Arctic Cat Bought

[HD]

Defense contractor buying snowmobile-maker Arctic Cat in $247M deal

MINNEAPOLIS — The defense contractor Textron is buying the snowmobile maker Arctic Cat in a deal valued at about $247 million.

Textron said Wednesday that it will pay $18.50 per Arctic Cat share, a 41 percent premium to its Tuesday closing price. The transaction also includes debt, though no exact figure was provided.

Arctic Cat Inc. will be folded into Textron’s specialized vehicles business, but the brand, as well as its manufacturing, distribution and operational facilities, will be maintained. The Minneapolis company employs around 1,600 people.

Arctic Cat CEO Christopher Metz said the tie up will benefit customers, dealers and employees.

Arctic Cat’s board has unanimously approved the deal, and shares spiked 40 percent before the opening bell.

Textron Inc. is based in Providence, Rhode Island.

[Boar]

 i think its a good thing, hopes.around here are for.change and that textron can bring aroun d the joke of assembly plant in theif river falls, sounds like they will closing out sleds to a very minimum.and concentrating on atvs.

[HD]

Arctic Cat was slowly on a rebound bringing their product back from being produced in Mexico returning production to the United States. The product standards however, were very "loose" in specifications.
I have first hand knowledge with them and this sale is hurting the manufacturing district. I could be wrong, that they will turn this around, but hope they do....so, I remain optimistic.

[Jerkbiat]

i think its a good thing, hopes.around here are for.change and that textron can bring aroun d the joke of assembly plant in theif river falls, sounds like they will closing out sleds to a very minimum.and concentrating on atvs.

Really? They are going to stop making sleds? That is to bad if they do. I like my cats.

[Boar]

no i said its sounds like. so many rumors floating around. so i shouldnt add to it. im sure they keep it up, but to what extent, how can a mrket like snow mobile continue to oump out sleds that cost 10 grand and only be run a month a year be profitable. ghe mqrket is saturated with used sleds, carry overs ect. the future is atvs. my 2 cents.

[Leech~~]

Arctic Cat was slowly on a rebound bringing their product back from being produced in Mexico returning production to the United States. The product standards however, were very "loose" in specifications.
I have first hand knowledge with them and this sale is hurting the manufacturing district. I could be wrong, that they will turn this around, but hope they do....so, I remain optimistic.

We need to call Trump Now and get him working on this! 

[Rebel SS]

Kinda reminds me of in the 90's when OMC went *poof* and Evinrude and Suzuki and Bombardier were all changing around.....

[mike89]

same as when Harley sold out in 1970? to the bowling alley people, Brunswick, I think.  until it was bought back by Willy it went down hard. 

[Leech~~]

same as when Harley sold out in 1970? to the bowling alley people, Brunswick, I think.  until it was bought back by Willy it went down hard.

Wasn't that FMC?

[Boar]

AMC

[mike89]

AMF maybe?

[HD]

Used to work at FMC....that's a machining company off of East River road
AMC was a car vehicle builder (if you wanna call um one)

I think Mike is right AMF is or was the top in bowling stuff....

[Rebel SS]

Know this one by heart...AMF....American Machine and Foundry. Bought Harley in '69 and ruined them due to labor strikes and lousy quality. AMF sold them in '81 back to Willie Davidson and a group of investors. Rest is history. 

[Boar]

i was close i win the sausage!!

[Rebel SS]

You ARE a sausage, ya silly boar.   

[mike89]

Hey Boar, ya call AMC close to AMF?  there's two letters between c and f.  and how many AMC's are still out there?!? sleazy-422.gif

[Rebel SS]

Hey Boar, ya call AMC close to AMF?  there's two letters between c and f.  and how many AMC's are still out there?!? sleazy-422.gif

Other than the  '69 AMX's and SC/ Rambler's, NONE, I hope!!!   

[HD]

Smurf Car......

[Rebel SS]

        

[Rebel SS]

Just got a text from the little fella...said he's on his way down. Didn't know Pacers came with Smurf phones in 'em....

Boober, throw the missus in the car and get down here! Ya can't leave me alone with the little munchkin!!! 

[glenn57]

oh and you did just fine didn't ya!!!!!!!!!!!

[Bobberineyes]

Ya he did, but I'm guessing he's na nite already!! 

[glenn57]

Ya he did, but I'm guessing he's na nite already!! 

or he snuck next door!!!!!!!!!!!!!!!!!!!!!!!!!! tut_tut-3315.gif tut_tut-3315.gif

[Rebel SS]

Ha! Fell asleep in the recliner...*snork* Great time!! We  HAVETA do this again!!  I  s'pose Glenn has his chin propped on his hands watching that barometer, all dreamy-eyed, waiting for it to move...

[glenn57]

Ha! Fell asleep in the recliner...*snork* Great time!! We  HAVETA do this again!!  I  s'pose Glenn has his chin propped on his hands watching that barometer, all dreamy-eyed, waiting for it to move...

nope but I do have it hung up. the humidity in my house?????? compared to the other one there's a huge difference!!!!!! now I don't know which one to believe!!!!!!!!

[Rebel SS]

I adjusted that when I got it to the electronic digital one in my house (it was that little one above TV)...it's pretty precise. Yours tracked perfect with it....tried it out in garage, in here, right above the humidifier...lots of testing, really. It also matched the one in my den, and the one on my wall barometer. Three days worth, and it was matching exact, and moving. It's right on, smurfy. Give it a day to settle...they track slow.

[glenn57]

I adjusted that when I got it to the electronic digital one in my house (it was that little one above TV)...it's pretty precise. Yours tracked perfect with it....tried it out in garage, in here, right above the humidifier...lots of testing, really. It also matched the one in my den, and the one on my wall barometer. Three days worth, and it was matching exact, and moving. It's right on, smurfy. Give it a day to settle...they track slow.

I have no patience!!!!!!! I have electric baseboard heat so humidity in the house is something I watch closely. dehumidifier runs a lot in da winter time!!!!!!!

[Rebel SS]

Hard to get humidity very high with that...mine runs about 32-35% tops, it if isn't real cold out.  Then it's down in low 20's with the forced air furnace and the humidifier running non-stop.

[glenn57]

I needed to get a dehumidifier..i was noticing moisture/mold staring especially in the bathroom. since the dehumidifier.......no issues!!!!!!!

[mike89]

had to get one for a house we once had, sump pump and dehumidifier working together!!