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Tubby


Joined: Dec 5, 2007
Points: 78

Tecumseh in financial trouble?
Original Message   Dec 8, 2007 4:01 pm
Is tecumseh on the skids?
I went shopping for a replacement short block/ engine, and one OPE store was saying he expects Tecumseh to fold up it's tent soon? I heard that they were also bought out by someone else.
I suppose I could google it, but wonder if anyone here has input. I liked the new simplicity blower and bought it instead (*B&S engine!).
Replies: 1 - 5 of 5View as Outline
Gelid


Location: Maine
Joined: Nov 19, 2007
Points: 84

Re: Tecumseh in financial trouble?
Reply #1   Dec 8, 2007 5:32 pm
They sold one of their specialty divisions but I don't think it's the division that makes Tecumseh brand small engines.

Honda HS928 TCD - If you lived where I live you'd have one too
borat


Joined: Nov 10, 2007
Points: 2692

Re: Tecumseh in financial trouble?
Reply #2   Dec 8, 2007 8:21 pm
I was speaking to a Cub Cadet dealer who had made reference to Tecumseh being on shaky ground back in September.  I told him that I'd be staying away from snow throwers with Tec engines (which covered everything in his shop).  His response to that  was that Cub Cadet would be assuming Tecumseh's engine manufacturing sector.   Not sure if he was trying to make up for his leaking the potential Tecumseh failure or if in fact Cub will be taking up the reigns.  By the way, I thought that MTD had bought out Cub Cadet? 
Gelid


Location: Maine
Joined: Nov 19, 2007
Points: 84

Re: Tecumseh in financial trouble?
Reply #3   Dec 9, 2007 10:11 pm
borat wrote:
I was speaking to a Cub Cadet dealer who had made reference to Tecumseh being on shaky ground back in September.  I told him that I'd be staying away from snow throwers with Tec engines (which covered everything in his shop).  His response to that  was that Cub Cadet would be assuming Tecumseh's engine manufacturing sector.   Not sure if he was trying to make up for his leaking the potential Tecumseh failure or if in fact Cub will be taking up the reigns.  By the way, I thought that MTD had bought out Cub Cadet? 

My understanding is that Tecumseh sold its Fasco division to a financial holding. Perhaps they needed to raise cash but there are many reasons for a corporation to do this other than imminent demise, it may be a false alarm.

Honda HS928 TCD - If you lived where I live you'd have one too
mech12


Joined: Feb 20, 2006
Points: 273

Re: Tecumseh in financial trouble?
Reply #4   Dec 10, 2007 4:32 pm
  it is true  folk.      tecumsehpower.com   read all about it
borat


Joined: Nov 10, 2007
Points: 2692

Re: Tecumseh in financial trouble?
Reply #5   Dec 10, 2007 5:14 pm
By the looks of the information provided, it would appear that Tecumseh might see an infusion of cash and maybe some re-assessment and re-organization of their plant(s).  Either way, let's hope they not only survive but flourish.  Competition is good. 
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