Arctic Cat Inc. has signed a lease for its previously disclosed corporate headquarters move to the Minneapolis area, the company said in a press release Dec. 27.
The move is expected to occur this spring. Only certain corporate executives, general managers and sales and marketing personnel will be relocated. The company’s core manufacturing operations will remain in Thief River Falls, Minn., and will not be affected.
Arctic Cat’s corporate headquarters will be 505 Waterford Park, 10th floor, Suite 1000, 505 S. Hwy. 169, Plymouth, Minn., 55441. Arctic Cat plans to eventually occupy about 11,000 square feet. The financial terms of the lease were not disclosed.
“Relocating our corporate headquarters will bring our executives closer to the company’s daily business partners and enhance our long-term efficiency,” said Christopher Twomey, Arctic Cat’s chairman and CEO.