International
TAICHUNG, Taiwan (BRAIN)—Stella Yu, founder of Velo Enterprise Co., LTD, one of the world’s leading manufacturers of saddles, has called a report about European anti-dumping duties imposed on Chinese-made saddles “misleading” and “deceptive.”
CHANGHUA, Taiwan (BRAIN)—China’s decision to give some tax relief to exporters will have little to no effect on bicycle prices, according to Bob Margevicius, Specialized’s vice president and a sourcing expert.
“When you parse it down to what the net effect is, it’s tiny,” Margevicius said Friday.
CHANGHUA, Taiwan (BRAIN)—As its own economy slows, mainland China is increasing tax incentives for a slew of exported products, including bicycles.
The government announced that it would increase the export tax rebate on Chinese-made bicycles to as much as 14 percent from 9 percent.
TAICHUNG, Taiwan (BRAIN)—The December mini-shows in Taichung are expected to attract more product managers than ever before, organizers say.
TAICHUNG, Taiwan (BRAIN)—Giant Manufacturing Co. is reportedly at its bicycle production capacity until next June, according to a report by Bloomberg.
The report was attributed to a story in the Taipei, Taiwan-based United Daily News, which didn't cite its sources.
FRIEDRICHSHAFEN, Germany (BRAIN)—Even though talks over a comprehensive global trade agreement have faltered, Taiwan is encouraging countries to eliminate tariffs on bicycle imports.
LORIA, Italy (BRAIN)—Bankrupt Italian stem and handlebar maker ITM is negotiating with several potential buyers for its brand name and equipment, and managers expect to announce an agreement within the next two weeks.
BRUSSELS, Belgium (BRAIN) — Tenneco Inc. has entered into a preliminary agreement to purchase the suspension business of Gruppo Marzocchi, an Italian-based worldwide leader in supplying suspension technology in the two-wheeler market.
PACOIMA, CA (BRAIN)—Kemco Group International has partnered with Kunshan Giant Light Metal Technology to produce Vuelta-branded wheels.
AGE: 44
COMPANY: KMC
OCCUPATION: General Manager
How much chain have KMC’s factories churned out the company’s three-decade history? Enough to loop around the earth and the moon three times.
NAME: Victor Lin
AGE: 52
COMPANY: VP Components
POSITION: Managing Director
Most components companies in Taiwan are relatively small affairs. VP Components’ Victor Lin, who founded the company in 1981, now oversees 1,450 employees, some 350 of whom are in Taiwan.
NAME: Daisuke Kobayashi
COMPANY: SR Suntour
TITLE: President
AGE: 62
Daisuke Kobayashi is the venerable manager of a venerable company. He oversees components maker SR Suntour, one of the oldest names in the business.
NAME: Stella Yu
COMPANY: Velo
TITLE: General Manager
AGE: 60
It’s tough enough to succeed in the bicycle business. It’s even tougher to succeed as a woman.
NAME: John Chen
COMPANY: Wellgo
TITLE: General Manager
AGE: 55
The bicycle business runs in John Chen’s family. Chen, founder of pedal manufacturer Wellgo, is the brother-in-law of Stella Yu, founder of Velo saddles.
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