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.
Don’t get mad, but is also the brand name of a cool bicycle. This adjective has been around since the 1600s, from huff, which first meant “exhale,” and later “bluster with indignation.” Wenning’s father, Werner, was one of the company’s first employees. He proudly remembers his father’s first day on the job _ July 5, 1955. Wenning grew up riding Huffys _ perhaps some that were fashioned by his father’s hands _ around his western Ohio town. There have been some more recent bikes of the late 1960’s to 1980’s that are also of world class quality.
Most of their mountain bikes are hardtails, meaning they don’t come with rear suspension, only a front suspension fork. Hardtail mountain bikes are generally more affordable than full-suspension varieties, plus they’re easier to maintain. They also keep the weight of the bike low, making it easier to maneuver, which is ideal for those just starting out in mountain biking. Huffy mountain bikes usually have disc brakes that allow a short stopping time so you can stop powerfully and efficiently.
These bikes appeal to adults who are keen on fitness–and have the money to pay for it. Layoffs that started in 1994 cut the workforce by more than half. But Huffy said it wasn’t enough and announced on May 28 that it would close the Celina plant, produce bicycles at its non-union plant in Farmington, Mo., and import most of its mass market bikes from Asia and Mexico. Their classic cruiser frames found on all of their bikes come in a great array of colors and styles, offering a sturdy ride.
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.
Must be used in conjunction with the XLR Battery Charger Adapter item # CBG-ADAPTER sold above. Quick charge rate battery charger with C7 plug for the City Bug® electric scooter. Charges the battery pack in less than half the time that the standard charger takes. For City Bug® electric scooters that have their original battery charger adaptor.
schwinn bicycles 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.
From its peak in 1973, bicycle sales dropped 50 percent by 1975. Huffman was forced to close its Celina plant for two months and lay off 25 percent of its workers. As a result, the company quickly outgrew its physical plants, and in the early 1950s Huffman acquired a building in Delphos, Ohio, and moved the Automotive Service Equipment division to that location. New facilities were built in Celina, Ohio, to house the bicycle and lawnmower divisions.