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Iron horse gettin bankrupted?

916 Views 14 Replies 10 Participants Last post by  rufusdesign
i'm looking to get my fourth bike and first true DH bike. Leaning towards Ironhorse but been hearing that they're gettin bankrupted!! Is this true or bs rumors?
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its already happened.
:lol: Kinda depends on who you gossip with. The forums sound like it's all over yet a few people I know refuse to admit this and are still railin trail hard on IH and supporting them. If the IH is what your looking at go fer it as long as your happy!! If you look around most will say theirs are the best until they find something new.

Bottom line I't all comes down to you. :rockon:
Pacific is looking to buy the company.
http://www.bikebiz.com/news/30700/Pacific-Cycle-bids-275-for-Iron-Horse

Then you will get a mighty Dorel support :thumbsup:
damnz... =[
i love the looks of their DH bikes!!!

How would the so called LIFETIME warranty work when someone else takes over?

Is it pretty much over do u think?
At this point whoever takes over wont be under any obligation to cover a lifetime warranty. They might but I think the most likely case is that they would offer to sell a replacement frame at cost. At this point I think you have to look at the discount and the odds of a frame breaking and then make your decision. If you have a history of breaking frames and some people do you might want to look in a different direction.
hmm... i think i'll stay away from ironhorse now just to be safe =]
Might get a Specialized or Giant
Thanks for the inputs!!
Curse pacific. Why cant they go bankrupt? Then I wont have to see fake schwinns at walcrap-mart anymore.
Dirt Bringer said:
Curse pacific. Why cant they go bankrupt? Then I wont have to see fake schwinns at walcrap-mart anymore.
Different Pacific.
dogonfr said:
:lol: Kinda depends on who you gossip with. The forums sound like it's all over yet a few people I know refuse to admit this and are still railin trail hard on IH and supporting them. If the IH is what your looking at go fer it as long as your happy!! If you look around most will say theirs are the best until they find something new.

Bottom line I't all comes down to you. :rockon:
It is hardly gossip. They are, in fact, in bankruptcy. There are many articles about this in Bicycle Retailer And Industry News (BRAIN). Yes, they are great bikes (except for the cracking MKIII rear triangles), but only a fool would count on a warranty from RSC (the only IH dealer) being worth much in the future. Just look at the facts as reported in the press, and what I am saying will be pretty obvious.
Don't think so...

Dorel Industries markets the low end "genuine aircraft aluminium" wonders as well as the higher end stuff like CDale and such. And both ends of the Mongoose spectrum.

Unless I misunderstood your comment, not sure.

Jim

Recreational/Leisure
back to top In 2004, Dorel became one of the largest marketers of recreational products in North America with its acquisition of Pacific Cycle, a leader in the design, marketing and distribution of high quality branded bicycles and other recreational products. In February 2008, Dorel purchased the Cannondale Bicycle Company and SUGOI Performance Apparel, further solidifying its presence in the bicycle industry.

The Recreational/Leisure segment comprises two distinct operating divisions: The Cannondale Sports Group division which deals specifically with the Independent Bicycle Dealers (IBD) channel; and the Pacific Cycle division which deals with the mass merchant and sporting goods channel.

Dorel markets its Recreational/Leisure products under the Cannondale, Schwinn, GT, Mongoose, SUGOI, Pacific, Dyno, RoadMaster, PowerLite and InSTEP brand names. Please click on the logos below for more information on the products available under each brand.
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I'm sure if you ask Randall Scott Weidberg, he'd still tell you that he's going to post a statement soon dispelling rumors of them being in bankruptcy, so buy (from him) in confidence.
JimC. said:
Dorel Industries markets the low end "genuine aircraft aluminium" wonders as well as the higher end stuff like CDale and such. And both ends of the Mongoose spectrum.

Unless I misunderstood your comment, not sure.

Jim

Recreational/Leisure
back to top In 2004, Dorel became one of the largest marketers of recreational products in North America with its acquisition of Pacific Cycle, a leader in the design, marketing and distribution of high quality branded bicycles and other recreational products. In February 2008, Dorel purchased the Cannondale Bicycle Company and SUGOI Performance Apparel, further solidifying its presence in the bicycle industry.

The Recreational/Leisure segment comprises two distinct operating divisions: The Cannondale Sports Group division which deals specifically with the Independent Bicycle Dealers (IBD) channel; and the Pacific Cycle division which deals with the mass merchant and sporting goods channel.

Dorel markets its Recreational/Leisure products under the Cannondale, Schwinn, GT, Mongoose, SUGOI, Pacific, Dyno, RoadMaster, PowerLite and InSTEP brand names. Please click on the logos below for more information on the products available under each brand.
Sorry, I had Pacific Cycle, which is the one you are describing (=Dorel) and Pacific Cycles confused. You are correct.
No worries, I can't for

the life of me understand what they are doing, bikes are so far off their core business. Oh well, somebody's gotta soak up all those that are failing.

Jim
Do not give one cent to Randall Scott or that company, he is the biggest dirtbag in the industry.
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