There is some confusion in the snowmobile belt aftermarket about the relationship between Carlisle and Dayco. Dayco Products was a multi-faceted manufacturing organization owned by Mark IV, a holding company. Mark IV decided to exit the business and established stand-alone business units to facilitate sales to interested parties. The two key business units were the automotive group, which sells into the automotive OE and replacement market; and the industrial group, which sells into the industrial OE and replacement market. Part of the agreement included the Dayco name transfer to the automotive division.
In August of 2001, Carlisle Companies, Inc. purchased the Dayco Industrial Division (DID). The new company is called Carlisle Power Transmission. The acquisition by Carlisle included the industrial, agricultural, lawn and garden and recreational markets that DID served. Among the recreational products acquired were the belts that are produced for major OEM snowmobile manufacturers as well as the aftermarket snowmobile belts, Incredible Max and Ultimax.
Who is Carlisle?
Carlisle is a diversified manufacturing company that serves powersports, industrial, construction, transportation, automotive and specialty markets. Carlisle's products serve customers worldwide, ranging from commercial roofing systems to custom built trailers, from off-road tires and wheels to cable for high-tech data communications. Carlisle is listed on the New York Stock Exchange under the symbol CSL.
What about Dayco belts?
Dayco now exists primarily as an automotive company. Dayco does produce snowmobile belts (HP & HPX) which are sold through automotive distribution channels. The belts that have been engineered and sold to OE manufacturers and powersports dealers are now under the name of Carlisle. These belts are used by the vast majority of riders. Carlisle recently introduced the new and improved Max 2 and Ultimax 3 aftermarket snowmobile belts and is the leading supplier of original equipment ATV and snowmobile belts.
The Carlisle Commitment
Carlisle will continue to promote the sport and is a major sponsor of snowmobile races and events. Carlisle belts power more snowmobiles than any drive belt in the world. Carlisle intends to continue to make its premium products of Ultimax 3 and Max 2 available only through powersports distributors.