Polaris Industries plans to create up to 89 jobs over three years at a plant in Osceola, Wis., in exchange for tax breaks from that state.
The economic development tax credits are worth $595,000. The new hires will be working on the recently acquired Indian Motorcycles brand.
The company is expected to add highly skilled jobs such as new product developers, testing engineers and purchasing managers under the three-year agreement with the Wisconsin Economic Development Corp. The credits will be distributed annually in direct relation to the number of new, full-time positions created and filled over the three years.
Some of the jobs will be moved from facilities in Wyoming, Minn., which is out of space, to the plant in western Wisconsin, but most of the jobs will be new, Polaris spokeswoman Marlys Knutson told the Pioneer Press.
There are 140 people working at the Osceola plant. Polaris announced in 2010 that it was closing its Osceola manufacturing plant, laying off more than 500 workers and moving many of the jobs to Mexico. Stronger-than-expected sales led the company to keep the plant open with a smaller staff -- just 50 to 60 jobs.
Posted by Holly Wagner
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