As part of its annual summer sales meeting and its presence at the Sturgis Motorcycle Rally, Polaris Industries Inc. (NYSE: PII), Victory Motorcycles and the Company’s dealers donated $154,125 to the Wounded Warrior Project (WWP).
The donation was part of Polaris’ continuing relationship with the WWP, an organization that raises awareness and aids injured servicemen and women. Earlier this year, Polaris also gave away three special, blacked-out RANGER RZR XP 4 900 Side-by-Side vehicles to WWP veterans.
“Our relationship with the Wounded Warrior Project allows Polaris and our dealers to support the men and women who selflessly sacrifice for our nation through their military service,” said Scott Wine, Polaris Industries CEO. “We consider it an honor and a privilege to partner with the Wounded Warrior Project, an organization that lends a hand to those who merit it most. We hope this donation helps these brave men and women return to the rich, active lives they truly deserve.”
On the opening night of the Company’s summer sales meetings, Polaris announced it would donate $25 to WWP for each rider that rode an all-terrain vehicle or Side-by-Side at the Polaris demo track, a winding set of man-made dirt trails intended to provide dealers with a chance to experience riding the latest Polaris products. That promise led to $44,500 in donations, powered by more than 1,700 demo rides.
The following week, at the 72nd edition of the legendary motorcycle rally at Sturgis, a year-long effort from Polaris-owned Victory Motorcycles and its dealers culminated when Steve Menneto, Polaris’ vice president of motorcycles, announced that Victory would contribute an additional $100,000 to WWP.
The money represented an incredible number of demo rides conducted throughout the year at Victory dealerships as the brand challenged consumers with the phrase “Ride One and You’ll Own One,” then backed it up with the promise of donations to WWP for each ride.
In addition to donations made by Polaris and Victory, the Company offered dealers the opportunity to contribute to WWP as well. More than 100 Polaris dealers combined to generously add $9,625 of their own money, bringing the donation total to $154,125.
About the Wounded Warrior Project – The mission of Wounded Warrior Project (WWP) is to honor and empower wounded warriors. WWP’s purpose is to raise awareness and to enlist the public’s aid for the needs of injured service members to help injured servicemen and women aid and assist each other, and to provide unique, direct programs and services to meet their needs. WWP is a national, nonpartisan organization headquartered in Jacksonville, Florida.
About Polaris – Polaris is a recognized leader in the powersports industry with annual 2011 sales of $2.7 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid vehicle industry with Global Electric Motorcars (GEM) and Goupil Industrie SA, and internally developed vehicles. Polaris enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicles accessories are available from authorized Polaris dealers or anytime at www.polaris.com.
