Honda Aircraft Company Begins HondaJet Production

ORLANDO, FL – October 30, 2012 – (Motor Sports Newswire) – Honda Aircraft Company announced today that it has commenced production on the much anticipated HondaJet, the world’s most advanced light jet. During a press conference at the National Business Aviation Association (NBAA) annual meeting and convention in Orlando, Fla., the company also highlighted key testing milestones that have been successfully accomplished with the HondaJet moving closer to certification and delivery.

“An assembly line for HondaJet production is in place, major aircraft components including the fuselage and wing have been produced, and we have started assembly of the first customer aircraft,” said Honda Aircraft President and CEO Michimasa Fujino. “Commencing production is the most important milestone in the HondaJet program to date, with only the future Federal Aviation Administration Type Certification and first customer delivery ranking greater in significance.”

Production start with steady progress
Honda Aircraft commenced production of the HondaJet and continues to make steady progress toward delivery of the first customer aircraft. The Honda Aircraft production facility represents Honda’s expectation of high quality product delivery with lean activities designed to standardize production work and eliminate defects. The company has developed and implemented its own production process improvement device, focused on operator work instructions while on the assembly floor. Instructions are presented on a tablet device, allowing technicians to see a graphical interface that is easy to read and is specifically designed to the individual tasks. The device reduces the need for printed materials and ensures real-time change management on the floor.

The production facility will also employ an innovative, on-site paint mixing system designed to achieve optimum color while reducing paint thickness in a controlled environment. At the push of a button, this advanced system allows for multiple aircraft to be coated with a single batch of paint, maintaining color consistency. The system also pre-heats the paint, which results in a superior aesthetic quality.

Honda Aircraft has also implemented the Automatic Guided Cart (AGC). The AGC is similar to a mobile robot and is designed to pick up and deliver parts to the production facility’s unique assembly areas. The AGC will allow for safe, on-demand material delivery and coordinated parts flow to production technicians.

Testing milestones achieved
Over the past year, Honda Aircraft has completed various flight, systems and structural tests including: crew seat crash tests, speedbrake testing, ultimate load tests, EASA windshield bird strike testing, wind tunnel icing tests, night lighting testing, etc.

The company recently completed the first in a series of remote testing to validate the HondaJet aircraft’s performance under extreme temperatures. Hot-weather flight tests were conducted in Yuma, Ariz., and included critical case tests for both aircraft systems and infrastructure. Recent tests included:

• Hot fuel testing – Fuel system operational tests were successfully conducted and demonstrated the HondaJet fuel system’s ability to supply fuel to the engine during elevated temperatures.
• Fuselage structure temperature validation – Static heat soak tests measured the environmental impact (e.g., air temperature and solar load) on the aircraft’s fuselage and interior. The HondaJet completed a simulated taxi and takeoff, and the aircraft’s exterior surface was examined to determine temperature profile.
• Powerplant cooling and electrical generator cooling – Engine and electrical system tests were successfully conducted at critical accessory loads and temperature environment.

To assist in remote location testing of the HondaJet, a 42-foot, custom telemetry vehicle entered service in October. The mobile telemetry truck was designed to duplicate the telemetry capabilities at Honda Aircraft’s world headquarters in Greensboro, N.C., and is a fully self-contained telemetry system used to monitor aircraft data during flight testing. The truck has six work stations for analysts to monitor real-time test data within a 200 nautical mile range of the aircraft and allows year-round operation at remote sites.

Test aircraft expansion
The company’s fifth FAA-conforming aircraft recently completed power-on electrical testing. This aircraft is on schedule to be released to flight test early next year. Now in final assembly, it will be the first HondaJet to have a full production interior. An additional structural test aircraft, the company’s sixth FAA-conforming aircraft, will also join the test fleet next year.

Honda Aircraft’s test program currently includes four FAA-conforming HondaJet aircraft: three actively flying test aircraft and one ground test aircraft, which was exclusively used for structural testing and recently retired from the program after successfully completing ultimate load tests.

