Arctic Cat
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| Company type | Subsidiary |
|---|---|
| ISIN | US0396701049 |
| Industry | Powersports |
| Founded | 1960 in Thief River Falls, Minnesota, US |
| Founder | Edgar Hetteen |
| Fate | Acquired by Textron |
| Headquarters | , US |
| Products | |
| Revenue |  US$585.27 million (FY 2012) |
| US$45.89 million (FY 2012) | |
| US$29.94 million (FY 2012) | |
| Total assets |  US$255.42 million (FY 2012) |
| Total equity | US$138.47 Million (FY 2012) |
Number of employees | 1,369 (March 2012) |
| Parent | Textron |
| Website | www |
| Footnotes / references [1] | |
Arctic Cat is an American brand of snowmobiles and all-terrain vehicles manufactured in Thief River Falls, Minnesota. The company was formed in 1960 and is now part of Textron Inc. Arctic Cat designs, engineers, manufactures, and markets all-terrain vehicles, snowmobiles and related parts, garments (such as snowmobile suits), and accessories.
History
[edit]Arctic Cat was formed by snowmobile pioneer Edgar Hetteen in 1960[2] after leaving his previous self-started business, Polaris Industries. Arctic Cat grew to become a major manufacturer of snowmobiles, watercraft, winter clothing, and all-terrain vehicles (ATVs).[3] The company's first name was Polar Manufacturing, but it soon changed to Arctic Enterprises.[2] The company made its first snowmobile in 1960.
In 1968, a 15,000-square-foot winter-wear factory was opened in Rainy River, Ontario, employing an additional 60 workers.[4] In 1970, they started the Boss Cat line.[5]
Various boat manufacturers including Silver Line, Lund, Larson, and Spirit Marine, were bought and operated throughout the 1970s to expand the company.
Arctic Cat went bankrupt in 1982 but two years later, a new company, Arctco, was created to continue the production of Arctic Cat snowmobiles.[2] In 1996, the company changed its name to Arctic Cat.[6]
The company has produced many other product lines including snowblowers, generators, mini bikes, personal watercraft, helicopters, and two-wheel drive vehicles. The brand's headquarters has relocated several times,[7] but Arctic Cat continues most of its manufacturing, along with snowmobile engineering, in Thief River Falls, Minnesota.[8] The company also manufactures engines at a facility in St. Cloud, Minnesota.[9]
On January 25, 2017, it was announced that Textron would acquire Arctic Cat for $247 million in a cash transaction.[10] The all-terrain vehicles and side-by-side models branded as Arctic Cat were either discontinued or rebranded as Textron. The snowmobile models kept the Arctic Cat brand.
In early 2019, the company announced that the Arctic Cat brand would return to its side-by-sides and ATVs beginning with the 2020 model year.[11]
Vehicles today
[edit]Snowmobiles
[edit] | This section's tone or style may not reflect the encyclopedic tone used on Wikipedia. (January 2016) |
Arctic Cat currently sells the M Alpha One, M Mountain Cat Alpha One, Riot, Riot Touring, ZR, ZR R-XC, ZR Thundercat, ZR RR, Norseman, and Pantera.[12] Many models are configurable. They also sell two youth snowmobiles, the ZR 120 and ZR 200.
A former model, the Firecat F-7, could overheat when ridden on ice and in marginal snow conditions. Though most sleds experienced no issues, this resulted in a class action lawsuit and settlement, under which Arctic Cat bought back 3,200 short-track Firecat F-7s from owners.
All-terrain vehicles
[edit]Arctic Cat started producing all-terrain vehicles in 1996 and side-by-side ATVs in 2005. They currently sell the Alterra 600 TRV, Alterra 600, Alterra 450, Alterra 300, Alterra 90, Wildcat XX, Prowler Pro, and Prowler Pro Crew.[13] Most models come with ride-in suspensions and electronic power steering capabilities.[14]
The original design of utility ATVs was offered from 1996 to 2004 and featured single-cylinder liquid or air-cooled motors from 250 to 500 cc, all of a common design. This Arctic Cat-designed motor was manufactured by Suzuki and featured a 2V SOHC design with hemispherical combustion chambers. Manual and CVT automatic transmissions were offered. A 650 V2 V-twin engine option borrowed from the Kawasaki Prairie was also offered starting in 2003. A major redesign of the platform was launched in 2005.
