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Old May 25, 2017 | 05:27 PM
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Is this more fake news or what?

Harley Davidson building a plant in Thailand

Business CNBC Videos
Harley Davidson building a plant in Thailand

Harley-Davidson plans a Thailand factory to serve SE Asian marketReuters
Harley Davidson to open a plant in ThailandCNBC Videos

B Bop???
 
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Old May 25, 2017 | 05:32 PM
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I can believe that, lived there for awhile, are they taking applications?
 
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Old May 25, 2017 | 06:04 PM
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BANGKOK (Reuters) - Motorcycle maker Harley-Davidson Inc (HOG.N) said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union.
The company did not give a figure for the planned investment in Thailand's Rayong province, southeast of Bangkok.
Katie Whitmore, Harley-Davidson public relations manager, said the company had its best results in Asia-Pacific in 2016, though she gave no numbers.
The Thailand facility "will allow us to be more responsive and competitive in the ASEAN region and China," Harley-Davidson public relations manager Katie Whitmore said.
"Increased access and affordability for our customers in the region is key to growth for the company in total," she said. "There is no intent to reduce H-D U.S. manufacturing due to this expansion."
The plant would let Milwaukee-based Harley-Davidson avoid Thailand's up to 60 percent tariff on imported motorcycles and help it get tax breaks when exporting to Thailand's neighbors, thanks to a trade arrangement among members of the Association of Southeast Asian Nation (ASEAN).
Harley opened a plant in India in 2011. It also assembles motorcycles at a plant in Brazil.
After the New York Times reported on Harley's planned Thai investment, United Steelworkers (USW) International President Leo W. Gerard on Tuesday said the decision was "a slap in the face to the American worker and to hundreds of thousands of Harley riders across the country."
USW represents members at Harley plants in two U.S. states and 850,000 workers in North America.
Gerard also said that production outside the U.S. "puts in jeopardy the success that has propelled Harley over the years."
Whitmore said motorcycles assembled in Thailand would have the same "authentic look, sound and feel" as those manufactured in the U.S.
Demand for Harley motorcycles in the U.S., the company's biggest market, continues to be slow as its loyal baby boomer demographic changes ages.
(Reporting by Amy Sawitta Lefevre; Editing by Richard Borsuk)

B Bop...
 
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Old May 25, 2017 | 06:05 PM
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I actually heard this on the radio today....assuming HD is building an Asian plant to fulfill Asian demand? Their timing is terrible.
 
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Old May 25, 2017 | 08:20 PM
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So what?
 
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Old May 25, 2017 | 08:28 PM
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Chill Dude, not really a big deal in the grand scheme of things.
 
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Old May 25, 2017 | 08:36 PM
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"Harley opened a plant in India in 2011. It also assembles motorcycles at a plant in Brazil." Global company = global production.
 
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Old May 25, 2017 | 09:23 PM
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Originally Posted by B Bop
Is this more fake news or what?

Harley Davidson building a plant in Thailand

Business CNBC Videos
Harley Davidson building a plant in Thailand

Harley-Davidson plans a Thailand factory to serve SE Asian marketReuters
Harley Davidson to open a plant in ThailandCNBC Videos

B Bop???
I'm not sure why the union would be against it. It looks like the bikes will be manufactured here in the US and sent to Thailand to be assembled. HD will avoid a 60% tariff by doing the assembly in Thailand. That will make the price of their bikes more competitive in the Asian markets and as such they should sell more bikes in the Asian markets. I'm guessing that will mean an increase in the number of bikes manufactured here in the US by US union workers.
 
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Old May 25, 2017 | 10:14 PM
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That's why you want your first part of your VIN to be "1HD" and the 7th from the right to be a "B". No worries unless you plan on buying a bike in Thailand.
During the sale the salesman say's "You buy the ESP and you loved long time".
Oh wait...sorry I digress no worries.
 
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Old May 26, 2017 | 12:10 AM
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Originally Posted by oleboy
I'm not sure why the union would be against it. It looks like the bikes will be manufactured here in the US and sent to Thailand to be assembled. HD will avoid a 60% tariff by doing the assembly in Thailand. That will make the price of their bikes more competitive in the Asian markets and as such they should sell more bikes in the Asian markets. I'm guessing that will mean an increase in the number of bikes manufactured here in the US by US union workers.
Well speaking from experience, one of my past jobs built a plant over seas, and it appeared great for about 3 years. Then the U.S. facility closed it's doors!

Like to be optimistic, but history provides me with only flashbacks.

B Bop

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