Established product support and customer service processes
For aircraft after-market support, the company recently broke ground on a new, 90,000-square-foot Maintenance, Repair and Overhaul (MRO) facility. The MRO will provide a 24/7 support center and can simultaneously service up to 12 HondaJet aircraft. The facility, slated for occupancy the second half of 2013, will complement the existing network of HondaJet dealers with all locations delivering the same customer service experience. This expansion will bring the company’s total campus footprint to 600,000 square feet and more than 130 acres.

In an effort to increase efficiency, Honda Aircraft is committed to integrating sophisticated information technology systems throughout all areas of its business. As part of the effort  to enhance customer support, a comprehensive software package specifically designed for aerospace product support will integrate Honda Aircraft inventory, service and other critical functions. Honda Aircraft’s customer service team and Component Control of San Diego, Calif., are working jointly to configure, test and implement Quantum Control to coincide with the MRO facility’s opening next year.

To facilitate pilot training as the HondaJet approaches entry into service, Honda Aircraft has partnered with FlightSafety® International, the world’s leading aviation training organization. The simulator is in production and will be installed in the simulator bay at the Honda Aircraft world headquarters campus in Greensboro, N.C.

Recognized for pioneering aircraft innovation
In September, the American Institute of Aeronautics and Astronautics (AIAA) awarded its revered Award for Aircraft Design to Honda Aircraft Company President and CEO Michimasa Fujino. Fujino was recognized by the AIAA for pioneering the optimum HondaJet Over-The-Wing Engine Mount (OTWEM) configuration that reduces wave drag and increases drag divergence Mach number.

The HondaJet OTWEM configuration also maximizes aircraft cabin space, increases cruise fuel efficiency, and reduces interior sound and exterior noise. Other significant HondaJet innovations include a natural-laminar flow (NLF) wing and fuselage nose, and a composite fuselage. These innovations combined make the HondaJet the fastest, most spacious and most fuel efficient jet in its class.

“Honda is known for its methodical approach in engineering and processes,” said Fujino. “To this end, our commitment to deliver the best possible product that will bring new value to aviation remains. We have taken the necessary time and effort with the HondaJet program to do it right and give our customers the finest product with the best ownership experience possible.”

About HondaJet
HondaJet is the world’s most advanced light business jet aircraft, with best-in-class advantages in performance, comfort, quality and efficiency. The HondaJet is the fastest, highest-flying, quietest, and most fuel efficient jet in its class. The HondaJet incorporates many technological innovations in aviation design, including the unique Over-The-Wing Engine Mount (OTWEM) configuration that dramatically improves performance and fuel efficiency by reducing aerodynamic drag. OTWEM design also reduces cabin sound, minimizes ground-detected noise, and allows for the roomiest cabin in class, the largest baggage capacity, and a fully serviceable private aft lavatory. The HondaJet is powered by two highly fuel-efficient GE Honda HF120 turbofan jet engines, and is equipped with the most sophisticated glass flight deck available in any light business jet, a Honda-customized Garmin® G3000 next-generation all-glass avionics system composed of three 14-inch landscape-format displays and dual touch-screen controllers. The HondaJet is Honda’s first-ever commercial aircraft and lives up to the company’s reputation for superior performance, efficiency, quality, and value.

About Honda Aircraft Company
Honda Aircraft Company, a wholly owned subsidiary of American Honda Motor Company, Inc., was founded in 2006 though has its heritage in more than 20 years of ground-breaking aeronautical research and development. At Honda Aircraft’s World Headquarters campus in North Carolina, the birthplace of aviation, the company’s associates work in more than 500,000 square feet of state-of-the-art R&D, Manufacturing and Administration Headquarter buildings to develop, produce, market and support the HondaJet with HondaJet dealers. The challenging spirit upon which Mr. Soichiro Honda founded Honda Motors is still alive today as Honda Aircraft fulfills one of Honda’s long-standing dreams to advance human mobility skyward.

