Industry News

Photo by Adam Kachman

PORTLAND, Ore. (BRAIN) — Wheel brand HiFi, Ritte Cycles, and bike shop TriTech Bikes are working with BIKEPOC PNW to offer a series of cyclocross clinics and create a lending library of cyclocross/gravel bikes. 

Tagged DEI and Sustainability

ST. PAUL, Minn. (BRAIN) — The application period opened Monday for Park Tool 2022 Community Tool Grants. The period remains open until Dec. 31.  

Now in its seventh year, the Park Tool Community Tool Grant has so far donated over $90,000 worth of tools to organizations throughout the world.

WESTPORT, Conn. (BRAIN) — Compass Diversified, the owner of BOA and Lizard Skins as well as a variety of other middle-market businesses, reported net sales of $488 million in its fiscal third quarter, up from $388 million in the same period last year.

Tagged Mergers, Acquisitions & Investments
Event is March 21-23 in Dana Point, California.

BOULDER, Colo. (BRAIN) — PeopleForBikes' virtual Bicycle Leadership Conference opens Tuesday. The organization also has announced some details of a in-real-life Bicycle Leadership Conference, the first since 2019, which is planned for March 21-23, 2022 in Dana Point, California. 

Tagged Bicycle Leadership Conference

CITY OF INDUSTRY, Calif. (BRAIN) — JW Zhang, who founded e-bike brand Aventon eight years ago, said the company's next step is to open a "highly automated" e-bike factory in the U.S.

Tagged Electric bike
Jeanette Willem

NORTHVALE, N.J. (BRAIN) — Funeral services for Jamis Bicycles employee Jeanette Willem will be Monday at Vander Plaat Caggiano Funeral Home from 4-8 p.m. in Fair Lawn, New Jersey.

The Vvolt Proxima.

PORTLAND, Ore. (BRAIN) — VVolt, a new e-bike brand that launched earlier this year has added outdoor retailer Moosejaw as a multichannel partner.

Tagged Electric bike
A page from the Mongoose 1983 catalog.

(BRAIN) — Old School BMXers remain hungry for a piece of their childhood.

WASHINGTON (BRAIN) — President Joe Biden released a revamped climate-change plan Thursday as part of his Build Back Better Act that includes restoring the originally proposed e-bike tax credit percentage while keeping the bicycle commuter benefit unchanged.

Tagged Electric bike

NORTHVALE, N.J. (BRAIN) — Police investigators say Christian Giron used a hand-held sledgehammer to kill his Jamis Bicycles co-worker Jeanette Willem at the brand's headquarte

Company plans investments in U.S. and European manufacturing.

SEATTLE (BRAIN) — Existing investors are pumping another $154 million into Rad Power Bikes, following a $150 million investment announced in February.

Tagged Electric bike / Mergers, Acquisitions & Investments

STOCKHOLM (BRAIN) — Bike helmets continue to lead MIPS' revenue surge during the bike boom with third-quarter net sales increasing 81% year-over-year.

Tagged Earnings/Financial Reports
Christian Giron in a police photo.

NORTHVALE, N.J. (BRAIN) — A 24-year-old warehouse worker has been arrested on charges of murder, weapon possession, and hindering his own arrest in connection to the death of fellow 

Tagged Lawsuits/legal

NORTHVALE, N.J. (BRAIN) — Prosecutors say a suspect is in custody and a homicide investigation is underway after a body was found at the Jamis/G. Joannou Cycle headquarters here.

OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products.

Tagged Earnings/Financial Reports

Shimano said it increased production during the period and that its new 12-speed Dura-Ace and Ultegra groups "were enormously well-received by customers."

Tagged Earnings/Financial Reports

WILTON, Conn. (BRAIN) — Dorel Sports General Manager Nick Hage said plans to bring Cannondale assembly back to the U.S. actually began a couple of years ago, and with supply-chain constraints currently hampering the industry, the timing of the announcement couldn't be better.

RINCON, Ga. (BRAIN) — In a move to ease supply chain constraints, Cycling Sports Group is opening a bike assembly facility in this community outside Savannah. 

Lizard Skins Chocolate Brown DSP Bar Tape V2.

BATON ROUGE, La. (BRAIN) — Baseball and softball equipment manufacturer Marucci Sports announced Monday it has acquired Lizard Skins. Terms were not disclosed.

Tagged Mergers, Acquisitions & Investments
The driver tells the court he takes responsibility. Bernstein says punishment doesn't fit the crime.
Grattan is led away after his sentencing. Matthew Jonas/Pool/Boulder Daily Camera

BOULDER, Colo. (BRAIN) — The driver who struck industry communications professional Andrew Bernstein in 2019 pleaded guilty to reduced charges on Friday and was sentenced to two years in prison. 

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