Minneapolis, MN (5/21/2010) - Realignment expected to improve
long-term competitive positioning resulting
from logistical and
production cost savings while expediting delivery
times.
In an effort to improve its long-term competitive
positioning, increase operational efficiencies
and position the company for future growth,
Polaris Industries Inc. (NYSE: PII) today
announced plans to realign its operations
and refocus on its core strategic manufacturing
processes. The
Company will create manufacturing centers
of excellence for Polaris Products by enhancing
the existing Roseau, Minn. and Spirit Lake,
Iowa, production facilities and establishing
a new facility in Mexico.
About Polaris
With annual
2009 sales of $1.6 billion, Polaris designs,
engineers, manufactures and markets off-road
vehicles (ORVs), including all-terrain vehicles
(ATVs) and the Polaris RANGER(r), snowmobiles
and Victory Motorcycles(r) for recreational
and utility use. Polaris is a recognized leader
in the snowmobile industry, and one of the
largest manufacturers of ORVs in the world.
Victory Motorcycles, established in 1998 and
representing the first all-new American-made
motorcycle from a major company in nearly
60 years, are rapidly making impressive in-roads
into the cruiser and touring motorcycle marketplace.
Polaris also enhances the riding experience
with a complete line of Pure Polaris(r) apparel,
accessories and parts, available at Polaris
dealerships.
Polaris Industries Inc.
trades on the New York Stock Exchange under
the symbol "PII," and the Company
is included in the S&P Small-Cap 600 stock
price index.
Information about the
complete line of Polaris products, apparel
and vehicle accessories, is available from
authorized Polaris dealers or anytime from
the Polaris homepage at www.polarisindustries.com.