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GSX-R 1million Production Anniversary Video

October 5, 2012 – (Motor Sports Newswire) – In 1985, Suzuki introduced GSX-R750 which redefined the standard of Sportbike. GSX-R has continued to evolve since then, incorporating the latest racing technologies. Together with the ability to display its ultimate performance and win on the racetrack, its pursuit to make riding unforgettable experience, both on the road and the track, remain unchanged. With its continuous evolution, the name of GSX-R has been synonymous with high performance Sportbike.

In September 2012, total production of GSX-R series topped 1 million units. The unprecedented achievements were accomplished by strong, continuous support from fans, racers and dealers all over the world.

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BMW Motorrad Helmets Production insights.

February 6, 2012 – (Motor Sports Newswire) -

This clip shows the different steps of a BMW Helmet production. From the first sketches to a complete BMW Helmet.

 

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MV Agusta Starts F3 Production

 

VARESE, ITALY – February 6, 2012 – (Motor Sports Newswire) -

 

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Honda’s Cumulative Worldwide Power Products Production Reaches 100 million Units

TOKYO, JAPAN – January 6, 2012 – (Motor Sports Newswire) – Honda Motor Co., Ltd. announced that Honda’s cumulative worldwide power products production reached the 100 million-unit^*1 milestone during 2011.

Honda power products business dates back to 1953, based on the original spirit of Honda to utilize technology to help people, when an engine for agricultural equipment was launched with passion to use Honda’s engine technologies to reduce the manual labor of farmers.

Since then, Honda has been utilizing its core technology, the engine, to gradually expand its power products lineup which now includes tillers, generators, outboard engines, water pumps, lawnmowers, snowblowers and other products. Honda’s power products play an essential role in the lives of people around the world as the power to help people in various occasions.

Working toward the realization of a low-carbon society, Honda has been, especially in recent years, proactive in developing products in the areas of energy conservation and creation. As a result, Honda has been increasing the diversity of its power products lineup which now includes a compact household gas engine cogeneration unit, and a solar power system which adopts CIGS thin-film solar cells^*2.

In Japan, Honda power products are produced at Kumamoto Factory and Hosoe Plant at Hamamatsu Factory. In regions outside of Japan, Honda power products production began in 1984 with the production of lawnmowers in the U.S. Since then, Honda has been establishing and increasing the capacity of production plants in Europe and Asia as well. Today, Honda power products are produced at eleven production plants in nine countries and are used regularly by people in more than 150 countries around the world, positioning power products business as one of the key pillars for Honda’s business along with the motorcycle and automobile businesses.

Honda will continue its efforts to provide a wide-range of environmentally-responsible, safe and useful products to fulfill the increasingly diversifying needs of customers across the world.

*1 Honda’s internal data: Solar cell products are not included in the 100 million units which were determined based on the number of engines produced.

*2 By using non-silicon thin film made from a compound of copper, indium, gallium and selenium (CIGS), Honda solar cells achieved a major reduction in the environmental footprint with the reduction of energy consumed during the manufacturing process.

(reference) : Major achievements of power products business

year	Major achievements
1953	・Launch of the first Honda power product, the H-Type general-purpose engine
1959	・Launch of first Honda tiller, F150
1963	・Exports from Japan begin (first destination: France)
1964	・Micromini generator (E40) and outboard engine (GB30) introduced
1965	・Launch of first Honda portable generator, E300
1966	・Launch of first Honda water pump, W20/W30
1969	・Cumulative power products production reaches 1 million units
1973	・Launch of first Honda rice planting machine
1976	・Kumamoto Factory established
1978	・Launch of first Honda lawnmower, HR21 ・Cumulative production of generators reaches 1 million units
1979	・Asaka Higashi R&D Center established exclusively for power products
1980	・Introduction of the minitiller “Komame F200”
1981	・Cumulative power products production reaches 5 million units
1983	・Power products production plant at Hamamatsu Factory begins production
1984	・lawnmower production plant in the U.S. begins production.
1985	・Launch of first Honda riding mower, HT3810/ HT3813 ・Cumulative power products production reaches 10 million units
1986	・Start-up of power products production in France
1987	・Start-up of general-purpose engine and water pump production in Thailand ・Launch of extra-small portable power generator, EX300
1988	・Start-up of lawnmower production in Australia ・Start-up of generator and general-purpose engine production in India ・Launch of small diesel engines
1990	・Imports into Japan begin of American-made Honda walk-behind lawnmower
1992	・Cumulative power products production reaches 20 million units
1995	・Launch of in-wheel type motor ・Start-up of lawnmower engine production in Italy ・Start-up of generator production in China
1996	・Establishment of power products sales company in Indonesia
1997	・Launch of multi-directional 4-stroke engine, GX22/GX31 ・Cumulative power products production reaches 30 million units
1998	・Testing facility for outboard marine engines opens in Shizuoka ・Launch of the next-generation power generators, GENE21 Series
1999	・Launch of 4-wheeled electric wheel chair, Monpal ML100
2000	・Cumulative power products production reaches 40 million units
2001	・Outboard engine production plant (Hosoe Plant at Hamamatsu Factory) established ・Launch of the world’s largest class 4-stroke outboard engine, BF225/BF200
2002	・Launch of the world’s lightest 4-stroke engine, GX25 ・Cumulative power products production reaches 50 million units
2003	・Launch of household compact gas engine cogeneration unit
2004	・Cumulative power products production reaches 60 million units
2005	・Cumulative power products production reaches 70 million units
2007	・Launch of CIGS thin-film solar cell
2008	・Cumulative power products production reaches 80 million units
2009	・Launch of tiller, Pianta, powered by home-use butane gas canister ・Cumulative power products production reaches 90 million units
2010	・Launch of Enepo EU9iGB, a generator powered by home-use butane gas canisters ・Cumulative sales in Japan of the compact household gas engine cogeneration unit reached 100,000 units
2011	・Cumulative power products production reaches 100 million units

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Saving the Best for Last: KTM’s Factory Edition MX Bikes in Production!

December 16, 2011 – (Motor Sports Newswire) – KTM celebrates the outstanding 2011 Motocross season by presenting the official “Ready to Race” edition models of Tony Cairoli’s and Ken Roczen’s world championship-winning bikes. Out of the starting gate and just in time for Christmas are just 500 models each of the limited-edition factory versions of the 250 and 350 SX-F.

With almost the performance of a 450 combined with the agility of a 250 – the 350’s winning formula for success at the MX1 World Championship – is now available as a limited replica in the official KTM dealer showrooms. Antonio Cairoli’s second season with KTM to again reclaim his MX1 World Championship has facilitated the release of the KTM 350 SX-F, the second consecutive replica bike that honors the superb riding skills 26-year-old Italian. In his two seasons on the revolutionary bike this exceptional rider has registered no less than 23 race wins. The replica of his world champion machine is not only a logical consequence for the brand that is always “Ready to Race” but also a tribute to the MX1 Champion.

This equally applies to the reigning MX2 World Champion. KTM rookie Ken Roczen put in an unbelievable performance to discount his old rivals and match KTM’s experience in previous seasons. 19 race wins on the KTM 250 SX-F assured the 17-year-old star from Mattstedt, Germany his first world championship crown. Four consecutive world championship rider titles for KTM (Tyla Rattray 2008, Marvin Musquin 2009 and 2010 and Ken Roczen 2011) clearly indicate that nothing surpasses the 250 cc machine made in Austria. As with the Cairoli replica, just 500 fans und customers can benefit from this faithful replica of the 2011 ‘factory’ bike. Release of both of these models, which reflect the true “Ready to Race” spirit of the brand like no other KTM machine, begins now!

