Scott W. Wine
Chairman & CEO
Michael T. Speetzen
Executive VP of Finance, CFO & Principal Accounting Officer
Michael D. Dougherty
President of International
Polaris was founded in the year 1954. The company has been operational for almost 65 years now. The founders of the company were David Johnson, Allen Hetteen and Edgar Hetteen. The company had started developing a small consumer-sized, front-engined snowmobile to compete with the Ski-Doo in the early 1960s. Then in the year 1964, the company had released the Comet. The new model, which was the 1965 Mustang, became a hit as a family snowmobile and boosted Polaris sales as well. The company continued to develop snowmobiles similar to this model throughout the 1960s-1970s and went on to become one of the leaders in the snowmobile industry as well.
In the earlier parts of the 1980s, the company started creating an Indy-style snowmobile with IFS and also a wider stance. During the late 1990s, the company had introduced the Polaris Rocky Mountain King. Then in the year 2009, the company had announced the creation of an On-Road Vehicle Division. The new division will be devoted mainly to the growth of Victory motorcycles and other on-road products and brands from the company as well. In the year 2010, the company had introduced the Polaris Rush snowmobile which had a new suspension system and also better trail handling capabilities as well. This snowmobile was also available with retro graphics on the Rush and IQ models too. During the year 2005, the company had announced that it would purchase a portion of KTM Motorcycles as well. Then in the year 2010, the company had announced that it was opening a new manufacturing plant in Mexico too. The sister facility in Osceola, Wisconsin, USA, will still remain in full operation as well. The opening of the new Monterrey, Mexico facility was anticipated to save the company $30 million annually, with most of that savings coming from lower wages too as well. As of the year 2011, the company had announced an investment in Brammo - which was an electric vehicle company based in Ashland, Oregon, USA. In the year 2012, all the production restarted on the Indy-named sledges as well. By the year 2013, the company had announced that it acquired Aixam-Mega -which was a French quadricycle manufacturer. Two years later in the year 2015, the company had announced it would be opening a new 600,000 square-foot facility in Huntsville, Alabama, USA, which will be employing almost more than 1,700 workers. By the year 2016, the company had acquired Taylor-Dunn, which was a manufacturer of industrial vehicles based in California, USA. By the year 2018, the company had reentered the production of boats by purchasing Boat Holdings for almost $805 million. The headquarters of the company is based in 2100 Highway 55. The name of the place is Medina, while the name of the state is Minnesota, USA. The pin code of the area is 55340.
Polaris is an American company that focuses on the designing and manufacturing of various kinds of snowmobiles, electric vehicles and also ATVs as well. The current CEO and chairman of the company are Scott W Wine. As of the year 2017, the total revenue generated by the company is more than $5.4 billion. Also, the number of employees working at the company, as of the year 2017, is more than 11,000.
The primary services provided by the company include the manufacturing and designing of various kinds of commercial vehicles, including snowmobiles, all-terrain vehicles, motorcycles, moto-roadsters, commercial vehicles, tactical vehicles, automotive parts, etcetera.
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