Textron TXT-0.09%decrease ... a securities filing that output of powersports products such as snowmobiles and ATVs from the industrial segment’s specialized-vehicle business will be paused ...
Textron said it will pause production of powersports products and was pursuing strategic alternatives for the business unit as demand for all-terrain vehicles and similar goods remains soft.
Textron Inc. said Wednesday it is mulling "strategic alternatives” for its powersports business unit, which includes Arctic Cat-branded snowmobiles and all-terrain vehicles. Textron previously ...
Dec 18 (Reuters) - Textron (TXT.N), opens new tab is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday.
Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment.