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Arctic Cat history
1969
1969 Arctic Enterprises original factory ![]() 1969 Sled production
1969 Arctic Cat newsletter "Panther" ![]()
1969 Arctic Enterprises dealer meeting ![]() ![]() 1969 Arctic Cat hood production
1969 Arctic Enterprises stock prospect ![]()
1969 Arctic Enterprises expands with production in Karlstad, Rainy River and Minneapolis ![]()
Marine products from Arctic Enterprises In 1969 Arctic Enterprises jumped into the marine business with it's purchase of Silver Line Boats (formally named Moorhead Plastics) based in Moorhead,MN. Arctic reverted to using original company name of Silverline. The main goal was to use Silverlines fiberglass production and increase their profits by expanding. With their newly aquired assets Arctic Enterprises marketed a boat called the "Arctic Grayling" in 1970.
1969 Arctic Enterprises buys Silverline Inc.
1969 Arctic Enterprises introduces the new Panther's for 69
1968-69 Miss Wisconsin, Marilyn Kay Brahmsteadt & Sparky Meyer
1969 Arctic Enterprises sued for poor warranty service
1969 Kohler Engines being shipped to Thief River Falls, shown with T.M. Moraghan
1969 Arctic Cat give-away snowmobile, shown with Sparky Meyer
1968 Arctic Cat News, Snowmobiles are here to stay
1969 Arctic Cat, winter fun
In 1968, Arctic Enterprises generated $7.5 million in sales, three times the amount collected the year before, and posted $379,000 in net income or eight times the figure recorded in 1967, ending the nagging worries about profitability. In 1969, annual sales continued their exponential march upward, reaching $21.7 million, while net income eclipsed the $1 million plateau, climbing to $1.2 million. Business was booming, with the company holding a firm grip on nearly 12 percent of the U.S. market for snowmobiles, a percentage that perhaps could have been higher, but the two shifts working the production lines at the Thief River Falls facilities were not enough to satisfy the mounting demand for Panther snowmobiles. As the company prepared for the 1970s, it exited the 1960s with a full head of steam and high expectations for future growth. Production facilities were expanded greatly in anticipation of rising demand and a line of snowmobile clothing was introduced to give the company a more diversified footing in the rapidly expanding snowmobile industry. |
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