LISTEN: Polaris Closing Wisconsin Factory After Indian Motorcycle Sale

Last October, Polaris announced the sale of its Indian Motorcycle business to a California-based private equity firm.The Minnesota-based company has owned the nearly 125-year-old motorcycle maker since 2011 and has given it a new lease on life. When Polaris struck a deal with Carolwood LP, CEO Mike Speetzen said both Polaris, which will hold onto a small stake in the company, and Indian stood to benefit from the deal.According to the Minnesota Star Tribune, the sale is expected in Q1, and Polaris has been forced to make some tough choices as a result.