Posts Tagged ‘Personal Watercraft’

SBA Details New Alternative Loan Criteria

May 4, 2009

Average  After Tax Income Less Than $3 Million? You May Qualify

Two Methods To Figure Eligibility Now Available

The Small Business Administration today clarified its new guidelines for loan guarantees as they apply to small business such as powersports dealers and manufacturers. The alternate company size standards announced May 1, 2009, apply to motorcycle, ATV, and personal watercraft firms. This updates an earlier post  here with additional information.

The SBA has created a second, more liberal, alternate standard for small businesses that couldn’t qualify for an SBA-backed loan under the original standard.

These are not NEW standards, an SBA spokesman told me, they’re alternative standards designed to expand the program to smaller businesses that have been seriously affected by the current economic downturn.

(more…)

Honda Plans Halt to ATV, PWC Production in S.C.

January 13, 2009

Honda of South Carolina Mfg., Inc. plans to cease production of all-terrain vehicles (ATVs) and personal watercraft (PWC) for three months beginning in March.

Click here to learn why.

Honda Motor Co. Ltd. ends its business year March 31. In 2007, Honda’s sales of ATVs in North America decreased 4.5 percent to 211,000 units.

In 2003, South Carolina Governor Mark Sanford helped Honda of South Carolina Mfg. dedicate its new personal watercraft assembly plant in Timmonsville, S.C. The plant became Honda's second in Timmonsville and 12th in North America.

In 2003, South Carolina Governor Mark Sanford helped Honda of South Carolina Mfg. dedicate its new personal watercraft assembly plant in Timmonsville, S.C. The plant became Honda's second in Timmonsville and 12th in North America.

Kawasaki – Made in the USA

January 6, 2009

Kawasaki operates six businesses in the United States, two of which pertain to consumer products:kmm1 Kawasaki Motor Corp USA (KMC), the sales unit, and Kawasaki Motors Manufacturing Corp. USA (KMM), the production unit.

KMM, a sister company and supplier to Irvine, Calif.-based KMC, has operations in Lincoln, Neb., and Maryville, Mo. KMM builds all of Kawasaki’s ATVs, Jet Ski personal watercraft and Mule utility vehicles.

Here’s what I learned during a visit to the Lincoln site.

Kawasaki became the first foreign vehicle manufacturer to enter the U.S. The consumer products manufacturing facility in Lincoln, located on 335 acres, opened in 1974 as a 286,000 sq. ft. plant.
At the time, the company was producing motorcycle and personal watercraft stateside, cranking out about 50,000 units annually during those first few years.

pwctops21 pwchullprep3 pwcengineplacement

Today, an estimated 1,000 workers produce about 120,000 vehicles each year at the nearly 1.3 million sq. ft. facility. Production operations include fiberglass molding, fabrication, welding, rim forming, painting and assembly. The site also produces wheels sold to BRP, Honda, Polaris and Suzuki.

welding atv_engines atvframe

Bruce Spilker, a KMM production supervisor, says the three ATV assembly lines in Lincoln produce about 100 units daily while the personal watercraft assembly line kicks out about 120 boats per day. Each production line is capable of mixed model production. Production schedules come monthly from KMC. A recently completed fourth assembly line, formerly dedicated to motorcycle assembly, produces Mule utility vehicles.

atvchassis bodyplacement wheelattachment

KMM’s Maryville plant opened in 1989 for production of general-purpose engines. Employing more than 600 workers, the facility has grown to more than 700,000 sq. ft. on 113.7 acres and produces about 500,000 units annually. Workers complete die-casting, injection molding, machining, painting and assembly.

atvfinished testing2 finishedproduct1

Both the Lincoln and Maryville plants operate on a “just in time” supply method, which eliminates massive amounts of warehousing and over-ordering of parts.

Click here to learn more about powersports manufacturers’ operations in the U.S.