Is Textron Arctic Cat?

Is Textron Arctic Cat?

Arctic Cat became a part of Textron in 2017. Our vehicles are now designed and built by Textron Specialized Vehicles, a division of Textron that also manufactures Cushman commercial and industrial utility vehicles, E-Z-GO golf cars, Jacobsen turf equipment and Textron Ground Support Equipment .

Does Textron own Polaris and Arctic Cat?

Textron acquires Polaris in 1968

At the height of the snowmobile craze in the 1960s, diversified manufacturer Textron (NYSE: TXT) acquired the company, which joined it with the E-Z Go golf cart company it had acquired. (Coincidentally, Textron acquired Arctic Cat in March of this year.)

Why did Arctic Cat sell to Textron?

Textron Inc reported a 4.4 percent fall in quarterly profit, and said it would buy all-terrain vehicle maker Arctic Cat Inc for $247 million in cash as it looks to strengthen its specialized vehicles business amid slowing business jet sales.

David Miller
Author

David Miller

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.