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MUNNSVILLE - Simplicity Manufacturing, Inc., a Port Washington, Wisc.-based manufacturer of yard-care equipment, has agreed to purchase Ferris Industries for an undisclosed price. Ferris' revenue for 1998 was nearly $25 million, according to Troy Blewett, manager of corporate communications for Simplicity.
Ferris' operations will remain in Munnsville and no jobs will be lost, according to officials at both companies.
The purchase of Ferris gives Simplicity a line of commercial lawn-care equipment to complement the company's line of residential products. Simplicity will continue to market mowers under the Ferris name through independent dealers.
"The commercial market is the fastest growing in the outdoor-powerequipment...