Industry News

BY JASON NORMAN

MONTREAL, Quebec—When Dorel Industries purchased Cannondale early last month the industry’s top tier became a little more crowded and competitive.

Dorel had no problem throwing down the gauntlet either.

Tagged Mergers & Acquisitions

LAGUNA BEACH, CA (BRAIN)—After his longtime partnership with GT ended at the end of 2007, Brian Lopes was continually asked by media and fans who he'd be riding for in 2008.

Well, the wait is over, as Lopes has chosen Ibis Cycles.

TRUCKEE, CA (BRAIN)—Jim Taylor, the man who founded Jet Lites, died Monday morning in a skiing accident at Squaw Valley in Lake Tahoe.

Jet Lites has been in business for nine years making high-end lighting for cyclists.

For details on how the accident occurred click on link.

Tagged People

HEERENVEEN, Netherlands (BRAIN)–Accell Group is buying Ghost Mountainbikes, a high-end German bicycle brand, adding yet another premium bike company to its ever-growing corporate portfolio.

Tagged Mergers & Acquisitions

OSAKA, Japan (BRAIN)—Shimano’s 2007 net income jumped 44 percent, to about $178 million, after the components giant set an all-time sales record of nearly $1.9 billion last year.

Tagged Earnings/Financial Reports

FRYEBURG, ME (BRAIN)—Downeast Bicycle Specialists, the Northeast’s largest parts and accessories distributor, will once again be holding an Open House in Maine.

Tagged Events / Distributor news

LAGUNA HILLS, CA (BRAIN)—BRAIN's looking for some new products to feature in its product review section. All we need from you is product info, high res image, suggested retail price and company contact information. Make sure your subject line includes company name and product name.

Tagged BRAIN News

CHATTANOOGA, TN (BRAIN)—American Bicycle Group was featured in March's Popular Mechanic magazine.

The focus: Made in the USA titanium frames, of course.

Click on the link to see the short feature.

Tagged Media/Publishing

MONTEREY, CA (BRAIN)—While the Sea Otter Classic has long been known as a "see-and-be-seen" event for athletes, the same could be said for manufacturers and their new products.

Tagged Consumer Expos and Rides

OTTAWA, Ontario (BRAIN)—Carbon Sports, the high-end manufacturer of lightweight wheels, has founded Carbon Sports North America.

Carbon Sports North American is based in Ottawa, and its operational structure includes secure bonded warehousing in upstate New York.

LONGVIEW, WA (BRAIN)—A Washington podiatrist suspected of stealing $56,000 worth of high-end bikes in eight states has committed suicide.

Dr. Jacob Bos, 36, took his own life on Feb. 23 while in the psychiatric ward of St. John’s Hospital in Longview, WA, said Longview Police Sgt. Mike Hallowell.

Tagged People

LAGUNA HILLS, CA (BRAIN)—Every year when we deliver our annual industry directory, we inadvertently leave out a company like Ritchey and Syncros, make a mistake in the information, or find out later that a company moved without telling us.

Tagged BRAIN News

ODGEN, UT (BRAIN)—Jim Pfeil joins Edge Composites as the company’s general manager. Previously, Pfeil was the founder and president of Reynolds Composites.

Tagged People

JACKSON, WY (BRAIN)—From its inception in 2005, the Kona AfricaBike program has had a simple, primary focus: provide durable, easy-to-maintain AfricaBikes to healthcare workers to assist in the treatment of HIV/AIDS patients.

Tagged Advocacy/Non-profits

WHEAT RIDGE, CO (BRAIN)—Wheat Ridge Cyclery will be opening its doors tomorrow night for its annual “Women’s Night Out” starting at 6:30 p.m. The shop is expecting high attendance.

Tagged Events

SANTA ROSA, CA (BRAIN)—“It was crazy.”

That’s how owner Dave Chavis of Dr. J'S Bicycle Bicychiatry in Solvang described the Tour of California as it rolled through town last week.

Tagged Events

PASADENA, CA (BRAIN)—Inclement weather didn't dampen the crowds' spirit as they lined the course from Santa Clarita to Pasadena, cheering on American Levi Leipheimer as he captured his second straight Tour of California title yesterday.

Tagged Events

COSTA MESA, CA (BRAIN)—The NBDA and OutdoorIndustryJobs.com, an employment network Web site for the outdoor, bicycle, hunting and fishing, action sports and winter sport industries, have partnered to bring a state-of-the-art online job board focused directly on the bicycle industry.

SEATTLE, WA (BRAIN)—Only in the Northwest where coffee is king is it possible for police to track down a bike theft suspect with a cup of java.

Tagged Media/Publishing

NEWMARKET, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) has announced the six recipients of the $25,000 in grants.

Awarded twice a year and available to cycling focused community groups, BTAC’s Grant Program will support projects that put more people on bikes.

Tagged Advocacy/Non-profits

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