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.
For producers of bicycles for the mass market, like , the biggest issue has been foreign competition. Before applying to Huffy Corporation, it’s a good idea to research the company, and read reviews from employees working there. Huffy is proud to offer a comprehensive benefit plan to our employees. Part-time employees are eligible for the 401k plan, paid holiday, and the use of our fitness center. If everything you say to your sister seems to make her mad or hurt her feelings, you could say, “Stop being so huffy!” A huffy person might blow the hair off her forehead and stomp away.
Huffy Cranbrook Cruiser bikes are sturdy and require little maintenance to maintain their modern and stylish look. Cruiser bikes are naturally heavier, with the Huffy Cruiser bike weighing an average of 52 pounds. Cruiser bikes are well-known for their comfort to make commuting and leisure rides more enjoyable.
As 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.
Buoyed by the completion of its diversification campaign, Huffy entered the 1990s with renewed confidence. As the decade began, the company was collecting nearly half its earnings and sales from its disparate, non-bike businesses, which were beginning to develop their own momentum. Huffy Service First, for instance, had begun to expand its services by assembling gas grills, lawnmowers, and patio furniture for mass retailers in addition to bikes.
With a rich history of making bicycles spanning over 100 years, you can be sure to get a quality machine to suit the way you ride. “The severe retail price decline and margin erosion confronting the bicycle company have schwinn bicycles negatively impacted our results,” the company said in announcing the decision. “The changes in the bicycle operation will significantly enhance its ability to compete in the fiercely competitive bicycle market.”
In February 1999, Huffy sold its garden tools and wheelbarrow business to U.S. Industries, Inc. for $100 million, stripping the company of $123 million in sales. With the proceeds from the divestiture, Huffy planned to reduce its short-term debt and to finance the company’s ongoing program of buying back its shares. The last year of the decade also saw Huffy introduce an electric scooter called Buzz that was rechargeable from a standard 110-volt outlet. In the wake of 1995’s loss, a rebuilding process began that saw the company reduce its size in some departments and expand into new business areas. Management cut workers’ wages, considered new product lines to stimulate profits, and looked to divest underperforming businesses.
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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.