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: snowmobile manufacturing
Pennington County: Arctic Cat Sold in Shocking Turnaround—New Owner Promises Revival of Thief River Falls Plant
Pennington County (trfnews.i234.me) — In a surprising development, Arctic Cat’s manufacturing plant in Thief River Falls, Minnesota, has been sold to former executive Brad Darling and an investment group. Textron Inc., the previous owner, announced the sale of its powersports business, including the Arctic Cat brand and operations, on Thursday. Darling, who spent 17 years… Continue reading Pennington County: Arctic Cat Sold in Shocking Turnaround—New Owner Promises Revival of Thief River Falls Plant