A little reversal of fortune for Wisconsin plant as Polaris announces new jobs

Polaris says it will add 89 jobs at its sport vehicle plant in Osceola in northwestern Wisconsin, though the plant is still down hundreds of jobs from two years ago, when Polaris announced it would close the site and move the work to Mexico. The expansion comes after the Medina-based company acquired Indian Motorcycles and other brands.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Apr 6, 2012

Polaris says it will add 89 jobs at its sport vehicle plant in Osceola in northwestern Wisconsin, though the plant is still down hundreds of jobs from two years ago, when Polaris announced it would close the site and move the work to Mexico. The expansion comes after the Medina-based company acquired Indian Motorcycles and other brands.

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The Medina-based company well-known for its snowmobiles and ATVs hopes it can use the iconic brand to expand its presence in the motorcycle market and grab some share from Harley-Davidson.

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The Kraft plant in New Ulm will lose about 90 jobs under a restructuring plan that includes a $25 million investment in new equipment and infrastructure. Company officials say the plan could result in the loss of 80 full-time hourly positions and 10 salaried positions. Kraft has been in New Ulm since 1955 and employs 555 people at the plant.

The estimated $50 million project is expected to start this fall, with completion slated in time for the 2013 harvest. The expansion is believed to employ about 200 construction workers.

350 engineers and staff work at Polaris Industries' research and development center in Wyoming, Minnesota. But a spokeswoman says they're too crowded there. They're expected to have twice as much room a year from now, once an expansion that starts next week is done.

Medina-based Polaris Industries Inc. reported a record second quarter net income of $69.8 million or $0.98 per share, Wall Street Journal reports. The better-than-expected results were driven by double-digit sales growth in all types of vehicles, led by its on-road motorcycles.

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