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Husqvarna Buys Dixon!

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#3 ·
Our local Dixon guy is top notch but the Husqy dealer has the biggest collection of incompetents I've seen in one place. If this buy out is true then I foresee bad things for Dixon locally because you just know they'll give the dealership to the poorest customer service:laugh: :cry: Yeah, I'm conflicted
 
#5 ·
Mowing Freak said:
yep, he's right. They give slips to 159 employees today. Husky bought them and will move the plant to Nebraska. Maybe Husky can improve on the quality of Dixon!!
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IMPROVE? wow, I wouldn't use a Husquvarna mower if you gave it too me...:dizzy: Looks like once my new Dixon dies I will have to just give up the lawn business. Dixon has been in Coffeeville KS since like 1974. Wonder if my dealer has even heard about this? Wonder how long Dixon mowers will even be around? :cry: :cry: :cry:
 
#7 ·
Jason Rose said:
IMPROVE? wow, I wouldn't use a Husquvarna mower if you gave it too me...:dizzy: Looks like once my new Dixon dies I will have to just give up the lawn business. Dixon has been in Coffeeville KS since like 1974. Wonder if my dealer has even heard about this? Wonder how long Dixon mowers will even be around? :cry: :cry: :cry:
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Agree on all counts...That will SUCK if that is true. And they are a darn fine mower the way it is, nothing IMO needs improved. I REALLY love my new Dixon, that is for sure.

KS_Grasscutter
 
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Discussion starter · #8 ·
KS_Grasscutter said:
Agree on all counts...That will SUCK if that is true. And they are a darn fine mower the way it is, nothing IMO needs improved. I REALLY love my new Dixon, that is for sure.

KS_Grasscutter
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It's a done deal. Manufacturing will move to Nebraska which is a brand new, state of the art facility.
 
#9 ·
ThirdDay said:
It's a done deal. Manufacturing will move to Nebraska which is a brand new, state of the art facility.
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So does that mean that the same Dixon mowers will still be made to the same level of quality as they currently are? What about dealers? How will that work out? Thanks very much for any information!

KS_Grasscutter
 
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#11 ·
That is probably the old Kees factory in Beatrice. Just what Electrolux needs, another struggling-to-survive mower company, to add to their already long
list. Yep, Yazoo, Kees, Dixon. Leave it to a vacuum cleaner company to suck up the leftovers and crumbs.

ThirdDay said:
It's a done deal. Manufacturing will move to Nebraska which is a brand new, state of the art facility.
Click to expand...
 
#12 ·
Husky went independant from Electrolux. http://corporate.husqvarna.com/index.php?p=ir&s=press&t=detail&afw_id=1043481&lang=en

The Electrolux Annual General Meeting held on 24 April 2006 decided to distribute all shares in Husqvarna to the shareholders in Electrolux. The record day for the receipt of shares in Husqvarna was 12 June 2006. Trading in the Husqvarna shares started on 13 June 2006, on the O-list of the Stockholm Stock Exchange.

The last day of trading in Electrolux shares that entitle the holder to a dividend on shares in Husqvarna was June 7 2006. As of June 8 2006 the price of the Electrolux share is adjusted to reflect the fact that Husqvarna is no longer part of Electrolux.

Distribution of shares
Holders of Electrolux shares who are registered as of the record day are entitled to receive one A- or B-share in Husqvarna for every A- or B-share held in Electrolux.

Receipt of shares
Shareholders registered as of the record day in the register of shareholders in Electrolux, held by VPC AB (Swedish Central Securities Depositary & Clearing Organization), will automatically receive shares in Husqvarna without further arrangements. The shares in Husqvarna will be available in the shareholder's VPC account the day after the record day (or in VPC accounts belonging to those who, for some other reason, are entitled to the dividend). VPC will then send a notice stating the number of shares registered in the shareholders' VPC account.

Nominee shareholding
Shareholders whose holdings in Electrolux are nominee-registered with a bank or another nominee will not receive a notice from VPC. Notification will instead be given in accordance with the nominees' general procedures.

Distribution to holders of Electrolux ADRs
AB Electrolux has an American Depositary Receipt (ADR) facility in the United States. Through this facility, Electrolux ADRs representing Electrolux series B-shares currently trade on the US over-thecounter (OTC) market. The Electrolux ADR Program will continue after the distribution of Husqvarna shares, and it is currently expected that a new ADR program for Husqvarna B-shares will be established at the time of distribution.

The new Husqvarna ADR program will enable distribution of Husqvarna ADRs to existing holders of Electrolux ADRs. It is expected that the new ADRs in Husqvarna will trade on the American OTC market and carry substantially the same rights as the Electrolux ADRs. It is expected that the Bank of New York will act as ADR Depositary Bank for Husqvarna. Registered holders of Electrolux ADRs will receive new ADRs in Husqvarna AB directly from the ADR Depositary Bank, and those who hold ADRs in a broker account will have their new Husqvarna ADRs credited by their broker. The establishment of the Husqvarna ADR program is subject to Husqvarna's signing a depositary agreement with the Depositary Bank, as well as other customary conditions.

