The subsequent fallout in the cycling community was devastating to Huffy, but not surprising considering the nature of the athletes involved. Huffy spent $500,000 to be named the Official Bicycle of the 1996 World Cycling Championships, held in Colorado Springs, the first time the World Championships has been held in the United States. In 1949, Huffman developed the Huffy Convertible, which was a children’s bicycle with rear training wheels and foot steps.
The company introduced a cross-trainer bike in 1992 that represented a hybrid of a road bike and mountain bike, but following an expensive promotion campaign, sales of the crosstrainer were lackluster. The problems with True Temper and the ill-conceived introduction of a crosstrainer paled in comparison to schwinn bicycles‘s overriding problem during the 1990s, however, and that was contending with Asian competitors. Benefiting from lower production costs than their U.S. counterparts, Asian manufacturers enjoyed significant success in the U.S. market during the 1990s, causing considerable havoc for domestic bike producers. Huffy, holding a 30 percent share of the $1.5 billion U.S. market, bore the brunt of the damage stemming from the incursion of Asian producers and saw its profitability sag. The worst period for Huffy arrived in 1995, when the company recorded a crippling $10.5 million loss. For the remainder of the decade, Huffy management devoted itself to curing the ills that led to the devastating loss and implementing measures to ensure that it never happened again.
“We are proud to partner with Chase for his first season as a NASCAR Cup Series driver to bring Huffy, in a small way, to the racetrack,” said Kris Parlett of Huffy. Also last year, Sensor Technology Systems Inc. said its move from Beavercreek would result in 120 jobs. The maker of night vision goggles and other electro-optical products for special operations forces, defense forces and law enforcement is consolidating operations at a 50,000 square foot Newmark Drive location. Companies relocating to the Newmark Office Park area have included Acclimate Technologies Inc., which tripled its size after from downtown Dayton.
Cranbrook model features the “Perfect Fit Frame”, which makes it a perfect bike for everyone, no matter how tall you are. Schwinn did not make most of their bikes in the last 30 years, as Giant and other manufacturers made them. Most, if not all, department store bikes are mass-produced in Asian factories that aren’t owned by the company labeling and/or marketing the bicycles. Several different brands are actually the same or similar bikes coming off the same Taiwan or China production lines with different paint and stickers on them.
This gives the bike a low center of gravity, while also helping to absorb shock and create a better level of stability, making it a comfortable bike. Cheaper cruisers often lack any extra features, taking a more bare bones approach instead to keep the price down. The handling of this bike is graceful, with great geometry for casual rides.