Adds Additional Paint Capacity to Supplement Spirit Lake Motorcycle
Factory
MINNEAPOLIS--(BUSINESS WIRE)--
Polaris Industries Inc. (NYSE:PII) today announced it purchased the
facility and paint equipment occupied by Lehman Trikes, prior to
Lehman’s move to California.
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Indian Roadmaster (Photo: Business Wire)
The 51,000-square-foot facility in Spearfish, S.D., will provide
additional liquid paint capacity for Indian and Victory motorcycles made
in Spirit Lake, Iowa.
Polaris will employ approximately 80 people in a two-shift operation at
the facility, located at 125 Industrial Drive. Production is planned to
begin in Q4 2015.
About Polaris
Polaris is a recognized leader in the powersports industry with annual
2014 sales of $4.5 billion. Polaris designs, engineers, manufactures and
markets innovative, high quality off-road consumer and military
vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER®
and RZR® side-by-side vehicles, snowmobiles,
motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and
off-road vehicles and has established a presence in the heavyweight
cruiser and touring motorcycle market with the Victory®
and Indian Motorcycle® and Slingshot® brands.
Additionally, Polaris continues to invest in the global Work and
Transportation vehicle industry with Global Electric Motorcars (GEM),
Goupil Industrie SA, Aixam Mega S.A.S., and internally developed
vehicles. Polaris enhances the riding experience with a complete line of
Polaris Engineered Parts, Accessories and Apparel, Klim branded apparel
and ORV accessories under the Kolpin®, Cycle Country®
and Pro Armor® brands.
Polaris Industries Inc. trades on the New York Stock Exchange under the
symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock
price index.
Information about the complete line of Polaris products, apparel and
vehicle accessories are available from authorized Polaris dealers or
anytime at www.polaris.com.
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Source: Polaris Industries Inc.