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 the hospitality sector. The company has about 200,000 of its vehicles in use.
It will keep offices and manufacturing facilities in Orange County and operate as a stand-alone brand.
Polaris has a market value of about $6.2 billion. It designs, manufactures and markets off-road vehicles, snowmobiles and motorcycles in the U.S., Canada, Western Europe, Australia and Mexico.
Polaris brings “strong capabilities in innovation and continuous improvement” and “access to larger-volume resources,” said Taylor-Dunn Chairman Jim Goodwin in a statement. “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.”
—Mediha DiMartino
