The Trek bicycle company, the nation’s best-selling bike company, has asked a court to intervene to allow it to sever its ties to three-time Tour de France winner Greg LeMond, the Associated Press reported today.
Trek President John Burke said Tuesday that LeMond had a “troubling pattern of inconsistent business dealings” and that his outspokenness about […]
Entries Tagged as 'business'
Trek asked judge to sever relationship with LeMond
April 9th, 2008 · No Comments
Tags: Floyd Landis · business · Lancaster · Tour de France · cycling · doping · sports
Green Mountain expansion underway
March 26th, 2008 · No Comments
The Green Mountain Cyclery, an Ephrata bicycle shop, is undergoing a major expansion.
Green Mountain owner Mike Farrington is anxiously awaiting the arrival this week of concrete contractors who will pour the foundation for the expanded store.
Last, week a demolition crew removed one section of the building as the $300,000 project quickly progresses to an expected mid-June completion. The shop, […]
Tags: business · Ephrata · Green Mountain · cycling · sports
Cannondale sold - fate of Bedford plant uncertain
February 7th, 2008 · No Comments
Canada-based Dorel Industries announced Monday that it had purchased bicycle manufacturer Cannondale for between $190 million and $200 million.
The announcement was reportedly made at Cannondale’s Bedford, Pa. factory. The company’s official statement said that no changes were planned for Cannondale’s operation. It is slated to become the flagship brand, atop Dorel’s GT, Schwinn and Mongoose brands.
Yet, […]
