Briggs & Stratton to Reimburse Workers for Reduced Wages

Engine manufacturer Briggs & Stratton last week said it would reimburse workers 75 percent of wages lost during a temporary wage reduction last year. The Wauwatosa, Wis.-based manufacturer said it would also restore 401k contributions that were suspended from July 2009, along with a 10-percent pay reduction for its salaried employees in the United States.

Briggs & Stratton executives will become eligible for reimbursement only after the workers.

The company said it expects 2010 sales to decline about 6 percent because of reduced market demand. The company is planning on lower production levels in 2010 compared with 2009.