CENTRAL ISLIP, NY (BRAIN)—Iron Horse Bicycle Company owes more than $17.1 million to dozens of unsecured creditors, including about $11.5 million to various Asian bicycle suppliers, according to documents filed in bankruptcy court on Tuesday.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Specialized, has issued a voluntary recall of about 3,000 Roubaix Comp and Roubaix Pro bikes from 2004.
The cable stop on the bicycle can loosen, which can cause the rider to lose control and fall from the bike.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Specialized, has issued a voluntary recall of about 14,000 mountain bikes from the 2009 model year.
The handlebars can break, posing a fall hazard to the rider.
PHILADELPHIA, PA (BRAIN)—Organizers of Philadelphia's annual professional bike race may have to cancel it due to a $500,000 budget gap, according to the Philadelphia Inquirer.
AUSTIN, TX (BRAIN)—It’s true when they say that everything’s bigger in Texas. Starting in May, the Bicycle Sport Shop in Austin is promoting a grandios city-wide challenge to encourage its citizens to bike instead of drive.
PORTLAND, OR (BRAIN)—A private backer has pledged $1 million to help build a new destination bike park in a 35-acre no-man's land between Interstates 84 and 205 near the former Rocky Butte jail, according to a recent story in The Oregonian.
VANCOUVER, British Columbia (BRAIN)—Momentum Magazine is celebrating its fourth birthday this May/June and the magazine’s staff is getting ready to celebrate.
SEYMOUR, CT (BRAIN)—In cooperation with the National Highway Traffic Safety Administration, Thule is voluntarily recalling Fit Kit numbers 3068 and 3069 used in conjunction with the 460 and 460R Podium Foot Packs.
MONTEREY, CA (BRAIN)—While hope for sales growth in the near future remains slim, Performance Bicycle chief executive officer Jim Thompson is taking an extended view of the retail business and preparing for a rebound in consumer confidence.
VANCOUVER, British Columbia (BRAIN)—Rocky Mountain has hired a new sales rep in the Northwest United States.
Eric Daignault, based in Portland, Oregon, will act as the sales rep for Alaska, Washington and Oregon. Daignault most recently managed the Downtown Bike Gallery in Portland
TORONTO, Ontario (BRAIN)—The Toronto Coalition for Active Transportation and the Clean Air Partnership are once again once again hosting Canada's Bike Summit 2009.
Bike Summit 2009 will be held on Thursday, May 28 at the Novotel Toronto Centre.
EMERYVILLE, CA (BRAIN)—Upland Sports Group, exclusive distributor of Capo Cycling Apparel and Capo Custom Apparel, has moved from Oakland, California.
Their new address and phone/fax number is:
5909 Christie Avenue
Emeryville, CA 94608
Tel: (510) 652-4074
Fax: (510) 652-4082
CHICAGO, IL (BRAIN)—RentaBikeNow.com has launched North America’s only coast-to-coast bike rental service that provides bikes, accessories and tours so travelers can ride bikes everywhere.
MONTEREY, CA (BRAIN)—It’s a dark day when legislators start designing bicycle products, Bob Burns told attendees at the Bicycle Leadership Conference last week.
MONTEREY, CA (BRAIN)—SRAM once again held its annual road and MTB launches to a host of cycling journalists at this year's Sea Otter Classic.
MONTEREY, CA (BRAIN)—Leslie Bohm looks forward to a day when we won’t need awards to recognize advocacy work, he said in his acceptance speech for a BRAINy for Individual Advocate of the Year. Until then, he said, he appreciated the recognition.
MONTEREY, CA (BRAIN)—There’s been much hand wringing over inventory issues this season, and it will continue. But when Chris Speyer looks at 2008’s ending inventory level, he notes that it’s much closer to year’s past than most realize.
MONTEREY, CA (BRAIN)—Sunny skies and warm temperatures helped this year’s Sea Otter Classic see double-digit attendance increases the first three days of the show.
Sunday was down 5-8 percent, according to Sea Otter president and chief executive officer Frank Yohannan.
"We're concentrating on the high end this year."
TEMPE, AZ (BRAIN)—Titus Cycles and Crankbrothers have formed a new partnership that showcases both company’s new 2009 product offerings. The special makeup build kits by Titus will feature the new Cobalt and Iodine wheelsets and will be offered on the Titus 2009 FTM, X and El Guapo models.