After the founding partners of brand new motorcycle maker US Highland were killed in a plane crash, the company struggled to get back on its feet with an interim COO but things haven’t gone so well. The plant was recently idled and Southbridge Advisory Group is looking for financing to continue operations. Not good but not unexpected.
Negotiations are in final stages for the funding,” and manufacturing will resume after a deal is closed, company representative Ron Brewer said Wednesday in an e-mailed statement.
Upon completing funding, US Highland will commence full operations in Tulsa (Mounds) again for the manufacturing and sale of their new product lines launching in 2011,” said Brewer, managing director for Southbridge Advisory Group.
It would be a boost for everyone if this works out.
Link: Tulsa World