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Until recently, had been an exception to the outsourcing trend. The company hung on until 1994, when it cut its workforce by more than half in a struggle to keep costs down. Then last year it closed its main factory in Ohio, putting 1,000 people out of work. Brunswick Corp., of Lake Forest, last year shifted some production of its Roadmaster brand bicycles from its Olney, Ill., plant to Mexico.
Bikes and bike accessories accounted for an overwhelming 90 percent. The Outdoor Power Equipment division, which had been struggling for years in the lawnmower market, schwinn bicycles was finally sold in 1975. Realizing the need to diversify, Huffman acquired Frabill Manufacturing, a maker of fishing and basketball equipment, in 1977.
As Huffy exited the 1990s, it continued to pursue the strategy of paring away assets, acquiring new properties, and entering new business areas. In 1998, the company’s Washington Inventory Service subsidiary acquired Denver, Colorado-based Inventory Auditors, Inc., with 42 offices operating in 23 states. The acquisition greatly strengthened Washington Inventory Service’s position in its industry, since Inventory Auditors ranked third in the industry. For 1999, the company had further significant changes in store, none more dramatic than the announcement that it was selling True Temper Hardware Co.
Our cruisers are innovative, smart, and unique – just like you. You can fully design your ride to your liking with our one-of-a-kind accessory bundles. If you want to avoid saddle soreness on and during your ride, we have you covered. The link you selected is for a destination outside of the Federal Government. CPSC does not control this external site or its privacy policy and cannot attest to the accuracy of the information it contains.
In addition, a greater portion of advertising dollars was spent on television commercials, particularly during the hours when children’s programs aired. After it became apparent that continued U.S. production of low-cost, mass-market bicycles was no longer viable, Huffy had bicycles built by plants in Mexico and China, starting in 1999. The relationship with the Mexican plant was severed shortly thereafter. In federal bankruptcy court in Dayton, Ohio, in 2004, Huffy’s assets were turned over to its Chinese creditors. In 2004, Huffy sold its Huffy Sports division to Russell Corporation.
Huffy Sports manufactured sporting goods, including the Hydra-Rib basketball systems used by the NBA. After years of struggling against the cut-rate Chinese bicycles that set the price target guiding Walmart, Huffy essentially had become a Chinese-owned company. Today, the design, product development and marketing for Huffy is based in Dayton, Ohio. Crown Equipment Corporation now uses the former Huffy U.S. bicycle factory in Celina, Ohio, to produce forklifts. In 1966, Huffman introduced a new long-wheelbase bicycle frame called the Rail. The new frame was approximately 4″ to 5″ longer than previous models.