Iron Horse Bicycles
Iron Horse Bicycles was a manufacturer of bicycles, in Islandia, New York, United States from 1987 to 2009. Its logo was a prancing horse on a mustard-color crest similar to the Ferrari logo. Iron Horse sold racing bikes and mountain bikes, but mainly downhill, freeride, and all mountain.
Private | |
Industry | Bicycles |
Founded | 1987 |
Headquarters | Islandia, New York |
Products | Bicycles |
Revenue | Private company – undisclosed |
Number of employees | undisclosed |
Website | www.ironhorsebikes.com |
Iron Horse riders included Dave Cullinan, Kim Sonier, Penny Davidson, Toby Henderson, Leigh Donovan, Pete Loncarevich and Sam Hill. Cullinan won the downhill world championship in 1992 and Sam Hill won the World Championships in 2007 and 2010.
Iron Horse filed for bankruptcy in early 2009. It owed US $5 million to creditors and patent holders.[1] Dorel Industries acquired Iron Horse for US $5.2 million on 15 July 2009,[2] having already acquired GT, Cannondale, Schwinn and Mongoose.[2]
References
- Nicole Formosa (2009-03-18). "Bankrupt Iron Horse Owes $5 million". Bicycle Retailer & Industry News. Retrieved 2012-07-01.
- Nicole Formosa, Chris Dannen (2009-07-14). "Dorel Buys Iron Horse". Bicycle Retailer & Industry News. Retrieved 2012-07-01.
Dorel Industries purchased Iron Horse Bicycle Company for $5.2 million in an auction Monday in federal bankruptcy court. The deal is scheduled to close on Wednesday. Dorel owns Pacific Cycle, along with Cannondale, GT, Mongoose and Schwinn brands.