Right to dividend
Shares in Husqvarna will entitle the holders to dividends as of the financial year 2006. Payment of dividends, if any, will be implemented through the VPC, or for nominee-registered shares in accordance with the nominees' general procedures.

Prospectus
The prospectus for listing of Husqvarna AB 2006 comprises three parts, "AB Electrolux distribution of shares in Husqvarna AB and prospectus for listing of the company 2006", "Supplement to the prospectus for listing of Husqvarna AB 2006" and "Supplement to the Prospectus in view of a newly elected board member". All three parts of the prospectus should thus be read.

The prospectus and the supplements were approved and registered by the Swedish Financial Supervisory Authority on 4 April 2006, 22 May 2006 and 2 June respectively.
 
#13 ·
Thats right, I forgot that Electrolux decided to dump the lawn equipment opertaions. This makes the latest acquisition even more troublesome. Husky does not have the big bucks from Electrolux to keep it afloat anymore.
 
#14 ·
Dixon has the potential to be a good heavy built commercial mower but the big wigs wouldn't let the engineers design the mower that way. They would buy competitors mowers all the time and get ideas but would cheapen them up then in some way incorporate the idea into Dixon. I'm sticking with my Walkers. There are lots of good mowers available so no one mower is the best over all the others. Thats why I wonder why Dixon didn't improve on quality. Now, 159 people are out of work.
 
#15 ·
I dont think they really needed there $. It would help, but they werent loosing $.

I really dont see Husky changing that much with Dixon. I bet all the same parts will be used you just may see a few orange Dixons being sold as Huskys.

We will se in a few years though.
 
#16 ·
Why does everyone here think that Dixon mowers are such s*** mowers? Everyone around here seems to be having good enough luck with them, as they keep going back for more new ones. Guess it will be interesting to see how this plays out...

KS_Grasscutter
 
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#17 ·
I agree with you Ks Cutter. Everyone in Coffeyville who buys them thought the world of them as a lot of people here are bent on supporting local businesses which is good. But when some of the people I talk to who have owned Dixon in the past have cussed Dixon because of constant breakdowns. I won't own a dixon because of their non commercial quality eventhough they make a "commercial" unit that cost more than the walker I bought the other day. There is a business here that bought a "commercial" unit from Dixon and the thing breaks down on them a few times per time they are mowing with it. Dixons are alright for home owners. Just not commercial use. If you treat your mowers right, then good, I'm glad their working for you. But for a lot of people who dont have smooth ground or have a lot of accounts, they don't have a good history of being a good built mower. They are built for home owner use and now are trying to get into the commercial market. I would put up husters or any of the other mowers home unit against Dixons "commercial" unit and would probably run circles around it as with dixon, I would have to stop and put a belt on or replace a non greasable bearing.
 
#18 ·
KS_Grasscutter said:
Why does everyone here think that Dixon mowers are such s*** mowers? Everyone around here seems to be having good enough luck with them, as they keep going back for more new ones. Guess it will be interesting to see how this plays out...

KS_Grasscutter
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Maybe it is because they are? We HAD a Dixon dealer here a couple years ago and he stopped carrying them because they wouldnt sell. He sold a couple to home owners but thats it. I have never seen a dixon commercial unit on anybodys trailor in my many years in this business and to me that doesnt speak very highly of dixon. Now I cant sit here and say that dixon is junk because I have never used on nor have i ever known anybody personally that has used one. But with out good dealer support and good reports from local LCO's there is no way in hell I would buy one.
 
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#19 ·
I don't think Dixon mowers are junk, they are just a weak brand. About 10 years ago, as I was thinking of opening a mower sales and service store, I made a list of all the existing brands that I felt were weak, and would not survive as independent companies. My list hasa been pretty accurate. On my list of weak brands were the following: Yazoo, Kees, Ferris, Dixon, and Bunton, among others. I have added other brands since, like: American blade Runner, Badboy, Great Dane, and believe it or not, Hustler. Ok, you can all jump on me for the Hustler listing. But, any company that makes so many changes to their models, then,has problem, after problem with decks and other odds and ends, resulting in a neverending string of warranty retlated "fixit kits", is not going to survive in the long term. It costs a lot to keep making all these changes, doing redesign, and supplying "fixes' after the fact. Hustler makes fine, tough machines. I just wonder how deep their pockets are?? Pile on me all you want, but Hustler stays on my "will not survive lonterm as an independet" list.
 
#20 ·
I appreciate the honest replys. I have, by all means, a VERY small lawn service...maybe that is why i have had good luck with them. I will add, though, that there is one LCO in town that runs 3 older dixons over 200 lawns a week, and the mowers have over 3000 hrs. on them from what I hear. Also hear he does lots of preventative mantinance on his machines, so that could be the reason they are still holding up.

Yea, from what i hear, Coffyville is a pretty small town...this will pretty much end the local economy, wont it?

Again, I appreciate the honest replys.

KS_Grasscutter
 
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