MN - Arctic Cat Inc. has entered
into an Engine Supply Agreement with Yamaha Motor Corporation to expand its
purchase of snowmobile engines starting in the 2014 model year. Arctic Cat
initially entered into an agreement to purchase the Yamaha 123cc 4-stroke
engines for their youth snowmobile in 2009. This agreement has now been
expanded to include select 4-stroke engines from Yamaha.
Arctic Cat's Snow Division VP/GM, Brad Darling said, "The
engine purchasing agreement with Yamaha, combined with the engines we plan to
manufacture in house, will provide our consumers with the most well-rounded
engine choices when it comes to technology, reliability and horsepower."
Chairman and Chief Executive Officer, Claude Jordan, stated,
"Our current Arctic Cat snowmobile chassis is renowned for its lightweight,
bump control and precision handling. Combine that with our performance engine
options from Yamaha, as well as our state-of-the-art engine manufacturing
facility in St. Cloud, MN, and we guarantee there will be exciting years ahead
for Arctic Cat enthusiasts."
In addition to expanding the engine supply agreement with
Yamaha, Arctic Cat has also entered into an agreement to build select Yamaha
snowmobiles in their Thief River Falls, MN, factory per Yamaha's
specifications. This agreement started in 2012 with Arctic Cat building the
Yamaha SRX 120 youth model snowmobile and will now be expanded to include full
size performance snowmobiles starting with model year 2014. These snowmobiles
will be built to Yamaha specifications using Yamaha 4-stroke engines.
Jordan goes on
to say, "We are very excited how this relationship continues to grow and the
opportunities that lie ahead for both companies. Going forward we believe this
relationship will provide tremendous value to Arctic Cat, our customers, our
dealers and our shareholders."