Arctic Cat is currently owned by Textron Inc., a global industrial company. Textron acquired Arctic Cat in 2017 for $247 million, and today the brand operates as a division of Textron. Prior to its acquisition by Textron, Arctic Cat underwent several changes in ownership, including a merger with Suzuki Motor Corporation in the 1990s.
High-quality and reliable product Arctic Cat is known for producing power sports vehicles that are built to last and perform well in a variety of conditions. Wide range of products From snowmobiles to ATVs to side-by-sides, Arctic Cat has a product offering that appeals to a wide range of riders and enthusiasts.
Strong reputation Arctic Cat has a strong reputation in the power sports industry, with a history of producing top-quality vehicles that are loved by riders. Innovation Arctic Cat is committed to continuously improving and innovating its products, which helps the brand stay ahead of the competition and meet the needs of its customers. Strong customer support Arctic Cat values its customers and offers strong support through its network of dealers and distributors, as well as through its customer service team.
A Look Back at Arctic Cat’s History
Arctic Cat was founded in 1960 by Edgar Between, who was credited with creating the first snowmobile. The company was originally named Polaris Industries, but changed its name to Arctic Enterprises in 1961 and then Arctic Cat in 1996. Over the years, Arctic Cat became known for its high-quality and reliable snowmobiles, as well as its expansion into ATVs and other power sports vehicles. In the early 2010s, Arctic Cat faced financial struggles and underwent significant changes in ownership.
A Brief History of Arctic Cat
Arctic Cat was founded in 1960 by Edgar Between, who was credited with creating the first snowmobile. The company was originally named Polaris Industries, but changed its name to Arctic Enterprises in 1961 and then Arctic Cat in 1996. Over the years, Arctic Cat has become known for its high-quality and reliable snowmobiles, as well as its expansion into ATVs and other power sports vehicles.
In 2017, Textron Inc., a global industrial company, acquired Arctic Cat for $247 million, and today the brand operates as a division of Textron.
Who Owns an Arctic Cat Today?
In 2017, Textron Inc., a global industrial company, acquired Arctic Cat for $247 million. Textron is a diversified company with businesses in industries such as aviation, defence, and finance, but also has a presence in the power sports industry through its subsidiary Arctic Cat. Today, Arctic Cat operates as a division of Textron, with its headquarters remaining in Thief River Falls, Minnesota.
The Early Days of Arctic Cat: From Polaris to Arctic Enterprises
Arctic Cat was founded in 1960 by Edgar Between, who was credited with creating the first snowmobile. The company was originally named Polaris Industries, but changed its name to Arctic Enterprises in 1961. Under the leadership of Between and other key figures, Arctic Cat quickly gained a reputation for producing high-quality and reliable snowmobiles.
In the 1970s, the company expanded its product line to include ATVs and other power sports vehicles.
Arctic Cat’s Product Offerings
Arctic Cat is primarily known for its snowmobiles, but the company also produces a variety of other power sports vehicles, including ATVs, side-by-sides, and UAVs. In the snowmobile category, Arctic Cat offers a range of models for different types of riders and terrain, including trail, mountain, and utility snowmobiles.
In the ATV and side-by-side categories, Arctic Cat offers a variety of models for work and play, with options for different engine sizes and features. Arctic Cat’s UTV line-up includes both recreational and utility models, with options for single and multi-seat configurations.
Arctic Cat’s Evolution: From Arctic Enterprises to Arctic Cat
In 1996, Arctic Enterprises officially changed its name to Arctic Cat, a move that better reflected the company’s focus on snowmobiles and ATVs. Throughout the late 1990s and early 2000s, Arctic Cat continued to innovate and release new products, solidifying its position as a leader in the power sports industry. However, in the early 2010s, the company faced financial struggles and underwent significant changes in ownership.
Arctic Cat’s Place in the Market
Arctic Cat is a well-respected brand in the power sports industry, with a reputation for producing high-quality and reliable vehicles. In the snowmobile market, Arctic Cat competes with other well-known brands such as Ski-Doo and Polaris.
In the ATV and side-by-side markets, Arctic Cat faces competition from brands such as Honda, Yamaha, and Polaris. Despite the competition, Arctic Cat remains a popular choice for power sports enthusiasts due to its commitment to innovation and customer satisfaction.
Arctic Cat’s Acquisition by Textron Inc.
In 2017, Textron Inc., a global industrial company, acquired Arctic Cat for $247 million. Textron is a diversified company with businesses in industries such as aviation, defence, and finance, but also has a presence in the power sports industry through its subsidiary Arctic Cat. Today, Arctic Cat operates as a division of Textron, with its headquarters remaining in Thief River Falls, Minnesota.
FAQs about Arctic Cat
What is Arctic Cat?
Arctic Cat is a brand that produces a range of power sports vehicles, including snowmobiles, ATVs, side-by-sides, and utility terrain vehicles (UAVs). The company was founded in 1960 and is currently a division of Textron Inc.
Where is Arctic Cat headquartered?
Arctic Cat is headquartered in Thief River Falls, Minnesota.
What kind of power sports vehicles does Arctic Cat produce?
Arctic Cat produces a range of power sports vehicles, including snowmobiles, ATVs, side-by-sides, and UAVs. Within each category, there are various models available to suit different types of riders and terrain.
How does Arctic Cat compare to other power sports brands?
Arctic Cat is known for producing high-quality and reliable power sports vehicles, and the brand has a strong reputation in the industry. In terms of specific products, Arctic Cat competes with other well-known brands such as Ski-Doo and Polaris in the snowmobile market, and with brands such as Honda, Yamaha, and Polaris in the ATV and side-by-side markets.
Conclusion
In conclusion, Arctic Cat is a well-respected and well-known brand in the power sports industry, with a long history of producing high-quality and reliable vehicles. The company offers a range of products, including snowmobiles, ATVs, side-by-sides, and UAVs, that appeal to a wide range of riders and enthusiasts.
Arctic Cat is currently a division of Textron Inc., and with the resources and expertise of this global industrial company, the brand is poised to continue its legacy of innovation and success in the years to come.