With the new redesign came new bodywork, electronics, a rear-mounted gas tank, and a standard front-locking diff. The chassis remained largely unchanged. A new high-performance engine platform also debuted in the 650H1. This H1 platform was a direct evolution of the previous Suzuki-manufactured engines with many parts being interchangeable, but was now manufactured by Arctic Cat in the U.S.
A 700EFI model was also offered, which used an engine and transmission combo borrowed from the Suzuki King Quad model. This is a 4V DOHC design with no relation to the H1 engine platform. This was replaced with the 700H1, which was a higher displacement version of the 650H1 with fuel injection added. A multi-fuel capable Parallel Twin diesel made by Lombardi Marine was also available in the TRV 700 chassis from 2007 to 2015 in limited quantities. A 1000cc H2 V-twin engine was also made available.
In 2014, Joshua Newman provided extensive belt testing for the 400 cc air-cooled model, improving the brand's reliability.[citation needed]
The Arctic Cat brand returned to the ATV lines in 2019, for model year 2020 vehicles.[11]
Side-by-sides
[edit]
Arctic Cat offered its first side-by-side UTV, the Prowler, starting in 2005. The Prowler was a utility model with a large rear-mounted box similar to a pickup truck bed. It was mainly intended for utility and farm use. A high-performance model, the Wildcat, was also launched to meet the new demand for recreational UTVs aimed at high-speed trail riding, which was made popular by the Polaris RZR.
In 2015, Arctic Cat launched the Side-By-Side (SXS) Racing Series as a support series to the Stadium Super Trucks. The series fielded ten Wildcat side-by-sides for its debut at the Sand Sports Super Show in Costa Mesa, California.[15]
In 2017, Arctic Cat produced its final model for UTVs after joining Textron with variations of the Wildcat and Prowler being offered under the Textron Off Road brand name.
The Arctic Cat brand returned to the side-by-side lines in 2019, for model year 2020 vehicles.[11]
References
[edit]- ^ "Arctic Cat, Form 10-K, Annual Report, Filing Date Jun 8, 2012". secdatabase.com. Retrieved 5 September 2018.
- ^ a b c "ARCTIC CAT models & brand history". Autoevolution.com. Retrieved 21 May 2016.
- ^ "'Godfather' of snowmobile industry". Star Tribune. Retrieved 21 May 2016.
- ^ "Happy 100th Rainy River". Rainy River Record. Fort Frances Times. Retrieved 14 May 2019.
- ^ "The Boss Cat Legacy". Bosscatlegacy.com. Retrieved 21 May 2016.
- ^ "Arctic Cat, Form 10-Q, Quarterly Report, Filing Date Aug 14, 1996". secdatabase.com. Retrieved Jan 13, 2013.
- ^ "Arctic Cat headquarters in North Loop to shutter". Star Tribune. 11 May 2017. Retrieved 2019-02-11.
- ^ "The Boss Cat Legacy". Bosscatlegacy.com. Retrieved 21 May 2016.
- ^ "Arctic Cat production comes to St. Cloud from overseas". St. Cloud Times. Retrieved 2019-02-11.
- ^ "Longtime Minnesota snowmobile maker Arctic Cat sold for $247 million". Star Tribune. Retrieved 25 January 2017.
- ^ a b c "passion-power | Textron Off Road". textronoffroad.txtsv.com. Retrieved 2019-02-11.
- ^ "Snowmobiles | Arctic Cat". arcticcat.txtsv.com. Retrieved 2024-09-04.
- ^ "Off Road | Arctic Cat". arcticcat.txtsv.com. Retrieved 2024-09-04.
- ^ "Ride Tech". Archived from the original on November 16, 2011. Retrieved November 2, 2011.
- ^ "Arctic Cat Partners with Robby Gordon's SST Series". Business Wire. August 25, 2015. Retrieved December 31, 2015.
External links
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