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Título: [ab] Harley-Davidson to Wisconsin: We ain't goin' nowhere Enviado por: Informadora em 15 de Setembro de 2010, 04:03:05 Harley-Davidson to Wisconsin: We ain't goin' nowhere
Filed under: Hirings/Firings/Layoffs, Earnings/Financials, MotorcycleAfter the dust-up surrounding Harley-Davidson's rumored evacuation of Wisconsin, the motorcycle manufacturer has announced that it will be staying in the Midwest. Unionized employees voted on September 13 to keep production operations in both Tomahawk and Milwaukee right where they are. Three labor organizations ratified a new seven-year contract that will take effect once the current deal expires in April of 2012. Earlier this year, Harley-Davidson began an assessment program to determine whether or not it would be in the company's best interest to move production outside of Wisconsin, and they had even gone so far as to scope out a few likely new homes. However, the new labor contract agreements will allow for a $50 million savings by the end of 2013, making the company's old plants more attractive than uprooting and starting new facilities elsewhere. Part of those savings come from the fact that by the time the new contract takes effect, the company will have 250 fewer full-time hourly unionized workers than what's outlined under the current agreement. While these and other restructuring changes will incur a number of one-time charges, Harley-Davidson is looking to see annual ongoing savings of anywhere between $290 million and $310 million. Hit the jump for the full press release. [Source: Harley-Davidson]Continue reading Harley-Davidson to Wisconsin: We ain't goin' nowhereHarley-Davidson to Wisconsin: We ain't goin' nowhere originally appeared on Autoblog on Tue, 14 Sep 2010 15:31:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments http://www.autoblog.com/2010/09/14/harley-davidson-to-wisconsin-we-aint-goin-nowhere/ |