Harley-Davidson has announced a $15-million expansion investment at its plant in Rayong, Thailand. The investment will allow the plant to serve demand in Europe and avoid EU tariffs on U.S. imports. Most of the components being assembled in Thailand are still manufactured in the United States. The Thailand plant also serves growing demand in Asia.
Performance Team recently opened a new 540,000-sq.-ft. distribution center in Carteret, New Jersey. The new facility will add capacity for a growing retail customer and supplement operations in Edison, New Jersey (just to the southwest), and Long Island, New York. Performance Team serves customers in the retail, fashion and automotive sectors, and offers a full suite of e-commerce, retail, wholesale and omni-channel distribution and transportation services.
Revolution’s Rise of the Rest (ROTR) seed fund — led by Steve Case and “Hillbilly Elegy” author J.D. Vance to highlight where promising innovation is taking place outside the usual coastal venture capitals — last week announced its latest tour this coming spring will visit multiple metro areas in Florida and Puerto Rico. Past bus trips have showcased and funded startups in areas of the Midwest and Mid-South, including a stop in Birmingham, Alabama, last summer. The top 10 cities ROTR and Forbes highlighted in October as rising startup hubs were led by Columbus, Ohio; St. Louis, Missouri; and Atlanta, Georgia.
Photo courtesy of Revolution/Rise of the Rest
PHOTO OF THE DAY
Site Selection Editor in Chief Mark Arend made this photo last month of the sun coming up over Xuanwu Lake in Nanjing, Jiangsu Province, China. The 472-hectare (1,166-acre) lake at the foot of Purple Mountain, which got its name because legend says a black dragon lives beneath its surface, is part of a popular urban park. It is the largest Imperial lake garden in China’s history, dating to before 221 B.C., when Qin Shi Huang declared himself China’s first emperor.
