The final chapter in the long-running saga of Mountain Cycle has now been written. Mountain Cycle was once a beloved local brand with a factory in North Portland, a presence on the local cyclocross scene and even a ‘cross bike named the Stumptown. According to a press release I just received, the new owners have … Read more
[Mountain Cycle’s new owners.] 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. Mountain Cycle has been sold to a Taiwanese company called Ideation Industrial. They’re a huge bicycle manufacturer established … Read more
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.
Michael Chen, president of Mountain Cycle and board member of parent-company Kinesis, has just released the first official statement regarding the local layoffs and shutdown of Mountain Cycle.
[Van for sale] The news is no longer simmering, it is boiling over. Kinesis, the Taiwanese parent company of Mountain Cycle has decided to chart a new course for the local bike brand. The future of the brand is still up in the air, but my sources tell me that it will not include Portland. … Read more
A few hours ago, an employee of Portland-based bike manufacturer, Mountain Cycle left a suspicious comment on my recent post about the Specialized/Stumptown Saga. The employee wrote, “I don’t think Specialized will be bothering Mountain Cycle any longer. More news to follow…” Then, after being prodded by another commenter, he added, “I have not been … Read more
The March 1 issue of Bicycle Retailer and Industry News (BRAIN) includes a story on the Specialized/Stumptown saga, which first broke on this site back on January 31st. BRAIN is a well-known bike industry trade magazine that goes out to every bike shop and manufacturer in the U.S. The article is not available on-line, but … Read more
The “Stumptown” incident is far from over. The Oregonian covers it in their business section today with a front page article by Helen Jung. Helen also writes about it on her blog. This story has sparked 139 comments so far on this site alone and has spread all over the Internet. Specialized has definitely struck … Read more
[Not to be confused with Stumpjumper] [UPDATES: A reader has posted the cease and desist letter from Specialized. See it here. (PDF) *Specialized responds.] North Portland based Mountain Cycle and global bike giant Specialized Bicycle Components of Morgan Hill, California are locked in a disagreement that neither side is backing down from. At issue is … Read more