montana.
“It is important to note that we have authorized Original Equipment, Inc. to continue to sell Briggs & Stratton products to dealers in OEI's original territory,” stated Mark A. Polzin, President of Magneto Power LLC.“The quality of service will continue to be top notch,” Polzin concluded.
Steve Rugg, Senior Vice President of Sales at Briggs & Stratton stated, “Briggs & Stratton supports this transaction and is confident it will be mutually beneficial for both enterprises.”
Briggs & Stratton Corporation is the largest manufacturer of small, air-cooled engines for lawn and garden and other outdoor power equipment. The company is also a major producer of generators and pressure washers. Briggs & Stratton products are designed, manufactured, marketed and serviced in over 100 countries on all seven continents.
For More Information Contact:
Mark
A.
Polzin
President
Preferred Power, Inc.
tel: (704) 598-1010
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