Buell linked to takeover bid

American businessmen to meet with Erik Buell with view to keeping production alive

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Visordown News's picture
Submitted by Visordown News on Mon, 19/10/2009 - 11:42

A GROUP OF American businessmen are looking to take over the Buell name and keep motorcycle production going, following Harley-Davidson's shock announcement last week that the company is to be axed.

The Walworth County Economic Development Alliance has formed a team of officials from the Village of East Troy, Walworth County Board and East Troy Chamber of Commerce, according to an economic development alliance news release.

The company's factory and HQ is currently based at East Troy, Wisconsin. It's reported the takeover bid would see production kept at the plant, which employs around 170 people.

Reports say, the team is planning to meet with company founder Erik Buell with a view to saving the defunct business.

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