American Motorcycle Dealer AMD 239 June 2019 | Page 64
NEWS
BRIEFS
Harley has approved a cash dividend
of $0.375 per share for the second
quarter of 2019. The dividend is
payable June 14, 2019 to the
shareholders of record of the
company's common stock as of May
30, 2019.
Indian Motorcycle said that its
FTR 1200 and FTR 1200 S were
due to begin arriving at dealers
in the U.S. and Canada in mid-
May. All factory accessories,
including the Tracker, Sport,
Rally and Tour Collections, will
also be available as motorcycles
arrive in dealerships.
In further FTR 1200/S news, Indian
Motorcycle has confirmed that FTR
assembly will commence for
European dealers at their Poland
factory by the end of 2019; European
spec CKD 'Scout' kits from the Spirit
Lake, Iowa factory are already being
assembled there.
Workers at Harley's
Menomonee Falls and
Tomahawk plants in Wisconsin
have agreed what the company
said was its final new contract
labor offer. The deal will see the
workers concerned receive 14%
raises over the next 5 years,
with a new average assembly
worker wage of $33 per hour
for those in the Milwaukee area
and $25 hourly for Tomahawk
employees. Harley has also
promised to invest $65 million
into the Menomonee Falls
factory and $10 million into the
Tomahawk facility. The expiring
agreement was negotiated in
2010 and implemented in 2012
and included a seven-year wage
freeze. That deal was a by-
product of then CEO Keith
Wandell's hard-ball play book
response to the financial crisis.
64
Tim Brown Adds H-D Charlotte NC
Harley-Davidson of Charlotte in
Matthews, North Carolina, has been
sold from Ken Lipack to Tim Brown.
Established in the early 1920s, the
dealership underwent many ownership
changes and relocations until it was
acquired in 1993 by Ken and Ron
Lipack - a past elected member and
President of Harley-Davidson’s Dealer
Advisory Council.
Tim Brown bought H-D Charlotte to
expand and grow his group and
footprint in the Southeast. In addition
to several automotive dealerships,
Brown also owns Harley-Davidson of
Greenville, South Carolina. "As a long-
time car guy and a long-time partner
with Billy Weaver of Harley-Davidson of
Greenville, SC before buying him out, I
really wanted to buy another Harley-
Davidson dealership, even though it
was a very emotional sale for the
Lipack family."
The dealership will operate under a
new name, Independence Harley-
Davidson, but will remain located at
9205 East Independence Boulevard in
Matthews, North Carolina.
"What's the Skinny" -
Motorcycling Without The Fat
The theme for this year's
Michael Lichter 'Motorcycles as
Art' exhibit at the Buffalo Chip
during Sturgis (August 3 - Aug 9,
2-10 p.m.) is to be "What's the
Skinny" - a 'Less Is More' one-
time collection of world-class
'Light and Lean' custom
motorcycles built by industry
leaders whose past work been
influenced by the "skinny"
aesthetic.
"What happens when you thin
the herd of the custom
motorcycling world and gather
the builders known best for
creating the lightest, leanest
and meanest machines on two
wheels? You'll find out when you
experience the stunning
collection of masterpieces
curated by Michael Lichter for
the Sturgis Buffalo Chip's 2019
Motorcycles As Art Exhibition.
AMERICAN MOTORCYCLE DEALER - JUNE 2019
"During the exhibit's 11th year
at the Buffalo Chip, you'll get to
know the works of a diverse
group of over 40 custom
builders and artists hand
selected by exhibit curator
Michael Lichter - showing just
how much inspiration, detail and
engineering mastery can be
crammed into a wiry frame in a
world-class gallery setting.
"There are no rules restricting
the builders on type and size of
tires, how much the primary can
stick out or an absolute
maximum width for the fuel
tank and handlebars. Lichter
based each builder's inclusion
solely on past bikes they have
built. The bikes they build are
limited only by their imagination
and ingenuity. The majority of
the bikes in the display will be
built specifically for this show."
www.AMDchampionship.com