Harley-Davidson Is Building a Factory in Thailand

The Thai factory will allow the company to better serve its international customers.

Author:: Tony Owusu
Publish date:: May 23, 2017 4:00 PM EDT

Harley-Davidson (HOG) - Get Report is building a factory in Thailand as the company looks to better serve its international customers, the motorcycle maker announced Tuesday.

The Milwaukee-based company said that this new factory will not affect its U.S. operations.

"Asia Pacific is a growth market for Harley-Davidson because of its expanding economy, growing middle class, positive consumer spending trends and increasing market demand for larger motorcycle sales," a spokesman for the company said, according to Fox News.

Harley-Davidson shares were up 0.5% in afternoon trading Tuesday.

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