Citing strong sales in all its recreational product lines, Polaris Industries Inc. said Tuesday it plans to keep about 50 engine assembly jobs at its manufacturing facility in Osceola, Wis., where it previously announced it would lay off 515 workers and close the plant.
The Medina-based company also announced it was adding to its motorcycle business by acquiring 110-year-old Indian Motorcycle of Kings Mountain, N.C. Terms of the acquisition from British investment firms Stellican Ltd. and Novator Partners LLP were not disclosed.
Read ON: http://www.startribune.com/business/120241299.html
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