Huffy Bicycles Corporate Office

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.

huffy

For producers of bicycles for the mass market, like Huffy, 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.

As mongoose bmx bike 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.

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.

Buoyed by the completion of its diversification campaign, 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.

In February 1999, 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.