State offers $25 million in tax incentives to Harley
|
Harley-Davidson Inc. (HOG) will get $25 million in state tax credits for keeping its factories in Wisconsin, the Department of Commerce said Friday.
The incentives are aimed at preserving more than 1,000 blue-collar jobs in the Milwaukee area and Tomahawk. They come four days after Harley employees ratified seven-year labor agreements laden with concessions but meant to keep production work in Wisconsin.
Harley had threatened to pull production out of the state if it could not get favorable labor contracts.
Other states lobbied to get the company's factories, offering generous incentives and lower labor costs.
Extortion.
No comments:
Post a Comment