Huffy does a Raleigh - BikeBiz

Huffy does a Raleigh

It's no big shakes this side of the pond but today's news about Huffy Corp shows that the industry's bigger players are finding it increasingly tough out there. Trends for the future? Expect more mergers, acquisations and plenty of tears before bedtime.
Publish date:

This news - so far unchecked - has come straight from a direct news feed from Reuters. It eerily parallels Raleigh's move in a similar direction just two months ago...

Huffy Corp. to stop making bicycles in United States

DAYTON, Ohio, Sept 27 (Reuters) - Huffy Corp., one of

America's best-known bicycle makers, said on Monday it will no longer make bikes in the United States and will close its two manufacturing plants by the end of the year and switch to production overseas.

The shut-down, blamed on "an unprecedented decline in

Chinese bicycle pricing" in the last six months, will hurt

Huffy's annual earnings and the company said it will probably record a pre-tax charge cost for plant closures of some $42.4 million or $2.64 per share in the second half of 1999.

Featured Jobs

the cycle hub

Showroom Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Tuesday 26th June 2018

Giant St Paul Logo

Bike Fitter / Sales Person

Giant St Pauls I City of London I Salary: Negotiable Dependent on Experience I Date Published Thursday 21st June 2018


Bike Technician

Chain Reaction Cycles I Ballyclare I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018


Brand Content Writer

Canyon Bicycles GmbH I Koblenz, Germany I Salary: Up to €38,000 I Date Published Tuesday 3rd July 2018


Retail Sales Advisor

Chain Reaction Cycles I Belfast I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018