Cycle Country Continues Growth
October 1, 2004
Filed under Features
Cycle Country Accessories Corp. (ATC), the Milford, Iowa-based manufacturer of ATV accessories and other diversified industry products, reported revenues for the first 11 months of fiscal 2004 of $18,949,910, up 53% compared to the same period in 2003. Company officials say net income has increased 322% to $1,449,967.
Cycle Country net income during August 2004 increased 367% to $313,485 from $67,387 during the same month last year. Revenues of $2,347,718 for the month were up more than a 93% compared to revenues in August 2003.
Ron Hickman, president and CEO of Cycle Country, says sales of snow blades and OEM products were partly responsible for the increased August revenues.