Wisconsin
Polaris to lay off 200 Wisconsin workers, close facility in Osceola
The move comes after Polaris announced it was separating from Indian Motorcycle.
Powersports company Polaris has announced it plans to wind down the operations at its facility in Osceola which specializes in manufacturing Indian Motorcycle.
The move impacts roughly 200 Wisconsin workers at the facility.
On Jan. 27, during a fourth quarter and full year earnings call for 2025, Polaris said the company expects to sell Indian Motorcycle by the end of the first quarter of 2026 to Carolwood, a private equity firm based in Los Angeles. However the company plans to maintain some stake in the company.
Polaris officials said called the sale of Indian Motorcycle was a “difficult decision” and added it was a “move that we believe is best for Polaris and Indian Motorcycle.”
In a post on X, Wisconsin Democrat Sen. Tammy Baldwin said:
“We have seen this story in Wisconsin too many times – a private equity firm buys a company, hollows it out, & fires its workers, all to pad their profits. It’s simply wrong.”