By Paul Betts in Paris
Published: July 24 2004 5:00 | Last Updated: July 24 2004 5:00
Indian Motorcycle, the US motorcycle brand that once outsold rival Harley-Davidson, is being revived by Stephen Julius, an Anglo-Italian entrepreneur who specialises in the takeover of distressed heritage brands.
Complete Story... (http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1087373955514)
Stellican Limited, Owners of Chris-Craft Boats Acquire Indian Motorcycle Brand
"PA"
Business Editors/Transportation Writers LONDON – (BUSINESS WIRE) – July 26, 2004 – Stellican Limited, a London-based private equity firm, today announced the acquisition of the trademarks and related intellectual property of Indian(R), America’s oldest and most iconic motorcycle brand. Indian Motorcycle was founded in 1901 in Springfield,
Massachusetts, two years before Harley-Davidson, and was a leader in the motorcycle industry for the next 50 years with a U.S. market share approaching 50%. The Indian(R) motorcycle was the pride of the American road, enjoying an unmatched reputation for quality and innovation. In fact, motorcycle historians cite the Indian(R) Chief(R) as the originator of today’s cruiser class motorcycle. In addition to playing an important role at home in America, the company played an important role in World War II by contributing over 40,000 motorcycles to the war effort. In 1953, the company filed for bankruptcy and, for the ensuing 45 years, the Indian(R) brand was effectively dormant.
More... (http://news.scotsman.com/latest.cfm?id=3257412)
riceBurner
07-28-2004, 07:15 AM
hmmmmmmmmmmm....if a company is owned by another company of UN-American roots.....is that company in fact an American company?
you tell me????
If Ferrari starts building cars here in the US...then we would have American Ferrari's?
hmmmmmmmmmmm....if a company is owned by another company of UN-American roots.....is that company in fact an American company?
you tell me????
If Ferrari starts building cars here in the US...then we would have American Ferrari's?
Thanks to NAFTA, that would be correct.
Looks like these guys are not wasting any time bringing the factorys to production. Sites are already being scoped out. Maybe we'll get it here in Florida.
Motorcycle maker scopes out area
BY KEVIN MCQUAID
Although an official decision on the site of a new manufacturing plant is probably months away, the owners of Indian Motorcycle Co. are already considering Southwest Florida.
Stellican Ltd. reiterated Tuesday that the London-based investment firm, which acquired the trademark and logo rights to the venerable motorcycle brand late last week, is evaluating numerous sites.
The Sarasota-Bradenton area is among several contenders being considered, Stellican founder Stephen Julius said.
More... (http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20040728/BUSINESS/407280724)
jimirwinsc
07-28-2004, 10:30 PM
If ANYONE can bring back the most beautiful motorcycle ever made and this time make it stick, who cares who is carrying the pocketbook. Indian deserves to be on the road again.
via con Dios
Jim
Upstate SC
95 VT1100c Shadow
LOADED
08-29-2004, 11:54 AM
I think it Great/ the indain is as much a part of america as baseball and PBR beer. :bike: