The CEO of Harley-Davidson says the closure of its plant in Kansas City, Missouri and the loss of 260 jobs, was due in part to President Trump’s decision to abandon the Trans-Pacific Partnership.
Matt Levatich told Bloomberg News the departure from the Trans-Pacific Partnership compelled him to go to ‘Plan B’ – to build a factory in Thailand.
— Bloomberg (@business) April 24, 2018
Levatich said the U.S. pullout from the TPP left the manufacturer without a clear path to lucrative Asian markets.
The Thai plant is said to allow for more competitive pricing and would enable Harley to build up its supply chain.
Sales of Harleys have lagged in the U.S. in recent years.