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WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States , Canada , South America , Europe , Asia , and Australia .
It was founded in 1983 by ex-Harley-Davidson engineer Erik Buell. [1] Harley-Davidson acquired 49 percent of Buell in 1993, and Buell became a wholly owned subsidiary of Harley-Davidson by 2003. [2] On November 17, 2006, Buell announced that it had produced and shipped its 100,000th motorcycle. [3]
An undisclosed number of samples of engines failed, until an engine successfully passed the 500-hour nonstop run. This was the benchmark for the engineers to approve the start of production for the Revolution engine, which was documented in the Discovery channel special Harley-Davidson: Birth of the V-Rod, October 14, 2001. [134]
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The custom Harley-Davidson served as the prototype ARCH motorcycle which eventually evolved into the company's first production model; the KRGT-1. The KRGT-1 launched in September 2014 and was designed and built using the lessons learned from the initial customization of Reeves' Harley-Davidson and Hollinger's extensive experience in commercial ...
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Along with 12 others Harley-Davidson executives, Bleustein helped lead an $81.5 million leveraged buyout of the company in 1981. [ 1 ] [ 2 ] [ 8 ] He was promoted to senior vice president in 1988, [ 1 ] executive vice president in 1990, [ 1 ] president and Chief operating officer in 1993 [ 1 ] and chief executive officer in 1997. [ 1 ]
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