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#61 |
Fight, build, win!
Join Date: Sep 2004
Location: KC
Casino cash: $-2038750
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The York plant went thru a huge expansion modernization and retooling.
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"The victim stance is a powerful one. The victim is always morally right, neither responsible nor accountable, and forever entitled to sympathy." |
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#62 | |
Live free or die hard
Join Date: Sep 2000
Location: Durango, CO
Casino cash: $-721618
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Quote:
I'm not exaggerating when I say they were like trying to deal with the mafia. They effected IT in so may ways (an area they really should have no influence) it was sickening. Anyway, here's an article on the effect it's having on the York plant on the consolidation between KC and York: http://www.mcall.com/business/manufa...130-story.html Harley-Davidson to close plant, consolidate production in York A deepening slump in U.S. motorcycle demand is spurring more job cuts and a plant closure at Harley-Davidson Inc., a company President Donald Trump has cast as a model American manufacturer. The Milwaukee-based motorcycle maker will close its factory in Kansas City, Mo. and consolidate production in York, according to a statement Tuesday. Trump praised the company last year as a "great example" of a business creating jobs and building factories in the country. The move will mean 800 layoffs at the Kansas City facility, beginning midyear, and it will close by the third quarter of 2019. The company said it will add up to 450 new positions at the York facility. Harley is consolidating its U.S. manufacturing presence as its bike sales fall on every continent. And the pain won't end this year: The company projected global sales will drop as much as 4.9 percent more in 2018 after a 6.7 percent decline last year. U.S. motorcycle ridership has stalled in spite of Chief Executive Officer Matt Levatich's efforts to introduce models for first-time buyers and teach more Americans how to safely get around on bikes. Harley shares fell as much as 9.4 percent in New York, the biggest intraday drop since July. The issue for investors isn't the fourth-quarter miss, which was complicated by a number of one-time items, David Beckel, an analyst with Sanford C. Bernstein & Co., said in a note to clients. "The story is, or continues to be, that Harley is in the throes of a significant secular decline," he wrote. Sales in the crucial U.S. market fell 11 percent in the fourth quarter and 8.5 percent for the year. Harley executives said they're drawing more consumers to their brand, but couldn't say during the call with analysts how many are buying used instead of new bikes. As bike demand weakens, one of Harley's rival brands is calling it quits. Polaris Industries Inc., which started winding down its Victory motorcycle operations early last year, projected adjusted profit of as much as $6.20 a share for 2018, well below analysts' $6.99 a share average estimate. The Medina, Minnesota-based company's stock plunged as much as 17 percent, the biggest drop since November 2008. The Kansas City plant closing will cost Harley as much as $200 million through 2019, then result in annual cash savings of $65 million to $75 million after 2020. Levatich declined to say how much production capacity will be reduced. At the same time, the company is building a factory in Thailand that will assemble bikes using components shipped from the U.S. Unions representing Harley workers accused the company in September of trying to "systematically dismantle" its hourly workforce. A spokesman for the International Association of Machinists and Aerospace Workers said the union didn't have an immediate comment Tuesday. Harley reported profit of 5 cents a share in the last three months of the year, well below the 46 cent average analyst estimate. The company reported a $53.1 million charge related to the U.S. tax bill and a $29.4 million charge for a product recall. "Harley can't get younger people into the hobby and the bikes are too big to be transportation in Europe or Asia," Kevin Tynan, a Bloomberg Intelligence analyst, said in an email. "That future is really dark." |
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#63 |
Beyond the Rapids
Join Date: May 2003
Location: Langley, VA
Casino cash: $-370000
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Posts: 80,659
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#64 |
Supporter
Join Date: Jan 2014
Location: Missouri
Casino cash: $-950458
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Posts: 5,262
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#65 |
Beyond the Rapids
Join Date: May 2003
Location: Langley, VA
Casino cash: $-370000
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Posts: 80,659
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#66 | |
Keep doubting J MFing Houston
Join Date: May 2007
Location: ft.lauderdale
Casino cash: $4008036
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I think... I have no stance either way. But I think the unions were having low tier jobs pay crazy money. I COULD BE WRONG.... |
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#67 |
The man you could post like.
Join Date: Oct 2010
Casino cash: $-1250345
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Eh, from what I gather at work they use quite a lot of temps in their production. "Seasonals" is what they're called. Just sounds like a slump in sales and they want to consolidate the work into their York plant.
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#68 |
In Search of a Life
Join Date: Mar 2006
Casino cash: $3169900
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Gotta make that dick seem bigger somehow.
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Posts: 22,630
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#69 | |
Resident Glue Sniffer
Join Date: Nov 2003
Casino cash: $1929358
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rashed up, totaled Street Glide. all that little prick got was a couple of tickets, one for "improper lane change".
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Life is 99% inspiration, 1% Perspiration, and 1% Attention to Detial. RIP & Godspeed: Saccoppo Lonewolf Ed Fire Me Boy |
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#70 |
I miss Eric and Willie
Join Date: Sep 2000
Location: OHohOhhhhh-lathe
Casino cash: $-1708148
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"Loud pipes save lives." This statement is a myth.
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IV LIV LVII LVIII ![]() ![]() |
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#71 |
Live free or die hard
Join Date: Sep 2000
Location: Durango, CO
Casino cash: $-721618
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Not when the guys house you're driving by at 2am who has to be up for work throws a 2x4 across your lane they don't.
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#72 | ||
Mindful Taoist German
Join Date: Aug 2000
Casino cash: $6561662
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So do air bags and having a roll cage around you...
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#73 |
Are you ready to Rumble?
Join Date: Apr 2006
Casino cash: $-1268759
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#74 | |
Banded
Join Date: Feb 2001
Location: Oz
Casino cash: $-529308
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As for me, I have several biker shirts, some Harley, some just basic biker shirts. Also have other things with HD name on them, mostly clothing and boots. They are overpriced but at the same time, they are good quality. And I like to buy off the clearance rack because you can get a good looking, good quality tshirt for less than $20.
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Conversation would be vastly improved by the constant use of four simple words: I do not know. |
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#75 |
Banded
Join Date: Feb 2001
Location: Oz
Casino cash: $-529308
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Not to mention that they charge extra for that. At least they did when I bought my RK in 2013.
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Conversation would be vastly improved by the constant use of four simple words: I do not know. |
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