Tag Archives: Polaris Industries
Polaris Reports Record Annual Sales for 2011
Polaris Industries Inc. (NYSE:PII) today reported record net income of $0.90 per diluted share for the fourth quarter of 2011, up 15 percent over the 2010 fourth quarter. Net income for the fourth quarter 2011 was a record $63.9 million, an increase of 17 percent over the same period in 2010. Record sales of $782.0 [...]
Full StoryPOLARIS chooses PROGRESSIVE as prefered POWERSPORTS INSURANCE provider
Companies join forces to make it easy for off-road riders to get coverage that protects on and off their property
MINNEAPOLIS, (December 2, 2011)—Polaris has chosen Progressive® Insurance as its preferred ATV, Side x Side, snowmobile and neighborhood vehicle insurer. By joining forces, Progressive—one of the country’s leading insurance providers—and Polaris—a leader in the power sports [...]
Polaris Announces Investment in Brammo
Powersports Leader Acquires an Interest in Electric Motorcycle Leader
MINNEAPOLIS (October 26, 2011) — Polaris Industries Inc. (NYSE: PII) today announced a minority investment in Brammo, an Ashland, Ore.-based maker of electric vehicle technology and two-wheel electric vehicles. By investing in Brammo, Polaris obtains access to their proprietary electric vehicle powertrain technology, as well as exposure [...]
POLARIS INDUSTRIES TO KEEP SOME ENGINE MANUFACTURING IN OSCEOLA
The Company will preserve jobs at facility to meet demands of continued, strong growth
MEDINA, Minn. (April 19, 2011) — Polaris Industries Inc. (NYSE: PII) today announced it will keep some of its engine manufacturing operations in Osceola, WI. This announcement comes in response to stronger [...]
Full StoryPolaris Reports Record 2010 Fourth Quarter and Full Year Results
MINNEAPOLIS–Polaris Industries Inc. (NYSE:PII) today reported record net income of $1.55 per diluted share for the fourth quarter of 2010, up 18 percent over the 2009 fourth quarter. Net income for the fourth quarter 2010 was a record $54.5 million, an increase of 24 percent over the same period in 2009. Record [...]
Full StoryPolaris to Introduce New Ranger RZR UTV on January 1, 2011
December 20, 2010 – Polaris Industries announced today that they will be announcing a “Whole New Class of Side x Side“ to the RANGER RZR Family. No further information is available, but check back here for information on January 1, 2011 for all the details.
Lots of rumors are out on the web [...]
Rath Takes Over GNCC 4×4 Open Points Lead
Minneapolis, April 13, 2010– Daryl Rath and his Sportsman 850 XP EPS have been lurking right off the lead since the beginning of the 2010 GNCC Racing Season and this past weekend, at Big Buck they pounced on the “4×4 Open” points lead.
Rath, who finished second at Big Buck, has been relentless racing the Sportsman [...]
Polaris Awarded Contract with Educational and Institutional Cooperative Purchasing
Polaris Industries Inc. (NYSE: PII) today announced the company was awarded a new competitively solicited contract with Educational and Institutional Cooperative Purchasing (E&I). The contract makes Polaris vehicles available to all E&I Cooperative members comprised of more than 1,700 colleges, universities, prep schools and other institutions.
E&I is the largest member-owned buying cooperative for higher education. [...]
Polaris Names Suresh Krishna as Vice President Supply Chain and Integration
MINNEAPOLIS (March 29, 2010) — Polaris Industries Inc. (NYSE: PII) today named Suresh Krishna as vice president supply chain and integration. Krishna has a strong background in operations, mergers and acquisitions and strategic business leadership that spans the globe.
“We are excited to have Suresh join Polaris and [...]
Polaris Announces Profit-Sharing for 28th Consecutive Year
Minneapolis, Minn. (March 5, 2010) – Polaris Industries Inc. (NYSE: PII) announced today it is continuing a 28 year annual tradition of profit-sharing with its employees. The Company will distribute today nearly $10 million of its profits from the 2009 calendar year among approximately 2,200 hourly and non-salaried Polaris employees. On average, each of these [...]
Full StoryPolaris Industries Announces Acquisition of Engine-Developer Swissauto Powersports
Expertise from Switzerland-based Company will enhance Polaris’ engineering capabilities and broaden geographic reach
MINNEAPOLIS (February 3, 2010) — Polaris Industries Inc. (NYSE: PII) today announced its acquisition of swissauto Powersports. Based in Burgdorf, Switzerland, swissauto has expertise in designing and developing high-performance and high-efficiency engines and innovative vehicles. The acquisition will further strengthen [...]
Polaris Announces 2010 Limited Edition RANGERs and RZRs
Minneapolis, January 21, 2010 – Polaris Industries today announced the company’s new limited edition ATV and Side-by-Side offerings. In the past, Polaris’ limited editions have been cosmetic upgrades such as paint but this offering also includes units with performance and technology upgrades. Included, is the first RANGER CREW and RANGER RZR with electronic power steering, [...]
Full StoryPolaris Industries says 2nd-quarter profit falls 28 percent
Associated Press
MINNEAPOLIS — Polaris Industries Inc., which makes off-road and other leisure vehicles, said Thursday its second-quarter net income fell 28 percent as sales declined for nearly all of its products.
The company said its earnings for the quarter ended June 30 fell to $17.5 million, or 53 cents per share, from $24.4 million, or 72 [...]
Polaris and Robby Gordon Team Up
Polaris has struck a marketing and product development deal with NASCAR driver and three-time Baja 1000 Trophy Truck winner Robby Gordon. The three-year agreement includes Gordon providing insight on future products and promoting Polaris’ Ranger RZR side-by-side vehicles.
“I am very excited to be involved with Polaris. They are the leading American [...]
Polaris and Bobcat Form Long-Term Alliance
Polaris Industries Inc. and Bobcat Company today announced a long-term strategic alliance that will leverage the complementary strengths of both companies to penetrate work-related market segments globally. The alliance will include technology sharing, co-development and supply of highly-differentiated work vehicles with a planned launch by the second half of 2010.
“We [...]
Polaris Industries Names New CEO
Polaris Industries Inc. has named Scott W. Wine Chief Executive Officer, effective September 1, 2008. Mr. Wine will succeed outgoing CEO Thomas C. Tiller, who will continue to serve as a member of the company’s Board of Directors.
Mr. Wine joins Polaris from UTC Fire and Security, a unit of Hartford, CT, [...]
Polaris Sportsman ATVs and Polaris RANGERs to Aid in the Effort for Interstate 35W Bridge Recovery
Minneapolis, MN – Polaris Industries today announced the company is working with Minnesota Dealer, Digger’s Polaris & Marine, to provide Sportsman ATVs and RANGER side by side vehicles to help with the recovery efforts of the Interstate 35W bridge disaster.
“As a Minnesota company, we share in the sorrow this tragedy has left [...]
POLARIS INDUSTRIES ANNOUNCES ORGANIZATIONAL CHANGES
Minneapolis, MN – Polaris Industries Inc. today announced targeted organizational changes as part of an overall plan to improve Polaris business over the next 12 to 15 months. These changes, designed to strengthen performance in the increasingly competitive all-terrain vehicle (ATV) category, allow Polaris to realign resources across the organization in [...]
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