Lehman Trikes Scales Down

is cutting more than half its Westlock staff and losing its CEO as it moves the metal fabrication and engineering department to the Spearfish, South Dakota facility. "Since opening our assembly plant in Spearfish the expense and logistics of shipping our metal fabrication have risen to the point that we no longer can justify the expense of keeping this activity in Westlock," Chairman Les Brown said. About 25 workers will be laid off by Aug. 31. CEO Larry Strilchuk will retire as soon as a replacement is found. He will remain a director and consultant with the company. with more than 100 employees between the two locations, makes trikes and conversion kits based on Harley-Davidson, Honda, Suzuki and Victory models.

3 Responses to “Lehman Trikes Scales Down”

  1. 1 Bret Smith Apr 28th, 2007 at 3:22 pm

    Things not getting better in the motorcycle world. But it will improve. In 08?

  2. 2 May 2nd, 2007 at 10:44 am

    Kind of saw this coming. When Lehman joined with Harley the shops like us that had signed on as dealers for Lehman were left out in the cold. No real info from Lehman as to what will happen to us in the next few years although I suspect Harley will take Lehman over like they did Buell since the trike market is large and getting larger – lots of money to be made. Harley will let Lehman squirm until the price is right. Then all of us indies will really be out in the cold. The contract requirements from Lehman are geared more towards a full blown motorcycle dealer – read that Harley dealer – anyway.
    Lehman trikes are, IMHO, the best out there (I own 2 and have riden many of the other brands) but they are also the most expensive and many potential buyers have been going to other makes. When the Lehman becomes a factory branded bike the buyers will see them as Harleys and price will not be as much of an issue. Harley has the capital and production abilities to lower manufacturing costs as well as the advertizing.

  3. 3 Bryan May 2nd, 2007 at 11:10 am

    Hazy, very good anaysis and I agree. Harley will take over Lehman very soon. I am sure it is their strategy. An alliance first, then let’s buy them on the cheap.

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