Mountain Cycle sold

Posted by on June 27th, 2006 at 10:20 am

The rumors on the street are true…

I have just gotten official word from Kinesis USA President Michael Chen that Mountain Cycle has been sold. I don’t have many confirmed details yet (rumors abound), but I expect to hear more from Chen very soon.

As most of you already know, Kinesis USA (parent company of Mountain Cycle) shut down the North Portland based company back in March and issued this press statement justifying their decision.

Kinesis has been looking for a suitor ever since.

I’m trying to find out who the buyers are and more importantly, to what extent Portland will be a part of Mountain Cycle’s future.

I’ll have more details as they become available…

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2 Comments
  • […] Following up on my post from Tuesday, I just got off the phone with Kinesis USA President Michael Chen. He called to give me more details about last week’s sale of Mountain Cycle. […]

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    Matt July 24, 2006 at 11:44 pm

    Hello,
    Anyone know of a former welder at Mountain cycle who can fix my cracked frame…please let me know at mattsteele401@hotmail.com
    Thanks and Ride On……

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