Grant program develops youth leadership, growth and career success in agriculture
MINNEAPOLIS, October 28, 2015 – Arctic Cat Inc. (NASDAQ: ACAT) today announced its partnership with the National FFA Organization (FFA), the youth leadership organization dedicated to making a positive difference in the lives of young people by developing their potential for premier leadership, personal growth and career success through agriculture education. Through this new partnership, Arctic Cat and its participating dealers will support local FFA chapters with grant and awareness programs to assist with youth scholarships, training and local events for FFA members.
“With more than 23 million jobs in the U.S., agriculture is our country’s largest employer and the backbone of our nation,” said Greg Williamson, Arctic Cat’s chief marketing officer. “FFA plays a critical role in the agriculture industry and the success of youth who aspire to be farmers, teachers, doctors, scientists, business owners and more. Arctic Cat will help grow and strengthen the future farmers of America through our participation in FFA’s grant program.”
Arctic Cat and its participating dealers created a special cooperative program that will actively drive participation in FFA’s local chapter grant program, allowing resources to be directed where they are most needed. In addition, the company will display its key all-terrain vehicles (ATVs) and side-by-side recreational off-highway vehicles (ROVs) – many of which are designed and built for the needs of farmers and agriculturists – at the National FFA Convention & Expo in Louisville, Kentucky, Oct. 28-31, 2015. Arctic Cat also will promote FFA on its website and through its media partners.
“We are thankful to Arctic Cat for being a supporter of the National FFA Organization and for raising financial support and community awareness about FFA,” said Molly Ball, National FFA Foundation president.
Added Williamson, “The FFA creed begins with these powerful words: ‘I believe in the future of agriculture, with a faith born not of words but of deeds.’ Arctic Cat and its dealers share this conviction and, through this new partnership, will support FFA members financially and through targeted promotion.”
About Arctic Cat
The Arctic Cat brand is among the most widely recognized and respected in the recreational vehicle industry. The company designs, engineers, manufactures and markets all-terrain vehicles (ATVs), side-by-sides and snowmobiles, in addition to related parts, garments and accessories under the Arctic Cat® and Motorfist® brand names. Arctic Cat Inc.’s world headquarters is located in Minneapolis, Minnesota. Its common stock is traded on the NASDAQ Global Select Market under the ticker symbol “ACAT.” More information about Arctic Cat and its products is available at www.arcticcat.com.
About National FFA Foundation
The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that recognize FFA member achievements, develop student leaders and support the future of agricultural education. Governed by a 19-member board of trustees comprised of educators, business leaders, individual donors and FFA alumni, the foundation is a separately-registered nonprofit organization. About 82 percent of every dollar received by the foundation supports FFA members and agricultural education opportunities. For more, visit FFA.org/Give.