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POLARIS INC.

(PII)
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Polaris : Sponsoring MFG Day 2021, Inspiring a New Generation of Manufacturing Tal...

09/28/2021 | 12:32pm EST
Polaris Sponsoring MFG Day 2021, Inspiring a New Generation of Manufacturing Talent Advancing the Mission of Nationwide "Creators Wanted" Workforce Campaign, MFG Day Highlights Modern Manufacturing Careers for Students, Parents, Teachers and Leaders

Washington, D.C. - The Manufacturing Institute announced Polaris Inc. (NYSE: PII) as an Advocate Sponsor of MFG Day 2021. Launched annually on the first Friday in October and continuing throughout the month, MFG Day includes focused events to promote manufacturing to students, parents and educators. Manufacturers will open their doors-in-person or virtually-to offer a first-hand look at the career possibilities in modern manufacturing. An initiative of The Manufacturing Institute, MFG Day also advances the mission of Creators Wanted, the industry's year-round effort to build the workforce of the future.

"Without question the manufacturing industry's biggest long-term challenge is the skills gap. We have more than 800,000 open jobs in manufacturing, and we will need to fill four million positions by the end of the decade, according to research from the MI and Deloitte," said MI Executive Director Carolyn Lee. "Closing that skills gap requires us to inspire, educate and empower the next generation of manufacturing workers-and that's where Creators Wanted and MFG Day come in. Companies that participate in MFG Day and Creators Wanted are taking strong, tangible steps toward strengthening their workforce and closing the skills gap. And our outstanding sponsors are going the extra mile for our industry."

With consumers looking to the outdoors for fun and recreation, Polaris continues to see demand for its products and, like other manufacturers, is looking for qualified "Creators" to join the Polaris team.

"Polaris has a rich history in manufacturing, driven by a passion for creating vehicles that enable our customers to enjoy the outdoors and Think Outside - for work or play," said Chief Executive Officer Mike Speetzen. "This is made possible thanks to our thousands of dedicated and skilled employees who engineer, design and build our vehicles in our manufacturing plants across the country. Polaris is proud of its American manufacturing presence and is thrilled to be a supporter of Manufacturing Day again in 2021 as we work together to educate the next generation of workers on the terrific opportunities a future in manufacturing can provide."

Operating more than a dozen manufacturing facilities across the United States, career opportunities are available at multiple Polaris locations. More information on current openings can be found at polaris.com/careers.

MFG Day helps show the reality of modern manufacturing careers by encouraging thousands of companies and educational institutions around the nation to open their doors-in-person or virtually-to students, parents, teachers and community leaders. MFG Day empowers manufacturers to come together to address their collective challenges so they can help their communities and future generations thrive. MFG Day is an initiative of The Manufacturing Institute and was originally founded by the Fabricators & Manufacturers Association, International.

-The MI-

The MI grows and supports the manufacturing industry's skilled workers for the advancement of modern manufacturing. The MI's diverse initiatives support all workers in America, including women, veterans and students, through skills training programs, community building and the advancement of their career in manufacturing. As the workforce development and education partner of the NAM, the MI is a trusted adviser to manufacturers, equipping them with resources necessary to solve the industry's toughest challenges. For more information on the MI, please visit www.themanufacturinginstitute.org.

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 2020 sales of $7.0 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

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Disclaimer

Polaris Industries Inc. published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2021 16:31:02 UTC.


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Sales 2021 8 139 M - -
Net income 2021 521 M - -
Net Debt 2021 969 M - -
P/E ratio 2021 13,4x
Yield 2021 2,26%
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Nbr of Employees 15 000
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Number of Analysts 18
Last Close Price 111,33 $
Average target price 144,98 $
Spread / Average Target 30,2%
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Michael Todd Speetzen Chief Executive Officer & Director
Robert P. Mack Chief Financial Officer
John P. Wiehoff Chairman
Steven J. Kemp Vice President-Technology, Electronics & Software
Matthew J. Emmerich Chief Information Officer & Vice President
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