MONTREAL, Quebec (BRAIN)—Dorel Industries' Pacific Cycle division has acquired the assets of PTI Sports, a leading U.S. designer, manufacturer and distributor of bicycle parts, helmets and other accessories, for $28.1 million (USD).
SAN JUAN CAPISTRANO, CA (BRAIN)—After two years of collecting potential host city data and retailer, manufacturer and industry partner feedback, Interbike management has announced the trade show will remain in Las Vegas, and that they are currently finalizing an agreement with the Sands Expo and Convention Center to
SUN VALLEY, ID (BRAIN)—After five years in the U.S. market, Scott will deliver retailers an option in the midrange travel segment. The revamped Genius rounds out the company’s trail offerings, giving it a complete line of full-suspension mountain bikes in a broader price range for 2009.
ROCKY RIVER, OH (BRAIN)—Century Cycles has been honored by Smart Business magazine with a World Class Customer Service Award, which is bestowed upon Cleveland-area companies for their superior customer service.
PETALUMA, CA (BRAIN)–CamelBak has expanded its research and development team with the hiring of two industrial designers who will be responsible for all new soft and hard goods product design.
John Duran joins the team as senior product designer, and Derek Sullivan joins as product designer.
FELTRE, Italy (BRAIN)—After many whisperings about Campagnolo’s 2009 line, it became official in Italy as Campy will be fitting its 2009 Chorus, Record and the revived Super Record gruppos with 11-speed rear ends.
"I'm not on vacation. I'm not out for a weekend. This is where I live. When you do that, all the other trappings of life fade away."
CHAPEL HILL, NC (BRAIN)—Performance Bicycle, along with owner North Castle Partners, have named Jim Thompson as chief executive officer.
Last July, the private equity firm North Castle Partners acquired Performance.
LAS VEGAS, NV (BRAIN)—The Mountain’s Edge 2008 Cactus Cup Las Vegas is September 19–21, 2008 in Las Vegas.
Event organizers picked those dates with the hope of capturing those already in town for Interbike.
CARSON CITY, NV (BRAIN)—Veltec Sports has appointed Charlie Allen outside sales representative for Florida.
ELKTON, MD (BRAIN)—Gore Bike Wear has picked up Cycles Lambert as its distributor in Canada.
Sell-in begins this July with product hitting retail in February 2009.
George and Melanie Hincapie are the proud parents of Enzo Hincapie, born June 20 in Girona, Spain. Enzo weighed in at 7.5 pounds, and 20.4 inches long. Melanie and Enzo are both healthy and resting comfortably. Congrats!!!
NEW YORK, NY (BRAIN)—There are many different facets to Lance Armstrong, and the New York Times tries explaining them in this Sunday feature story.
Click on link to read.
BOULDER, CO (BRAIN)—Five designated and aspiring Bicycle Friendly Communities will receive funds to help them make bicycling more safe, convenient and appealing places to ride.
SPEEDWAY, IN (BRAIN)—Don Walker becomes one of the latest entrants to the IBD retail market, with a new store specializing in a wide range of handmade bicycles, Speedway Handmade Bicycle Works, which has its opening party on June 28.
WAUCONDA, IL (BRAIN)—Javelin, maker of Javelin Bicycles and Zero Components and Schmolke Carbon components, will be relocating (July 1) its headquarters to a larger custom build facility in Lake Zurich, Illinois.
Javelin's new address:
1350 Ensell Road
Lake Zurich, IL 60047
"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that...”
—George Carlin. Carlin, who had a history of heart trouble, died of heart failure Sunday. He was 71.
CHARLOTTE, NC (BRAIN)—Gita Sporting Goods is teaming up with the Lance Armstrong Foundation (LAF) and Nike to market and distribute Nike's new line of Livestrong cycling apparel.
One Hundred percent of Nike's profits from the entire Livestrong Collection goes to the LAF to help fight cancer.
PORTLAND, OR (BRAIN)—Showers Pass, known for its wind and waterproof cycling garments, recently consolidated product development and warehousing under one roof. The company has moved into a 6,000-square-foot building just outside of downtown Portland.
PARK CITY, UTAH (BRAIN)—A panel of high-level federal land managers from the U.S. and Canada addressed the future for mountain biking in national parks and on other public lands during the IMBA World Summit last Friday in Park City, Utah.