The company plans to accelerate its global expansion thanks to this influx of cash, which will lift the debt that Niner has labored under. After announcing bankruptcy a few months ago, Niner has officially been acquired by UWHK Ltd. UWHK was formed specifically for the acquisition of Niner, and that company huffy bikes falls below the United Wheels umbrella. United Wheels is a Chinese and Hong Kong investment firm that also owns Huffy Corp. “We’re obviously a community (that) is on the radar beacon of economic development folks as a place that’s easy to do business with and a place they want to call home,” he said.
United Wheels Ltd. also owns Allite Inc. and VAAST Bicycles, two new brands to be launched later this year. The company is not revealing details of the two new companies, but said each company, including Niner, maintains separate operations. UWHK Ltd. was formerly Emersion International, a Hong Kong-based entity that agreed to buy Niner late last month. UWHK is an investment firm in premium global outdoor brands and a division of United Wheels Ltd.
The new facility will have amenities for employees like a new fitness center. Whether your child is just learning to ride or they’re already a biking professional, you’ll find a wide selection of high-quality bikes and trikes ranging from toddler push bikes to cruisers for older kids. Do you want a bike that they can simply ride up and down the street or around the park? At their peak, the bicycle division manufactured over two million bicycles per year and were the largest bicycle manufacturing company outside Asia. 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.
The Colorado Department of Education qualifies schools as Title I if 75% or more of the students are considered low-income and receive Title I funds. Wish For Wheels donated 50 huffy mountain bike costing $100 each to the school, and volunteers assembled them for the students. Since its founding in 2004, the organization has donated 25,000 bikes across the country.
Since the suspension system is already lacking, the full suspension will provide a better result. All of their bikes were made in America, the quality was good and it was consistent. The amount you can expect to receive in store credit when trading in your bike with a dealer. Keep an eye out for the brand’s frequent discounts, as they are slightly overpriced at full price. This model doesn’t include a rack but has fenders, a kickstand, and mechanical disc brakes. The Everett+ e-bike also comes with an impressive ten-year warranty on its frame and a two-year warranty on electrical components.
My old one, the wheel popped, and this [bike] is going to make me happier because it’s bigger! “To give [these kids] something new and to see their faces light up is worth it,” said Schubert. Arizzabell Herrera, 8, said she is ready to have fun with her bike this summer and is excited to feel the wind in her hair. ” said Rodriguez-Vasquez, 8, whose bike and helmet and bike were both blue, like the rest of his class.
The Versic Huffy electric bike is another fat tire, 20″ folding electric bike like the Motoric covered above. In this section, we will review the range of six e-bikes offered by Huffy, from their foldable 20-inch e-bikes to their mixed-terrain hardtails. We will examine the key features and the type of riding each bike is suitable for. In 2023, Traylor Academy implemented mental health, social-emotional lessons, and support in each classroom. The school now has a full-time psychologist, a three-day-a-week social worker, a full-time restorative practice coordinator, two full-time special educators, and increased para-support for teachers. Huffy is planning to move the headquarters where it designs all the bikes bearing its iconic brand to a new home in Miami Twp.
“We will have common ownership with Huffy, but we are not the same company,” Niner co-founder Chris Sugai emphasized, in an article published on Bicycle Retailer. Its move to Gander Creek Drive will fill one of the remaining “large vacant spaces in that office park,” said Miami Twp. The privately-owned company expects to move by the end of the year to 8877 Gander Creek, where about 100 employees will work out of the leased office. Maier is a bike industry veteran who has worked for Pacific, Cannondale, PeopleForBikes and RockyMounts.