Excel Industries Layoffs Tied to Changes in the Lawn Mower Market

After years of growth, demand for Excel products leveled off and the company needs to match inventory with sales.

Hustler Mower 5952acb1a5016

Approximately 270 people are without jobs in Hesston, Kansas, after Excel Industries laid off workers. The company says after years of unprecedented growth, demand for its products leveled off and it needs to reorganize to match inventory with sales.

People aren't buying as many mowers as before.

Freedonia Group conducted a national study earlier this year, and analyzed Excel, and the power lawn and garden equipment industry. The data seems to match up with what Excel is saying.

"They're one of the companies we looked at as a key provider of rear-engine zero-turn radius mowers," said Jenny Christ, a manager of consumer and commercial good with Freedonia.

To read the full original article, please click here.

Companies in this article