Gabrielle Coppola: Trump���s TPP Pullout May Have Cost Missouri Its Harley Factory: "Harley-Davidson Inc.���s chief executive officer said he may have kept a plant open in Missouri if the U.S. had stayed in the Trans-Pacific Partnership, the free-trade agreement that President Donald Trump withdrew from last year...
...The motorcycle maker���s decision to shutter its factory in Kansas City and build a plant in Thailand was the ���Plan B��� that Harley turned to after the U.S. abandoned a trade pact with a bloc of 11 countries mostly in Asia, CEO Matt Levatich said in a phone interview. ���We would rather not make the investment in that facility, but that���s what���s necessary to access a very important market. It is a direct example of how trade policies could help this company, but we have to get on with our work to grow the business by any means possible, and that���s what we���re doing.��� Harley will cut about 260 jobs as it shifts production from Missouri to its factory in York, Pennsylvania, amid a deepening U.S. demand slump...
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Published on May 12, 2018 14:39