Briggs & Stratton Corporation Announces a price $ 225 million of senior notes (prnewswire.com)

MILWAUKEE, 15 December 2010 FirstCall /-Briggs & Stratton Corporation (NYSE: BGG) (the "Company") announced today it has prices public offering of 225 million principal amount of notes higher by 2020, which will bear interest at the rate of 6.875%. Supply is effected under a shelf registration statement and should close on 20 December 2010.

The company intends to use the net proceeds of offers to buy his main 8.875 notes outstanding % from 15 March 2011 and pay and expenses with respect to the offer and the redemption purposes general business.

BofA Merrill Lynch and J.P. Morgan acted as joint book-running offer managers.

The company filed a statement of registration (including related prospectus and the prospectus supplement to the offer) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the applicable preliminary prospectus supplement and the prospectus accompanying for information more complete on this offer and the company. You can get these documents for free by visiting the SEC to the www.sec.gov website. Moreover, copies can be obtained from BofA Merrill Lynch to the attention of the World Financial Center, New York, NY 10080, 4: operations Union or by telephone at 800-294-1322 or by email: dg.prospectus_requests@baml.com.

This press release is not an offer to sell securities and solicit an offer to buy these securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would forward illegal registration or qualification under the securities of such jurisdiction laws. The securities offered have not been approved or deprecated by any regulatory authority, or any such authority passed on the accuracy or relevance of the prospectus supplement or shelf registration statement or prospectus.

On Briggs & Stratton Corporation:

Briggs & Stratton Corporation headquartered in Milwaukee, Wisconsin, is the producer country gasoline for outdoor power equipment. Its subsidiary subsidiary Briggs & Stratton Power Products Group, LLC is manufacturer number one portable generators and cleaners North American high pressure is a leading designer, manufacturer and distributor of lawn and garden and lawn care through its trademark simplicity ®, snapper ® Ferris ®, Murray ®, Victa ®. The company products are designed, manufactured, marketed and more than 100 countries on six continents.

Safe Harbor statement:

This release contains certain forward-looking statements involve risks and uncertainties that could cause actual results differ significantly from those in forward-looking statements. The words "anticipate", "believe", "pourrait", "estimate", "expect", "forecasts", "plans", "can" says "objective", "plan", "project", "seek", "believe", "will" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on the current views of society and assumptions and involve risks and uncertainties include, among other things, the ability of forecast demand for our products successfully and properly adjust our production and inventory levels. changes in our operating costs. changes in rates of interest; the effects of weather on original equipment manufacturers (OEMs); and consumer purchasing habits shares of manufacturers of engines and OEMs with whom we compete. the seasonal nature of our business. changes in laws and regulations, including environment, tax, pension funds and accounting; standards the ability to obtain adequate working capital and meet the related Covenants. stops working or other consequences of any deterioration in relations with employees. stops working by other unions that affect the ability of suppliers or customers manufacturing; acts of war or terrorism which may disrupt our business operations or those of our customers and suppliers; changes and client demand for OEM; evolution of prices for raw materials and parts that we buy. changes in economic conditions, including starts and changes in the confidence of consumers; changes in the market value of the assets in our diet benefit determined and any related financing needs. changes in economic conditions, including fluctuations in the rate of Exchange; the actions of clients of our OEM customers. the ability to bring new productive capacity online effectively and with a good quality; the ability to achieve the maximum value of goods which may require a provision market successfully products or methods of production of change; new facts come to the later evolution of litigation proceedings that could affect our assessment of these issues; and other factors which may be disclosed time to time in our SEC deposits or otherwise, including the factors discussed in the company, dated 13 December 2010 dated prospectus supplement and 1 point a, the risk factors of the company in its reports on form 10-Q and form 10-K annual report. Some or all of the factors may be beyond our control. We cautions you that any forward-looking statement reflects our belief at the time where that the statement was made only one. We did ourselves under no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the Declaration is made.