In detail: KTM 250 SX-F and KTM 350 SX-F Factory Edition

• - Exclusive Red Bull Factory graphics of both World Champions
• - Akrapovic Factory titanium exhaust manifold and silencer
• - Motor 250 SX-F with performance kit
• - Machined factory clutch cover
• - Orange central double-cradle tubular frame from 25CrMo4-Steel
• - Motor Protection from high-strength Aluminum
• - Black EXCEL-Wheels front and back
• - Front Brake Disc Protection
• - Factory Triple Clamps, orange anodized
• - Black Renthal handlebar 827 + Renthal Soft Grips
• - KTM Design Hand Guards
• - Factory Start System
• - Hour counter
• - SXS Seat
• - Stickers individually numbered between 1 and 500

More at www.ktm.com

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US Highland, Inc. Announces New Engineering and Production Facility

TULSA, OK – December 7, 2011 – (Motor Sports Newswire) – US Highland (UHLN) has announced today they have selected a new engineering and production facility in Tulsa, Oklahoma.

“Our new facility allows simultaneous production of powertrains and vehicles,” stated John R. Fitzpatrick, III, President & CEO. “This is an important element for launching our 2012 production plan,” Mr. Fitzpatrick continued.

This is a further indication of US Highland’s commitment to the Tulsa area and facilitates continued growth and expansion within a well-established manufacturing community. US Highland has recently expanded their workforce and additional hiring has already begun.

“I am impressed with the speed at which this management team is executing our strategic plan,” said Robert Harris, Chairman of US Highland. Mr. Harris went on to say, “The management team is aggressively addressing client needs and pursuing additional opportunities.”

About US Highland, Inc.

US Highland, Inc., is a US based designer and manufacturer of high performance, premium quality powertrains and motorcycles.

For additional information concerning US Highland visit www.ushighland.com.

Web Site: http://www.ushighland.com

Forward-looking Statement:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

SOURCE: US Highland, Inc.

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Honda to Install Programmed Fuel Injection System (PGM-FI) to All Motorcycle Models Produced in Indonesia by the End of 2013

JAKARTA, INDONESIA – November 23, 2011 – (Motor Sports Newswire) – Indonesia, November 23, 2011 – PT Astra Honda Motor (AHJ), the Honda motorcycle production and sales joint venture in Indonesia, declared that it would install its environmentally-responsible, electronically-controlled fuel injection system, PGM-FI* (Programmed Fuel Injection), to all motorcycle models produced in Indonesia by the end of 2013, getting ahead of the new exhaust gas emissions regulation scheduled to take effect in Indonesia in 2013.

PGM-FI uses electronic control to ensure that the optimal amount of fuel is consistently injected, contributing to make exhaust gas emissions cleaner while achieving both excellent, dynamic performance and fuel economy.

As the first step to install PGM-FI to all models, AHJ introduced PGM-FI-equipped versions of the Spacy Helm-In scooter and the Supra X 125 Helm-In cub-type model, both of which have been well received by many Indonesian customers for breaking through offering a built-in helmet storage space. Honda is accelerating the effort to reduce its environmental footprint by providing FI-equipped models at affordable prices to facilitate popularization of FI-equipped models.

Honda began motorcycle production in Indonesia in 1971, and the cumulative production volume reached the 30 million-unit milestone in March of this year. Industry-wide demandin the rapidly growing Indonesian market is forecasted to exceed 8 million units this year, setting a new all-time record. AHJ sales for 2011 is expected to be approximately 4.27 million units, which is approximately a 25% increase compared to 2010 sales of 3.42 million units. Honda will continue fulfilling the diversifying needs of customers by providing products beyond customer expectations with speed, affordability and low CO2 emissions. In addition, Honda will be more proactive in CSR (Corporate Social Responsibility) activities in Indonesia especially in the areas of traffic safety and environmental protection.

