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Harley-Davidson announces results of union contract vote



Harley-Davidson announces the results of the union contract vote

Harley-Davidson has announced that its unionized workers have ratified a new contract agreement.


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FUTURE WEBVTT. KENT: IT IS A PUBLIC ROAD FOR HARLEY DAVIDSON, FACING THE SALES OF DECLINATION AND A BASE OF CUSTOMERS THAT AGING. >> YOU HAVE SOME OF THE OLD TIMERS THAT ONLY CAN NOT DO IT ANOTHER AND HAVE TO MAKE A WAY TO ENTER THE YOUNGER GENERATION. KENT: A NEW GENERATION OF STAR POWER COULD HELP. AS AQUAMAN STAR JASON MOMOA, WHO DID A SPLASH WITH A RECENT VISIT TO THE HARLEY FACTORY. >> 1903, BABY. 115 years KENT: AND IT COULD BE THE COMPANY'S LARGEST CHANGE. HARLEY HAS BEGUN TO TAKE ORDERS FOR THE LIVEWIRE, ITS FIRST ELECTRIC MOTORCYCLE. BUT SOME WONDERS ANYTHING THAT WILL REALLY LET YOUNG YOUNG PEOPLE. >> THEY UNDERSTAND THE BRAND, BUT I DO NOT UNDERSTAND MILLENNIALES, THEREFORE IT IS A GUESS IN THIS BUT IT DOES NOT BET IT AGAINST HARLEY. >> THE DEMOGRAPHIC PROBLEM IS ONE OF THE MOST SERIOUS THINGS THAT FACE. KENT: INDUSTRY ANALYST DAVE BECKELL SAYS THAT ARRIVING MILLENALES TO PURCHASE THE HARLEY BRAND WILL BE A CHALLENGE. >> THE BRAND, IN ORDER TO SURVIVE, MUST EVOLVE. I think they are trying as hard as possible to evolve to the brand and be as accessible as possible in a customer base as possible. KENT: BUT ATTRACING YOUNG WRITERS IS JUST A CHALLENGE FOR HARLEY. THERE ARE ALSO COSTLY RATES THAT TAKEN A VERY PUBLIC SAMPLE WITH PRESIDENT TRUMP. PRES. TRUMP: HARLEY DAVIDSON IS USING IT AS EXCUSE, AND I DO NOT LIKE, BECAUSE I HAVE BEEN VERY GOOD WITH HARLEY DAVIDSON. KENT: IN SHARP CONTRAST TO A HIGH PROFILE INVITATION TO THE WHITE HOUSE, THE PRESIDENT CALLED THE COMPANY WHEN HE ANNOUNCED THE LAST SUMMER THAT WILL MOVE SOME OF HIS PRODUCTIONS ABROAD TO MAINTAIN MILLIONS IN THE TARIFF, EVEN SUGGESTION THAT SEE MORE THAN THE END OF HARLEY. PRES. TRUMP: BUILD IT IN THE UNITED STATES. YOUR CLIENTS WILL NOT BE HAPPY IF YOU DO NOT DO IT. KENT: THE CEO OF THE COMPANY ADDRESSED SOME OF THE CHALLENGES IN AN INTERVIEW THE LAST SUMMER. >> WE HAVE TO DO WHAT WE HAVE TO DO BASED ON THE FACTS AND CIRCUMSTANCES BEFORE US, AND WE ARE DOING IT. KENT: NOW HARLEY DAVIDSON IS IN DIRECTION OF A NEW WAY WITH A NEW WHEEL SET, WAITING FOR A SOFT WALK. WHAT HAPPENS FOR THE FUTURE FOR HARLEY DAVIDSON? >> I think it's a lot in the air. IT IS A BRAND THAT HAD BEEN DURING A HUNDRED 15 YEARS FOR A REASON. THE COMPANY HAS AN INCREDIBLE RESOLUTION TO SURVIVE AND TRIVAR. >> THEY WILL FIGURE IT ALWAYS HAVE. PATRICK: KENT, REACH HARLEY. WHAT DOES THE COMPANY SAY ABOUT ITS UNCERTAIN FUTURE? KENT: KNOW WHAT THEY ARE UP AGAINST. THEY SAY THAT THE STRATEGY ACCELERATED TO ATTRACT YOUNGER PILOTS, INCLUDING THE ELECTRIC AND SMALLER MOTORCYCLE, LESS CHARGES. Despite the 6% drop in the last quarter of sales, Harley says that 52,000 new riders were added, who buy more used bicycles. PATRICK: YOU

Harley-Davidson announces the results of the union contract vote

Harley-Davidson has announced that its unionized workers have ratified a new contract agreement.

Harley-Davidson has announced that its unionized workers have ratified a new contract agreement. The announcement was made on Monday after a vote by United Steelworkers. The new labor agreement covers workers at the Milwaukee and Tomahawk sites. International Association of Machinists and Aerospace Workers Unions ratified a five-year agreement on April 1. The two agreements cover more than 1,000 Wisconsin workers. "Our Wisconsin Operations employees play an essential role in ensuring the strength of our manufacturing operations and our ability to respond to our customers around the world, and we appreciate their many contributions," said the Director of Operations at Harley-Davidson, Michelle Kumbier "We believe that the new contracts will allow us to compete in a challenging business environment and promote our strategy to build the next generation of brokers worldwide." The new contracts include a wage increase of 14 percent for workers over the next five years. You will also receive a signing bonus, there will be no increases in health care costs, two separate variable incentive plans, significant pension improvements for current employees and a retirement incentive package for employees eligible to retire. Harley-Davidson said the plan ratified on Monday was the same before. Approved by the members of the IAM.

Harley-Davidson has announced that its unionized workers have ratified a new contract agreement.

The announcement was made on Monday after a vote by United Steelworkers.

The new labor agreement covers workers at the Milwaukee and Tomahawk sites.

On April 1, members of the International Association of Machinists and Aerospace Workers ratified a five-year agreement.

The two agreements cover more than 1,000 Wisconsin workers.

"Our Wisconsin Operations employees play an essential role in ensuring the strength of our manufacturing operations and our ability to respond to our customers around the world, and we appreciate their many contributions," said the Director of Operations at Harley-Davidson, Michelle Kumbier "We believe that the new contracts will allow us to compete in a challenging business environment and advance our strategy to build the next generation of brokers worldwide."

The new contracts include a wage increase of 14 percent for workers over the next five years.

They will also receive a signing bonus, without increases in health care costs, two separate variable incentive plans, significant improvements in pensions for current employees and a retirement incentive package for eligible employees to retire.

Harley-Davidson said the plan ratified on Monday was the same as previously approved by the IAM members.

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