Abby’s Guide > Outdoor Power Equipment (Lawn Mowers, Snow Blowers, Chain Saws and more) > Discussions > Tecumseh in financial trouble?
Outdoor Power Equipment (Lawn Mowers, Snow Blowers, Chain Saws and more) Discussions |
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Gelid
Location: Maine
Joined: Nov 19, 2007
Points: 84
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Re: Tecumseh in financial trouble?
Reply #3 Dec 9, 2007 10:11 pm |
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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
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