Briggs & Stratton has sold its Wauwatosa, Wis., plant to Milwaukee-based Phoenix Investors for about $24 million, reports BizTimes. Briggs will lease the facility back from Phoenix Investors with an initial 5-year term and three 5-year options to extend the lease. 

The Creighton University Rural Mainstreet Index (RMI) climbed in February and remained above growth neutral for the 15th straight month, according to the monthly survey of bank CEOs in rural areas of a 10-state region.

Deere's worldwide net sales and revenues increased 5% in the first quarter of 2022 to $9.569 billion. Equipment operations net sales were $8.531 billion for the quarter, compared with $8.051 billion in 2021.

Generac's net sales increased 40% to a record $1.07 billion during the fourth quarter of 2021 as compared to $761 million in the prior-year fourth quarter. Core sales growth, which excludes both the impact of acquisitions and foreign currency, increased approximately 35%.

Automated Outdoor Solutions (AOS), an Illinois-based automower retailer, and Swedish greentech innovator Robotic Lawn Care Systems (RLCS) have formed a partnership to bring the MowFleet system to the U.S.