Iron Butt
Posts: 849
, FL United States | Found this on the Lehman website: I'm happy :-)
New Release June 26, 2012
Champion Investments, Inc. assumes Operation of Lehman Trikes, USA
Today Champion Trikes, via its sister company Champion Investments, Inc., a South Dakota
Corporation, announced the resumption of Lehman Trikes, USA operations. Lehman Trikes
USA, considered one of the trike industry?s foremost leaders and well known for its high quality
and reliable products, had suspended its operations in early March of this year, while in search
of a qualified investor.
Craig L. Arrojo, CEO of Champion Investments Inc. and Champion Trikes stated, ?We are
extremely proud and excited to announce the acquisition of Lehman Trikes USA and have them
join the Champion family of motorcycle related companies. They are an exceptional
organization, firmly grounded in high quality products and exceptional customer service. Their
ISO 9001:2008 speaks to their commitment.? Continuing, Mr. Arrojo stated, ?Lehman Trikes
USA was a fundamentally sound company, with a rich heritage. A combination of factors led to
their cessation of operations. The early discontinuation of the Harley-Davidson services
contract, along with a challenging economic environment and delays in new contracts were all
ingredients. Lehman and Champion Trikes, in team, will enrich both companies and improve
our mutual performance.?
Champion Investments, Inc., doing business as (dba) Lehman Trikes USA, operations will
resume at the Spearfish, South Dakota, facilities. Financial resources are in place and the first
order of business will be providing service parts with a phased-in return to full operations as
vendors and personnel staffing are reestablished. |
Lehman Trikes has new life
