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Harley-Davidson to shut down wheel ops in Australia

Milwaukee-based motorcycle maker Harley-Davidson Inc. said it is closing its wheel operations in Adelaide, Australia, as part of its multiyear manufacturing optimization initiative, according to an amended regulatory filing dated Feb. 20.

As with the original filing dated Jan. 30, the company said it will consolidate its motorcycle assembly plant in Kansas City, Mo., into its plant in York, Pa., in a bid to improve manufacturing operations and cost structure.

Further, the plan includes expected restructuring and other consolidation costs of $170 million to $200 million through 2019, with major cost components to include staff terminations, accelerated depreciation, other project implementation activities and temporary inefficiencies.

Meanwhile, Harley-Davidson said it expects to invest about $15 million in capital and forecasts ongoing annual cash savings of $65 million to $75 million after 2020.