Textron said it will pause production of powersports products and was pursuing strategic alternatives for the business unit as demand for all-terrain vehicles and similar goods remains soft.

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The move will affect 30 employees at the St. Cloud facility, Textron communications director ... and manufactures items like snowmobiles and ATVs, will also be indefinitely pausing operations ...

Textron to pause powersports production indefinitely by mid-2025, following soft consumer demand in the sector. Textron expects $30M-$40M inventory charge and increased restructuring costs ...

Textron Inc. (TXT), headquartered in Providence, Rhode Island, is a known multi-industry company recognized for its expertise in aviation, defense, and industrial manufacturing. With a market cap ...

The Minnesota powersports manufacturing company Arctic Cat will be closing its St. Cloud facility next year, its parent ...