* PGM-FI (Programmed Fuel Injection System) is a Honda registered trademark

About PT Astra Honda Motor

Establishment:	December 2000
Start of production:	January 2001
Head office location:	Jakarta, Indonesia
Capital investment:	185 billion Rupiah (15.5 billion Japanese Yen, 1 Rupiah = 0.0084 JPY calculation)
Capitalization ratio:	50% Honda Motor Co., Ltd. 50% PT Astra International Tbk.
Representative:	Yusuke Hori, President
Business:	Sales and production of motorcycles and components
Production capacity:	4.2 million units annually (1st plant: 1.0 million, 2nd plant: 1.0 million, 3rd plant: 2.2 million units/year)
Employment:	Approximately 18,000 associates (as of the end of October 2011)
Products:	Supra X 125, Revo, Blade, Mega Pro, Tiger, Vario, Vario Techno, BeAT, CS1, Scoopy, Spacy Helm-In
Dealerships:	1,690 dealership locations (as of the end of October 2011)

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Post-March 28 Impact on Production after the Major Earthquake in Northeastern Japan

Situation of Operations in the Tochigi Area and Recruiting Activities

TOKYO, JAPAN – March 24, 2011 – (Motor Sports Newswire) – Following is the most current information regarding the impact of the major earthquake in Northeastern Japan on Honda’s operations.

<About the suspension of production>
Honda had previously announced the suspension of production through Sunday, March 27. Today, Honda made the decision to extend the suspension of the production of finished units of automobiles at Sayama Plant at Saitama Factory (Sayama, Saitama) and Suzuka Factory (Suzuka, Mie) through Sunday, April 3, 2011. Concerning operations from April 4 on, Honda will make decisions based on the status of the recovery of Japanese society as a whole as well as the supply of parts. We deeply regret any inconvenience we may be causing our customers. Honda will resume motorcycle and power product production at Kumamoto Factory (Ozu-machi, Kikuchi-gun, Kumamoto) on Monday, March 28.

<Recovery of operations in the Tochigi area where the impact of the earthquake was more severe>
At Tochigi Factory (Moka, Tochigi), the repair and inspection activities were completed for almost all facilities and equipment.

At other operations, including the Automobile R&D Center (Tochigi) of Honda R&D Co., Ltd. and Honda Engineering Co., Ltd., associates who will work on the restoration started returning to work. However, based on the expectation that it will take several months until the complete recovery of these facilities, Honda decided to temporally transfer some functions such as the automobile product development, development of manufacturing technologies and procurement to Honda operations in other locations such as Sayama, Suzuka, and Wako.

<Recruiting activities for the next year – associates who would join the company in April 2012>
On March 14, Honda announced that the testing/interviewing of applicants from the affected areas would be conducted in June or later even without their request so that people in the affected areas can focus on their daily life and recovery efforts. Today, considering the fact that the various issues are affecting people all over Japan, Honda decided to delay the entire recruiting process by about two months so that all of applicants can enter into the process without any concerns. Based on the changes in the situation, Honda will take additional measures as needed to reduce the burden on applicants as much as possible. More details will be posted on the recruiting section of the Honda website in April.

Honda is working toward the recovery with the utmost efforts, and appreciates the understanding shown by everyone during these challenging times.

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Harley-Davidson Production Operations to Remain in Wisconsin

Ratified New Labor Agreements Enable Production Flexibility and Efficiency for Long-Term Competitiveness

MILWAUKEE, WI – September 14, 2010 – (Motor Sports Newswire) – Harley-Davidson, Inc. (NYSE: HOG) announced today it will keep production operations in Wisconsin, following yesterday’s contract votes by the Company’s Wisconsin unionized employees.

The decision follows Monday’s ratification of three respective new seven-year labor agreements by employees represented by United Steelworkers (USW) Local 2-209 and International Association of Machinists and Aerospace Workers (IAM) Lodge 78, both in Milwaukee, and USW Local 460 in Tomahawk, Wis. The agreements take effect in April 2012 when the current contracts expire.

