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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (3081)	7/31/2001 2:56:20 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 10077

An icon of backyard gardening bites the dust: Garden Way Files Chapter 11 Garden Way, manufacturer of Troy-Bilt and Bolens lawn equipment, announced on July 30 that it will close operations here and lay off 550 employees starting in 60 days. The company said it filed for Chapter 11 bankruptcy protection, along with parent GWI Holding Inc., and plans to sell assets to MTD Consumer Group of Ohio, subject to bankruptcy court approval. MTD Consumer Group is a subsidiary of MTD Products Inc. headquartered in Cleveland. It manufactures outdoor power equipment in the United States, Canada and Europe and sells worldwide. Its residential product brand names include Cub Cadet, White Outdoor, Yard-Man and Yard Machines.