CHICAGO, Jan 23 (Reuters) - Harley-Davidson Inc (HOG.N) said on Friday that restructuring its operations to cut costs would cost it between $110 million and $140 million over the next two years.
During a conference call with analysts and investors to discuss the company's latest earnings, executives said they expected 75 percent of those restructuring costs would result in cash charges against earnings.
Harley said that most of the charges -- between $80 million and $100 million -- would be taken in 2009.
Earlier in the day, Harley reported a sharper-than-expected drop in fourth-quarter earnings and said it was taking several actions to cut costs, including plant closures that would result in the firing of 1,100 workers, or about 12 percent of its total workforce. (Reporting by James Kelleher, editing by Gerald E. McCormick)