E-Z-GO Announces New Ownership of Great Lakes Golf Cars

March 04, 2014
Serving the New York Region

AUGUSTA, Ga. — E-Z-GO, a Textron Inc. company and a leading global manufacturer of golf cars and light-transportation vehicles, announces that its authorized distributor in northern New York, Great Lakes Golf Cars, has been acquired by Paul Pinckney and Jim Farrelly. The two gentlemen have strong backgrounds in business, financial operations and the golf car industry.

Under its new ownership, Great Lakes Golf Cars will continue to sell, service and support E-Z-GO golf cars and utility vehicles — including RXV® and TXT® fleet-golf cars, the Cushman® Hauler™ line of turf-maintenance vehicles, and Cushman Refresher™ vehicles – to golf facilities throughout the region. Joe Munger, Founder of Great Lakes Golf Cars, will continue to be involved in day-to-day operations of the business to ensure a smooth transition for customers.

"This acquisition provides a unique opportunity for us to continue the legacy that Joe has established with Great Lakes Golf Cars," Pinckney said. "E-Z-GO is a proven leader within the industry and we are eager to grow our partnership. We look forward to personally meeting customers during the coming weeks, and strengthening our relationships."

"E-Z-GO is excited about the acquisition of Great Lakes Golf Cars and working with Paul and Jim," said Michael R. Parkhurst, vice president, golf for E-Z-GO. "It is clear that they possess passion for the customer and are ready to embrace future opportunities as a result of this new venture. I look forward to helping them serve our customers and grow our business in the area."

Since 2005, Pinckney and Farrelly have successfully operated two golf car businesses – Golf Car Rentals & Sales and Southern Cart Rentals, building strong relationships with golf courses within the region through fleet rentals and support.

To contact Great Lakes Golf Cars, please call 315.730.1110 or visit www.glgolfcars.com. For more information about E-Z-GO and its complete line of golf and light transportation vehicles, visit www.ezgo.com or join E-Z-GO’s Facebook community at www.facebook.com/4ezgo.

About E-Z-GO

E-Z-GO, a Textron Inc. (NYSE: TXT) company, is a leading global manufacturer of golf cars, utility and personal transportation vehicles. Products sold under the E-Z-GO brand include RXV and TXT fleet golf cars, Freedom® RXV and Freedom TXT personal golf cars, E-Z-GO Terrain™ and Express™ personal utility vehicles, and the 2Five® street-legal low-speed vehicle. E-Z-GO also produces the Cushman line of heavy-duty material carriers and utility vehicles, and the Bad Boy Buggies® line of off-road utility vehicles for hunters and outdoor enthusiasts.

Founded in 1954 in Augusta, Ga., E-Z-GO became part of Textron Inc. in 1960.

About Textron Inc.

Textron Inc. (NYSE: TXT) is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron in known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.

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Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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