
Yahoo Finance· August 15, 2026
Major Lawn and Garden Manufacturer Files for Bankruptcy
One of the oldest US manufacturers of lawn and garden equipment, in business for more than half a century, has filed for Chapter 11 bankruptcy protection. The company has struggled with declining sales, heavy debt, and rising costs amid shifting consumer demand. Management warned that if restructuring efforts fail, full liquidation of assets and plant closures remain a real possibility. The news affects not only the company's employees and suppliers but the broader home and garden products sector, which has seen significant consolidation in recent years. For investors, it's a reminder that even long-established brands with decades of history can face structural industry pressures.