CINCINNATI, Ohio – ATV distributor XY Powersports has moved in to a 32,000 sq.ft. space in the Cincinnati suburb of Loveland so it can assemble vehicles to improve quality control.
XY president Steve Claybourn told the Cincinnati Business Courier the company left a 13,000 sq. ft. space in Evendale behind so there would be space to assemble vehicles supplied by Chinese parent company Zhejian Xingyang Industry Co.
XY shipped about 300 ATVs last year and expects to do about 500 this year. Revenues of nearly $3 million last year should jump by more than a third to about $4 million this year, Claybourn projects. It distributes ATVs to dealers in 25 states.
XY Powersports added three people last month with the move, bolstering its sales force. It now employs 12, with plans to add a few more next year, Claybourn said.
Posted by Holly Wagner