Monday, December 11, 2017
Business

Indian Motorcycles plans dealership in Land O'Lakes

LAND O'LAKES — A motorcycle company that once was Harley-Davidson's biggest rival is planning to build its first dealership in the Tampa Bay area.

Indian Motorcycles plans to construct a 10,000-square-foot dealership at 21010 State Road 54, just east of Keystone Community Church. The parcel is currently being split, according to county records, and the developers expect to have 2.4 usable acres for the dealership.

Dealer representatives met Monday with county officials.

The Indian Motorcycle brand has a rich history in the United States. Founded in 1901, it was the first motorcycle manufactured in America.

According to Popular Mechanics, the bikes went on to win major international races, and by the 1910s the company was the largest motorcycle manufacturer in the world.

In 1914 Indian introduced the first electric starter. It offered its first four-cylinder bike in 1927, a move that made it competitive with Harley-Davidson.

By 1953, the company filed for bankruptcy. Rights to the Indian name switched to different companies as sales continued to slump.

About three years ago, Minnesota-based Polaris Industries, a maker of snowmobiles and off-road vehicles, bought the brand and vowed to resurrect it. The company, which also makes Victory motorcycles, introduced three models, the Chief Vintage, Chief Classic and Chieftain.

Polaris also cut prices. An Indian bike under the old ownership sold for as high as $36,000, while the new bikes range from $18,000 to $23,000. That's comparable to Harley's cruise line.

Company representatives refused to comment on the proposed Tampa Bay expansion.

Polaris' 2013 annual report showed sales increasing 18 percent from 2012, net income from continuing operations growing 22 percent, earnings per share increasing 23 percent and operating cash flow reaching nearly $500 million. The company operates four dealerships in Florida. The closest is in Lakeland. The others are in Ocala, Pompano Beach and Miami.

Comments
Outback Steakhouse co-founder Chris Sullivan steps off Bloomin’ Brands’ board

Outback Steakhouse co-founder Chris Sullivan steps off Bloomin’ Brands’ board

Chris Sullivan, co-founder of Outback Steakhouse, resigned from the board of the restaurant chain’s parent company last Wednesday, according to a Monday filing with the Securities and Exchange Commission. The document, filed by Tampa-based Bloomin’ B...
Updated: 4 hours ago
Tampa Hillsborough Expressway Authority plays beat the clock on GOP tax bill

Tampa Hillsborough Expressway Authority plays beat the clock on GOP tax bill

TAMPA — With the Republican tax bill poised to eliminate the opportunity, the Tampa Hillsborough Expressway Authority on Monday said it had refinanced a big chunk of its debt to save money in the future.The authority borrowed $152 million from the bo...
Updated: 6 hours ago
JW Marriott Clearwater Beach project still on target despite some bumps

JW Marriott Clearwater Beach project still on target despite some bumps

CLEARWATER BEACH — While Tampa is excited about its first JW Marriott hotel, plans are moving ahead for a $130 million JW Marriott property on Clearwater Beach, despite some hiccups. "We’ve done really well in our opinion," Uday Lele, developer of t...
Updated: 7 hours ago
HSBC says U.S. will dismiss criminal charges against it

HSBC says U.S. will dismiss criminal charges against it

HSBC said Monday that U.S. authorities were preparing to dismiss criminal charges against the bank, five years after it reached an agreement to avoid prosecution related to lapses in its money-laundering controls.In 2012, the bank, one of the world’s...
Updated: 8 hours ago
Major auto manufacturer offers longer hours, incentives to fix airbags

Major auto manufacturer offers longer hours, incentives to fix airbags

TAMPA — With nearly 200,000 people around Tampa Bay still driving around with defective airbags that could kill them, a major automaker is trying to dramatically cut that number down this week.Fiat Chrystler Automobiles U.S. has launched Airbag Recal...
Updated: 9 hours ago
This 6-year-old kid made $11 million in one year reviewing toys on You Tube

This 6-year-old kid made $11 million in one year reviewing toys on You Tube

When most people think back on the child celebrities of their time, they likely think of child movie actors, the well-trained stars of showbiz. For some, these were stars like Mary Kate and Ashley Olson, or Macaulay Carson Culkin from "Home Alone." F...
Updated: 10 hours ago
Ticket-fighting firm hires former Florida Bar president to sue the Bar

Ticket-fighting firm hires former Florida Bar president to sue the Bar

Times Staff WriterWell, this is awkward. A company that is suing the Florida Bar has hired a former Bar president to represent it. Ramon Abadin has joined the legal team of TIKD, a company that expedites the process of fighting traffic tickets in Pin...
Published: 12/11/17
A longer wait: Some now try nearly 3 years to get disability insurance

A longer wait: Some now try nearly 3 years to get disability insurance

By the time Teralyn Fleming could finally plead her case to get federal disability insurance, she had been waiting two years and three months. The wait was not a peaceful one — a blood clotting disorder pushed her out of the workforce in 2015 so she ...
Updated: 6 hours ago
Tampa: Hundreds protest Trump’s decision on Jerusalem

Tampa: Hundreds protest Trump’s decision on Jerusalem

TAMPA — Hundreds rallied near the University of South Florida on Friday night to protest President Donald Trump’s recent declaration that the United States will recognize the divided city of Jerusalem as the capital of Israel.The protest was organize...
Published: 12/08/17
Updated: 12/09/17

Duke outage leaves 7,700 without power near Pinellas Park

PINELLAS PARK — Up to 7,700 customers across Pinellas Park, Lealman and Kenneth City lost power in a Thursday night outage, according to Duke Energy.The outage impacted a cloverleaf-shaped area of customers, with pedals extending in the cardinal dire...
Published: 12/08/17