Industry News
NORCROSS, GA (BRAIN)—Blue competition Cycles has hired four new outside sales reps to help promote the growing brand. With a strong ad campaign helping fuel increasing interest in the line, the need to have better representation in key territories has been a major focus over the past 12 months.
OOLTEWAH, TN (BRAIN)—American Bicycle Group has laid off 25 percent of its Tennessee manufacturing workforce along with vice president of sales Steve Boyd.
Other employees were let go as well including independent sales reps. The company employs roughly 100 people.
LAGUNA NIGUEL, CA (BRAIN)—Lifeboat Solutions is hosting Press Camp June 23-25, 2009, in Sun Valley, Idaho, providing a venue where bike companies can present their products to a captive audience of top journalists from throughout the country.
EL SEGUNDO, CA (BRAIN)—ACT Lab LLC, an independent testing facility for the bicycle industry, recently received the accreditation necessary to serve as a third-party lab for tests required by the Consumer Product Safety Information Act.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike will add two consumer days to Outdoor Demo East this year in response to suggestions from exhibitors at last October’s inaugural event.
MONTEREY, CA (BRAIN)—The Sea Otter Classic will host one of the most important races on the U.S. mountain biking calendar this year.
CHICAGO, IL (BRAIN)—The SRAM Cycling Fund will make a $200,000 donation this year to the Bikes Belong Coalition to develop an unprecedented broad-based political network of Americans who ride bikes and support government investment in bicycle facilities.
LAGUNA HILLS, CA (BRAIN)—Zipp recently launched an online tool that allows riders to customize their wheels right down to the color of each individual letter in the decal.
“They’ve probably been sold for a $10 rock of crack.”
—Peter Wicker, owner of Outback Bikes, a cycle dealer in the Atlanta area, who gave Jimmy Carter and his wife, Rosalynn, Specialized bikes in November 2007. The Carters bikes were stolen earlier this month from the Carter Center in Atlanta.
NEW YORK, NY (BRIAN)—The New York Times asks: will all the bicyclists who appeared at retailers last summer be back this summer?
Click on link for full story.
SAN DIEGO, CA (BRAIN)—Fallbrook Technologies Inc. (Fallbrook), a pioneering technology company dedicated to improving the performance and flexibility of transmissions for engine and human powered devices, has completed the first close of a $25.4 million financing round.
WASHINGTON, D.C. (BRAIN)—The Outdoor Foundation has released of the 2008 Outdoor Recreation Participation Report, the only detailed study of its kind tracking American participation trends in outdoor recreation.
"She may not look like much, but she's got it where it counts, kid. I've made a lot of special modifications myself."
—Han Solo
SAN CARLOS, CA (BRAIN)—Ritchey Design is now working with Plus 3 Network, a beta social networking Web site, to increase awareness and fundraising efforts for the nonprofit organization, Project Rwanda.
LA HABRA, CA (BRAIN)—Kool-Stop has appointed Colmax International to handle OEM sales for the company in Taiwan and mainland China.
Colmax has been Kool-Stop's aftermarket distributor in Taiwan for many years.
SUN VALLEY, ID (BRAIN)—Scott USA has added Lars-Erik Johnson to its U.S. bicycle group. He will join the bike marketing department and assist in communications, Web projects and coordinating media samples.
EUGENE, OR (BRAIN)—Burley chief executive officer Michael Coughlin says he erred by deciding to sell the company’s 2008 overstock through Costco and Costco.com.
SAN JOSE, CA (BRAIN)—Former employees at Specialized can be found at hundreds of suppliers and retail stores throughout the world. And tonight many of them can found at the Dive Bar in San Jose.
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