Bobcat Company and Polaris Industries of Medina, Minn., recently announced a long-term strategic alliance to penetrate global work-related market segments. The alliance will include co-development of work vehicles, supply of highly differentiated work vehicles and technology sharing with a planned launch by the second half of 2010.
Scott Wine, CEO of Polaris Industries, said the alliance is consistent with Polaris’ goal of diversifying beyond core powersports segments and will enhance efforts to accelerate the growth of their military and international business.
“Initially, Polaris will produce and sell highly differentiated work vehicles to Bobcat for sale through the Bobcat dealer network," he said. "The breadth and depth of our cooperative efforts will expand thereafter to include co-developed vehicles for both Polaris and Bobcat, and further technology-sharing.”