Thief River Falls (trfnews.i234.me) — In a surprising twist at the end of the Thief River Falls City Council meeting on Tuesday, March 18, Mayor Mike Lorenson revealed the city has received inquiries from several potential investors interested in Arctic Cat. City leaders remain hopeful that a deal will be reached with Textron Inc., Arctic Cat’s… Continue reading SHOCKING: Pennington County’s Arctic Cat Plant Faces Collapse Amid Textron Deal Uncertainty!
Tag: Textron
Textron to Suspend Arctic Cat Production Indefinitely Amid Strategic Review
Pennington County, MN (trfnews.i234.me) – Textron Inc., the parent company of Arctic Cat, has announced plans to indefinitely suspend production of its powersports products in the first half of 2025. This decision is attributed to ongoing weak consumer demand in the powersports market. In a Form 8-K filing with the Securities and Exchange Commission dated… Continue reading Textron to Suspend Arctic Cat Production Indefinitely Amid Strategic Review