Polaris Announces Expansion of Distribution Center in Wilmington, Ohio
March 02 2022 - 10:02AM
Business Wire
Adding 165,000 square feet to support the
company’s PG&A business and enhance dealer and customer
service
Polaris Inc. (NYSE: PII) today officially announced plans to
expand its distribution facility in Wilmington, Ohio aimed at
providing additional distribution capacity, expanding product
assortment, improving delivery, customer service, and optimizing
operations. The 165,000 square-foot expansion will bring the
facility footprint to 465,000 square feet.
The Wilmington distribution center will continue to support
Polaris’ growing Aftermarket, Parts, Garments, & Accessories
(PG&A) businesses. This expansion will allow Polaris to grow
its eastern presence and in turn better serve its dealers and
customers.
“Polaris’ Aftermarket and PG&A businesses continue to
experience tremendous growth and we expect that trend to continue.
The expansion of our distribution center in Wilmington Ohio, allows
us to leverage our incredible local distribution team and elevate
service levels for our customers,” said Steve Eastman, president of
Aftermarket and PG&A at Polaris. “As we explored our investment
options, expanding our Wilmington operation quickly rose to the top
given the support of the community and the city’s proximity to our
dealers and customers throughout the eastern part of the United
States.”
The expansion will allow for both additional rack storage and
new automated material handling technology within the facility
designed to improve customer responsiveness and productivity. The
expansion will create an estimated 20-25 new jobs over three
years.
“We’re thrilled to support Polaris as they expand their
operations in Wilmington. Their increased operations will help
improve customer service while allowing them to diversify their
product assortment and gain market share,” said Julie Sullivan, the
Dayton Development Coalition’s Executive Vice President of Regional
Development. “Their longstanding presence in Wilmington has
provided economic stability and employment opportunities for the
community.”
Polaris will break ground on the addition this spring with
completion slated for Spring 2023.
Jennifer Klus Ekey, Economic Development Director for the
Clinton County Port Authority stated, “We are thrilled by the
Polaris announcement today. This announcement is impactful for a
number of reasons, including the investment that Polaris is making,
along with the additional jobs that this expansion will be
creating. We are happy to have been a small part of this process,
and It has been a pleasure working with the entire Polaris team to
expand their operations in Wilmington, Ohio.”
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII)
pioneers product breakthroughs and enriching experiences and
services that have invited people to discover the joy of being
outdoors since our founding in 1954. With annual 2021 sales of $8.2
billion, Polaris’ high-quality product line-up includes the Polaris
RANGER, RZR and GENERAL side-by-side off-road vehicles; Sportsman
all-terrain off-road vehicles; Indian Motorcycle mid-size and
heavyweight motorcycles; Slingshot moto-roadsters; snowmobiles; and
deck, cruiser and pontoon boats, including industry-leading
Bennington pontoons. Polaris enhances the riding experience with
parts, garments, and accessories, along with a growing aftermarket
portfolio, including Transamerican Auto Parts. Polaris’ presence in
adjacent markets includes military and commercial off-road
vehicles, quadricycles, and electric vehicles. Proudly
headquartered in Minnesota, Polaris serves more than 100 countries
across the globe. www.polaris.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220302005142/en/
Erika Burke Erika.Burke@polaris.com
Polaris (NYSE:PII)
Historical Stock Chart
From Mar 2024 to Apr 2024
Polaris (NYSE:PII)
Historical Stock Chart
From Apr 2023 to Apr 2024