Massive Fire At BRP/Can Am Facility In Juarez Mexico

[RykerRick]

Dont know if this will slow the Rykers production, but they are made in Juarez. LINK: https://www.thedrive.com/news/41595/..._ILFTVsQSDnsoY

[Slider]

Dont know if this will slow the Rykers production, but they are made in Juarez. LINK: https://www.thedrive.com/news/41595/..._ILFTVsQSDnsoY

Assembly plant for ATVs and UTVs. Doubt Ryker supply will suffer. Glad to know everyone got out though.

[RICZ]

It is a total loss. How sad.

[billybovine]

Press release from BRP.

BRP TO RESUME OPERATIONS SHORTLY AFTER FIRE OCCURRED IN THE YARD OF ONE OF ITS JUAREZ, MEXICO FACILITIES (JUAREZ 2)
July 19, 2021 at 8:00 AM EDT
VALCOURT, Quebec, July 19, 2021 – BRP (TSXOO; NASDAQOOO) announces that on July 17, 2021, there was a fire in the storage yard of the Juarez 2, Mexico facility. All employees on site were safely evacuated and there are no reported injuries. No damage was caused to the manufacturing facility, where side-by-side vehicles are produced. The Company is ready to resume production and is expecting to receive clearance from authorities by mid-week.

“I am pleased that all our employees are safe and followed our health and safety protocols. We appreciate the quick assistance of the firefighters, local businesses and authorities. We do not anticipate any material impact to our business”, stated José Boisjoli, President & Chief Executive Officer, BRP.

The Company is working with authorities and internal and external experts to determine the cause of this incident. Some SSV units that were in our storage yard were lost, representing approximately 6 days of production.

While we expect this incident will delay certain SSV deliveries, dealers and customers can be assured we are putting measures in place to mitigate its impact.

About BRP

We are a global leader in the world of powersports vehicles, propulsion systems and boats, built on over 75 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Alumacraft, Manitou, Quintrex, boats and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel business to fully enhance the riding experience. With annual sales of CA$6.0 billion from over 130 countries, our global workforce is made up of more than 14,500 driven, resourceful people.

[old Timer]

Which vehicles are the SSV vehicles?

[VitoNam]

Which vehicles are the SSV vehicles?

Side by Side Vehicle.

[old Timer]

Thanks, that's what I thought.

Here in Alamogordo there are 3 SSV dealers, the one we do business with, a Polaris dealer usually always has between 50 and 70 units on the lot to be chosen from. For months now, non available, lot empty. Any unit seen on the lot is already sold and only waiting for customer pick up. Their sales are actually above last year much to my surprise. The current way to do it is to order the unit that you want. We have a new '22 Polaris Mid Size SSV Ranger on order. All 3 SSV/ATV dealers here are in the same boat.

[ARtraveler]

Ran into similar with our Kawi Mule. They had "one" for sale. Fortunately is was the one we were looking for. And...they gave me more for my trade in than expected. We jumped on the deal.

Glad to hear no one hurt, and that is will not affect Ryker or Spyder production.