Harley Davidson Plans Temporary Factory Shut Down

Harley Davidson announced late today that it plans to shut down five plants for one week in November as a measure to cut back production. ...

Harley Davidson announced late today that it plans to shut down five plants for one week in November as a measure to cut back production.

The Business Journal reports...
The Milwaukee-based motorcycle manufacturer confirmed late Friday afternoon that it will close its final assembly plants in York, Pa., and Kansas City, as well as the company's powertrain operations in Wauwatosa and Menomonee Falls, and its Tomahawk Operations in Tomahawk for the week of Nov. 26.
Read the full article here...
http://www.bizjournals.com/..../2007/09/10/daily52.html

This news comes just a few days after Standard & Poor's downgraded the Motor Company's ratings outlook to negative, citing its weak guidance for the second half of the year.

Employees won't be receiving pay during the shut down, but will still have their health benefits.

The company is preparing for a drop in orders for the 3rd Quarter, expecting their production to fall to 86,000-88,000 bikes instead of the previously forecasted 91,000-95,000 bikes.

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