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Arctic Cat Announces Engine Supply Agreement with Yamaha Motor Corporation

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Earnings Scheduled For July 25, 2014
Bear of the Day: Arctic Cat (ACAT) - Bear of the Day

Arctic Cat Inc. (NASDAQ: ACAT) announced today that it has entered into
an engine supply agreement with Yamaha Motor Corporation (OTC: YAMHF), expanding
Arctic Cat's purchase of Yamaha snowmobile engines starting in the 2014
model year. Arctic Cat initially entered into an agreement to purchase
Yamaha 123cc 4-stroke engines for its youth snowmobile in 2009. This
agreement has now been expanded to include select 4-stroke engines from
Yamaha.

Arctic Cat's Snow Division Vice President and General Manager Brad
Darling said, “The engine purchase agreement with Yamaha, combined with
the engines that we plan to manufacture in house, will provide Arctic
Cat's customers with the most well-rounded engine choices when it comes
to technology, reliability and horsepower.”

See full press release

Posted-In: News Guidance Asset Sales Management Global

 

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