Minneapolis-based Polaris Industries Inc. acquired Taylor-Dunn Manufacturing Co. in Anaheim on undisclosed terms.
Taylor-Dunn, founded in 1949, makes commercial and industrial vehicles, including airport baggage tow tractors and electric bellman carts for hospitality sector. The company counts about 200,000 of its vehicles in use. It will keep offices and manufacturing facilities in Orange County and operate as a standalone brand.
Polaris brings “strong capabilities in innovation and continuous improvement,” and “access to larger-volume resources,” said Taylor-Dunn Chairman Jim Goodwin in a statement, adding “I am confident this combination will bring new opportunities not only for Taylor-Dunn, but also for the company’s dealer network and its community of end users.”
Polaris has a market value of about $6.2 billion. It designs, manufactures and markets off-road vehicles, snowmobiles and motorcycles in the United States, Canada, Western Europe, Australia and Mexico.