Arctic Cat is a producer of all-terrain vehicles and Snowmobiles in the United States. Located in Thief River Falls, Minnesota, they are a top competitor with other snowmobile companies such as Polaris, Ski-Doo by Bombardier, and Yamaha Motor Company Ltd.. The NASDAQ stock trading symbol is ACAT.
A snowless winter in 1980 and over-production forced Arctic Enterprises to scale back operations and close boat manufacting subsidiaries. Arctic Enterprises went bankrupt in 1981 and ceased production in 1982. In 1984, a new startup company was formed, called Arctco to continue production of the Arctic Cat snowmobile line. In 1996, the company officially changed its name to Arctic Cat.
In 2003, ATV sales surpassed those of snowmobiles due to years of lighter snowfall.
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