Harley-Davidson Margin Squeeze Drops Stock Most Since August

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As part of its make do to a more flexible workforce, Harley is consolidating its York, Pennsylvania, factory to one production line from four. 18 (Bloomberg) -- Harley-Davidson Inc. That modify slowed production of touring and custom bikes, among Harley&rsquo. , the biggest U. S. motorcycle maker, said a complex refurbish of the factory that makes its priciest models cut production of those bikes, which hurt margins. Shame on us because we had some issues in the quadrature that precluded us from producing as many touring bikes as we would have like. Harley dropped to $34. Keith Wandell, Harley&rsquo. Workers moved from other parts of the plant are being trained on assembly of 20 different models. 59 at the close in New York, the biggest drop since Aug. t done as a skilled a job communicating the magnitude of this,&rdquo. 18, erasing the stock&rsquo. (Updates stock price in the first paragraph. The investment fell 7 percent. s gain for the year. Maybe we haven&rsquo.

Source: BusinessWeek

Harley-Davidson opens Latin American HQ in Miami

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"As part of its role transformation, Harley-Davidson is taking one of the world's most iconic brands to the many roads of the world," Latin American VP and Managing Concert-master Mark Van Genderen said in a company release. "This new regional headquarters is part of that transformation, and confirmation that Harley-Davidson is committed to fulfilling the dreams of customers in Latin America, from Tierra del Fuego to the Rio Grande. The Latin American headquarters supports subsidiaries in Brazil and Mexico, as well as in other parts of the sector, through its Latin America Direct Markets group. On Thursday announced the opening of its Latin American headquarters in Miami, poignant the operations from Milwaukee.

Source: Bizjournals.com