Thief River Falls, MN (trfnews.i234.me) — In a significant development for the local community and the powersports industry, Arctic Cat has been acquired by former executive Brad Darling and an investment group. This acquisition comes in the wake of Textron Inc.’s announcement to suspend manufacturing operations at the Thief River Falls facility by May 22,… Continue reading Thief River Falls: Arctic Cat Rescued from Shutdown—Sold to Former Exec Amid Layoffs
Tag: Arctic Cat layoffs
Arctic Cat Shutdown: Nearly 400 Employees to Lose Jobs in Thief River Falls by May 22nd
Thief River Falls, MN (trfnews.i234.me) – Textron Inc. has announced that its Arctic Cat manufacturing plant in Thief River Falls will indefinitely suspend operations by May 22nd, leaving nearly 400 employees without jobs. According to Brandon Haddock, Director of Communications for Textron, employees who work through their designated completion dates will be eligible for severance… Continue reading Arctic Cat Shutdown: Nearly 400 Employees to Lose Jobs in Thief River Falls by May 22nd
Arctic Cat Announces Workforce Reductions and Temporary Production Pause
Thief River Falls, MN (trfnews.i234.me) – Textron’s Arctic Cat division has announced significant changes, including workforce reductions and a temporary halt in production at its Thief River Falls, Minnesota, facility. According to a letter sent to dealers on Wednesday, November 13, the company is reducing its workforce across the powersports segment. Production of the 2025… Continue reading Arctic Cat Announces Workforce Reductions and Temporary Production Pause