Industry News

"Cause out on the edge of darkness,
there rides a peace train
Oh peace train take this country,
come take me home again..."

—Cat Stevens, who e-mailed BRAIN yesterday after reading about Portland's road rage incident.

BRUSSELS, Belgium (BRAIN) — Tenneco Inc. has entered into a preliminary agreement to purchase the suspension business of Gruppo Marzocchi, an Italian-based worldwide leader in supplying suspension technology in the two-wheeler market.

Tagged Mergers, Acquisitions & Investments

VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel, a division of Dorel Industries, has hired Scott Parr as vice president of sales for North America.

NEWBURY PARK, CA (BRAIN)—Two Giant Bicycle dealers are to be featured in a news story for the "CBS Evening News with Katie Couric" tonight.

Broadcast news schedules are subject to change and the story may get moved to another date, depending on coverage of breaking news events.

Tagged Media/Publishing

LAGUNA HILLS, CA (BRAIN)—After it went live last month, cycling enthusiasts are flocking to Cyclist Village, a social-networking platform that connects all things cycling on a global scale.

Tagged Web/Internet

PORTLAND, OR (BRAIN)—Wheels4Life, the charity started by mountain biking legend Hans Rey, has joined forces with Phil Sundbaum and the Summer Of Shred.

Tagged Advocacy/Non-profits

This road rage incident has to be read to be believed. Oddly enough, it just so happened to take place in bicycle friendly Portland, Oregon.

REDMOND, WA (BRAIN)—Microsoft has formed a partnership with media company Rodale to deliver targeted advertising across Rodale's portfolio of health and fitness properties.

Tagged Media/Publishing

GREENVILLE, SC (BRAIN)—Hincapie Sportswear has hired Nikole Rock as its new director of design and development.

Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line.

MONTREAL, Quebec (BRAIN)—ExpoCycle, one of the top ranked tradeshows in Canada, is hoping for another big turnout this September.

ExpoCycle, with 90,000 square feet of space, features more than 800 cycling brands.

Tagged Tradeshows and conferences

The man behind Bikebiz, Carlton Reid, has a new book out entitled "The Bike to Work Book."

MIAMI, FL (BRAIN)—Just recently 10 new AfricaBikes were spotted around Miami, Florida, donated to the city's Ronald McDonald House.

Tagged Advocacy/Non-profits

DOWNIEVILLE, CA (BRAIN)—The 13th annual Downieville Classic kicks off today with four World Championship titles up for grabs.

Tagged Events

COLOGNE, Germany (BRAIN)—Germany’s largest retailer co-op is putting on an unprecedented expo of its own this month, showcasing its house brands and getting a head start not only on the big fall trade expositions but on mainline brands’ dealer shows.

Tagged Media/Publishing

Studies show that cycling an hour a day can decrease mortality risk by 35 percent, while biking half that much still cuts your risk of heart disease and stroke by half, reports NBC's Savannah Guthrie.

Click on link to see full video clip.

ENSCHEDE, Netherlands (BRAIN)—Amtel-Vredestein, the Netherlands automotive and bicycle tire maker, has agreed to be acquired by Sibur Holding, owner of Sibur Russian Tires, in a $370 million deal that assures the financially troubled Dutch company’s future.

Tagged Mergers, Acquisitions & Investments

BOISE, ID (BRAIN)—The Outdoor Industries Women’s Coalition (OIWC) is now accepting nominations for two awards supporting women in the industry.

Tagged Awards

MOUNT PROSPECT, IL (BRAIN)—Consumers purchased $1.08 billion in used sporting goods equipment in 2007, according to a recent report by the National Sporting Goods Association (NSGA).

VeloNews recently began a column called "Industry Insider," sort of a faux look at what's going on in the bike biz. However, in VN's latest "insider" column, written no doubt by a journalistic bumbler, it was suggested that Shimano may be interested in making an investment in SRAM.

BY JOHN CRENSHAW
AND DOUG MCCLELLAN

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