SOURCE Briggs & Stratton Corporation

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Nestle Plans to invest 100 million dollars in production of Milo, Indonesia Cerelac (Yahoo!)

Nestle SA, more food in the world, company will invest 100 million dollars in Indonesia to make products of chocolate scented Milo and Cerelac weaning formula as purchasing power grows in the largest economy of Southeast Asia.

Factory in West Java Enterprise will be ready by the end of 2012 and initially employ approximately 300 people, PT Nestlé Indonesia President Director Arshad Chaudhry said in an interview in Jakarta on 6 December. Nestle buy approximately 10 000 tons of cocoa powder annually farmers to Milo, he said. The Indonesia is the third largest producer worldwide cocoa.

Nestle, who in August raised its forecasts throughout the year as emerging markets demand stimulated first half sales more quickly that estimates analysts, will focus on nutrition and well-being products Chief Financial Officer Jim Singh said. Manufacturer of KitKat and NESCAFÉ is Indonesian households with a monthly income of 800 000 rupiah ($89) and 1.45 million rupiah whose purchasing power is on the rise, said Chaudhry.

These markets are "people who continually seek solutions to provide nutritious foods with limited money that they would have", he said. "Products such as worthy Milo in this well."

Nestle seeks to replicate the success he had with milk formulas as his milk powder ideal, which can be sold in packets for 1,000 rupiah said Chaudhry. Milk powder and such products Dancow, milk brand sterilized and ideal Bear about contribute half of annual sales of the Nestlé Indonesia approximately 1 billion, he said.

Dairy products

After the new plant is operational there are plans to add capabilities between 2013 and 2015 to provide for domestic needs, Chaudhry said at a press conference today.

Nestle the Indonesia investment Kejayan, is the most important is to Java, where he expanded the production of milk with an investment of $ 100 million last year. Factory handles approximately 700 000 litres of milk purchased from 33,000 dairy farms in East Java on a daily basis.

This plant, "one of 10 best plants for Nestlé" by volume, provide some of the milk required to make products of Milo at the new plant, said the Executive.

Nestle has won 10 percent this year so that the Swiss market index has lost 0.6%. However, Vevey, shares the company focused on the trails Switzerland ascension 14 percent by oriented Northfield, Illinois Kraft Foods Inc., his closest rival.

Fox Candy

Nestle Indonesia was founded in 1971 and employs approximately 2,600 people. He has another plant in Lampung province of southern Sumatra, in the production of soluble coffee NESCAFÉ and blends of coffee and buys approximately 10 000 tons of green coffee per year to about 10,000 local coffee producers said. Nestle has a factory in Cikupa, Tangerang, manufacture of confectionery and sweets from Fox.

MILO is a scented chocolate sold in Asia as an energy drink beverage and Indonesia Nestlé sells approximately 15,000 to 20,000 tons of product per year, a company that grows every year, 20 percent Chaudhry said.

"We expect similar growth in the years to come", he said. In addition to the drink, Milo among other products Blazz of Choco, presented this year a snack bar, he said.

Nestle currently ships plants and Malaysia Singapore Indonesia Milo.

Cerelac formula

With the new plant, Nestlé Indonesia will also seek local suppliers for red rice and its formula of Cerelac mung beans, said Chaudhry. Mung beans are an important source of vegetable protein for developing countries.

Among other products the Switzerland Nestlé contributing to annual sales of 1 billion dollars in Indonesia Nestea sale for 500 rupiah packets each, said Chaudhry, who worked in Pakistan, and China, to the Indonesia in September 2009.

"When you have limited money, you are very interested in spending money wisely, because getting sick is not an option", he said. "When you get sick, he should spend more money." To avoid this, it y much interest for the purchase of products that show good quality and good nutrition. »

To contact the reporter on this story: Claire Leow Singapore cleow@bloomberg.net; Eko Listiyorini elistiyorini@bloomberg.net.

To contact the responsible editor of the story: Frank Longid flongid@bloomberg.net