" In 2017 we are investing in some significant changes and additions to the TR staff , in inventory management and industrial engineering , in business and sales analytics and in warranty and returns administration ,"
“ we are forecasting flat for 2017 ... but we have momentum ”
is nothing new . MAG had debt and the prior owners [ Leonard Green & Partners of Los Angeles ] still have a significant stake in the combined business , but their risk has now been spread across all of MAG , as is that of all the lenders . “ It is no secret that the market , especially in the second half of 2016 , has been
" In 2017 we are investing in some significant changes and additions to the TR staff , in inventory management and industrial engineering , in business and sales analytics and in warranty and returns administration ,"
Eric Cagle , President , Tucker Rocky & Biker ' s Choice
challenging , and like any business we dealt with those challenges . We are realistic and understand that market conditions will remain uncertain , so we are only forecasting that we will be broadly flat in 2017 , and we are geared accordingly . “ The rumors that have been circulating about our financial status are largely unfounded . We have very strong cash flow generating capabilities . We had strong cash flow in 2016 , and we expect the same in 2017 . We don ’ t have any operating constraints based on our financial structure . “ The debt is largely term debt . The strength of our owners means we have favorable interest rates and the debt terms are out to 2021 and 2022 . We have the earnings power to service our quarterly interest payments , and there are no balloon payments . At this point the focus remains on performance , and like any business , if we get that right , then we will have options when the debt reaches maturity . As to what they may look like come the time , and how we may choose to act when the time comes , well we can ’ t know that at this stage . We just have to continue to focus on the day job so we can make sure the options are good ones ; and at this time it looks they will be . “ It has been a tougher market for sure , but I have confidence that we can build significant value in the next two or more years .” Asked to elaborate on the synergies and benefits he thinks the merger has brought , Graves is adamant that what is being achieved will be a game changer for the long-term health and viability of the market , as well as for the three businesses concerned . “ There is now a platform that wasn ’ t there two years ago , and as that stabilizes it will bring two distinct and equally important benefits . “ We needed to expand and strengthen Tucker Rocky in the V-twin market , and in
Rivera Primo : Michael Pocevicius and Maritza Rodriguez - recent new products include their Brute III Extreme enclosed belt for high horsepower street or competition applications requiring above average strength and reliability . Primo say that the 11mm 1-3 / 4 ” Kevlar poly chain super belt is extremely durable and designed expressly to live with the extreme shock loads generated by large displacement , highly modified American V-twins – they rate the Brute III as a 150 + hp design , which comes complete with their Pro-Clutch assembly ; www . riveraprimoinc . com
National Cycle : Paul Gomez , left , with Peter Bernacchi . Recent new products from the Maywood , Illinois manufacturer include their new ' Mohawk ', an update to their famous fork mounted flyscreen that features a taller , wider size with a special ' V ' profile for added wind management - made from thick 4.5mm dark tint , hard coated polycarbonate for durability with smooth radius edges and sharp optical quality ; www . nationalcycle . com
Cardo Systems : One of the world ’ s leading manufacturers of rider communications systems , the company never seems to stop innovating . Jamie Cheek , their North American VP Sales , told AMD that their new Scala Rider ‘ DMC ’ ( Dynamic Mesh Communication ) technology “ allows for full intercom conferencing from two to 15 riders at a range of up to five miles , with parallel audio streaming allowing riders to listen to music or GPS instructions during their conversations . Our Packtalk / Smartpack entertainment system allows for full uninterrupted intercom communications from two to 15 riders . We are proud to provide the only products in the industry that have the DMC technology ”; www . cardosystems . com www . AMDchampionship . com AMERICAN MOTORCYCLE DEALER - APRIL 2017 23