Wednesday, September 26, 2012

Polaris Announces $22.5 Million Expansion


A leading Spirit Lake employer is experiencing another round of growth.
       A year after adding the Indian Motorcycle line, Polaris officials confirmed plans to invest $22.5 million in an expansion at the 565,000-square-foot Polaris manufacturing facility in Spirit Lake.
       The Iowa Economic Development Authority on Friday awarded tax benefits and $395,000 in direct financial assistance to Polaris. The company plans to add 79 jobs as part of the expansion.