Polaris Announces Layoffs

In response to lower sales Polaris Industries will be laying off 50-60 people next month at it’s Spirit Lake, Iowa facility.  The company is reducing production at the facility by combining the Ranger utility vehicle and Victory motorcycle production lines into one line that will only produce one type  of vehicle at a time.  The change is designed to help maintain lower dealer inventory levels during this economic downturn which has hit markets driven by discretionary spending, like the utility vehicle and motorcycle markets, hard.  Kawasaki, maker of the Mule utility vehicle, has also reduced their work force this year.  On a more positive note Polaris announced a $6 million contract with the US military for Ranger utility vehicles and service.   Learn more:  SiouxCityJournal.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.