Harley-Davidson  (HOG) 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. 

Over on Real Money Jim Cramer give advice to investors looking at how to play the Trump Trade. Get his insights or analysis with a free trial subscription to Real Money.

More from Stocks

General Electric's Stock Isn't Cheap Enough Despite Being Near Record Lows

General Electric's Stock Isn't Cheap Enough Despite Being Near Record Lows

Elon Musk Has Lost It and Must Consider Bringing In Facebook's Sheryl Sandberg

Elon Musk Has Lost It and Must Consider Bringing In Facebook's Sheryl Sandberg

Stocks Destined for a Plunge so Don't Let Thursday's Epic Dow Rally Fool You

Stocks Destined for a Plunge so Don't Let Thursday's Epic Dow Rally Fool You

Jim Cramer on How Companies Benefit From Helping Stakeholders

Jim Cramer on How Companies Benefit From Helping Stakeholders

Jim Cramer Breaks Down the Dramatic Changes Happening at Walmart

Jim Cramer Breaks Down the Dramatic Changes Happening at Walmart