Harley-Davidson produces motorcycle powertrains (engines and transmissions) at its plant in Menomonee Falls near Milwaukee and motorcycle components such as saddlebags in Tomahawk.

“Change is never easy, and we have asked our employees to make difficult decisions. However, we are pleased to be keeping production operations in our hometown of Milwaukee and in Tomahawk,” said Keith Wandell, President and Chief Executive Officer. “Together, we are making the necessary changes across our entire company to succeed in a competitive, global marketplace while continuing to meet and exceed the expectations of our customers.”

A key component of Harley-Davidson’s restructuring is a standardized continuous-improvement production system across company facilities. That system focuses on greater flexibility for seasonal and other volume-related production changes, an enhanced ability to vary product mix in line with customer preferences including the customization of motorcycles at the factory, and greater production efficiency overall. The production system includes the addition of a “casual” workforce component – unionized employees who work as required, depending on seasonal needs and to provide coverage for vacations and other absences.

The decision to remain in Wisconsin concludes a two-path assessment that began earlier this year to determine whether the Company could achieve the needed changes for the Wisconsin operations to be competitive and if not, relocate those operations.

All three of the new Wisconsin labor agreements contain essentially identical provisions except for variances in wage rates and incentives related to contract ratification. All provide a very competitive compensation package while enabling the flexibility and efficiency needed for the Company to be cost-competitive. The agreements also move full-time hourly employees to the same health benefits plan that salaried employees have and maintain a non-contributory defined benefit pension plan at current benefit levels funded entirely by the Company.

Based on the new ratified labor agreements, the Company expects to have about 700 full-time hourly unionized employees in its Milwaukee-area facilities when the contracts are implemented in 2012, about 250 fewer than would be required under the existing contract. In Tomahawk, the Company expects to have a full-time hourly unionized workforce of about 200 when the contract is implemented, about 75 fewer than would be required under the current contract. The Company also expects its Wisconsin production workforce to include 150 to 250 casual employees on an annualized basis to cover seasonal volume spikes, vacations and other absences as the new labor agreements are implemented.

The new contracts are expected to generate about $50 million in annual operating savings in 2013, the first full year of the agreements. The Company expects to incur approximately $85 million in additional restructuring charges related to the new contracts through 2012, of which about $55 million will be cash charges.

When fully implemented, the Company expects previously announced restructuring activities, together with the implementation of the new contracts at the Wisconsin operations, to result in one-time charges of $515 million to $545 million, and annual ongoing savings of $290 million to $310 million. In 2010 on a combined basis, Harley-Davidson expects to incur restructuring charges of $225 million to $245 million and to generate related savings of approximately $135 million to $155 million.

A brief summary of this financial information is available online in the Company/Investor Relations/Events and Presentations area on harley-davidson.com. Visit http://investor.harley-davidson.com/Events.cfm and click on the event titled “Harley-Davidson Production Operations to Remain in Wisconsin” dated Sept. 14, 2010.

Company Background

Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company, Harley-Davidson Financial Services and Buell Motorcycle Company.

Forward-Looking Statements

Harley-Davidson, Inc. intends that certain matters discussed in this release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Harley “believes,” “anticipates,” “expects,” “plans,” or “estimates” or words of similar meaning. Similarly, statements that describe future plans, objectives, outlooks, targets, guidance or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this release. Certain risks and uncertainties are described below. Shareholders, potential investors, and other readers are urged to consider these factors in evaluating the forward-looking statements and cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are only made as of the date of this release, and Harley-Davidson, Inc. disclaims any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

The Company’s ability to meet the expectations noted depends upon, among other factors, the Company’s ability to effectively implement its labor agreements and execute the Company’s restructuring plans within expected costs and timing. In addition, the risks and uncertainties include the factors detailed in the Company’s Securities and Exchange Commission filings.

SOURCE: Harley-Davidson, Inc.

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