Arctic Cat is all but dead. The company has shuttered its production facility in Thief River Falls, Minnesota. It's laid off nearly its entire staff. And the brand's parent company, Textron Industries, which has its fingers in everything from aviation to military contracting, is said to be actively looking for buyers for the outfit.
But since late last year, not much has been said about what's going on with the snowmobile brand. That is until last month when SnoWest apparently talked to a couple of insiders who had a little bit of an update, including that not only does Textron have an interested party, it has a few interested parties.
Could we see Arctic Cat rise from the ashes? Or rather, from the powder? Honestly, it's looking like that might be a maybe.
