The defense contractor Textron is buying the snowmobile maker Arctic Cat in a deal valued at about $247 million. Textron said Wednesday that it will pay $18.50 per Arctic Cat share, a 41 percent ...
The Minnesota powersports manufacturing company Arctic Cat will be closing its St. Cloud facility next year, its parent company Textron Inc. confirmed. The company will pause its powersports ...
THIEF RIVER FALLS, Minn. — Just over 400 Minnesota Arctic Cat workers will be laid off this spring from the company’s Thief River Falls and St. Cloud manufacturing locations, parent company Textron ...
Arctic Cat, which was nearly dead a year ago, has rebuilt operations and is now buying the assets of another snowmobile maker. The Thief River Falls, Minn., company now owns the properties and ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Textron had said last winter it ...
Arctic Cat will permanently lay off hundreds of workers from one of its production facilities in Thief River Falls, part of parent company Textron’s plan to scale back operations. The cuts will take ...
Arctic Cat has permanently laid off 65 workers in Thief River Falls and furloughed other hourly workers at the snowmobile plant there. Textron, Arctic Cat’s owner, will shut down the plant after the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Textron bought Arctic Cat in ...
THIEF RIVER FALLS, Minn. — Thief River Falls Mayor Brian Holmer believes the impending closure of one of the city's two biggest employers will undoubtedly have a negative impact on the city but, even ...
Given the relatively niche corner of the marketplace that snowmobiles occupy, one could be forgiven for not being familiar with the Arctic Cat name. However, the brand is well-known among snowmobile ...
FOX 9 Minneapolis-St. Paul on MSN
Arctic Cat sold to former executive following layoff announcements
Minnesota-based manufacturer of snowmobiles, ATVs and side-by-sides, Arctic Cat, announced the company was purchased by a ...
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