Why Is Arctic Cat Textron?

Baird, equity analyst Craig Kennison, as he stated in a Minneapolis Star Tribune interview. Here are 10 reasons he gave as to why Arctic Cat was sold to Textron: ... Too much unsold inventory – Arctic Cat had troubles clearing dealer inventories. Trouble supporting new product research-and-development.

What will Textron do with Arctic Cat?

Arctic Cat Inc. will be folded into Textron's specialized vehicles business, but the brand, as well as its manufacturing, distribution and operational facilities, will be maintained. ... The Minneapolis company employs around 1,600 people.

Is Arctic Cat and Textron the same?

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 .