Back to news
Thief River Falls’ Arctic Cat sold to group that includes former executive
@Source: startribune.com
Textron has sold snowmobile and ATV maker Arctic Cat.
Brad Darling, a former Arctic Cat vice president and currently president and CEO at Canadian all-terrain vehicle (ATV) maker Argo, and an investment group bought the Thief River Falls company, according to Snow Goer and Motorcycle and Power Sports News.
Terms of the deal were not disclosed.
Textron had announced in December that it was suspending manufacturing of snowmobiles and then in January announced layoffs of most of its manufacturing operations as it explored strategic alternatives.
Textron runs mostly aircraft and defense businesses. It announced the move during its first quarter earnings release Wednesday.
Arctic Cat was part of Textron’s specialized vehicles segment that includes other brands such as Tracker boats, E-Z-Go golf carts, Jacobsen lawn mowers and Cushman utility vehicles.
Arctic Cat still provided sales and sevice for customers and dealerships.
Related News
01 May, 2025
This May Day, workers unite to make big . . .
22 Jun, 2025
Double bogey proves costly as McIlroy sl . . .
02 Jul, 2025
I was on Loose Women - I know the REAL r . . .
02 Jul, 2025
Sports News | Asian Champion 100m Hurdle . . .
30 Apr, 2025
Drones cut rescue time from hours to min . . .
29 Mar, 2025
'Such a pro' Nadia Forde cast in Baz Ash . . .
11 Jul, 2025
FanDuel Promo Code: Claim $150 New User . . .
30 May, 2025
Jury heard contrasting evidence about Ge . . .