Motorheadz.tv has just released a new video dubbed “The Ten Commandmentz” and yes, it’s exactly what it sounds like. In a world where no rules exist, these are the basic laws every motorcyclist must abide by, from which all else will follow, laid out by “our own MotorGod, engraved in the Tables of Asphalt.” I wish I […]
Lehman Trikes Suspends Operations – Company Future in Doubt
Lehman Trikes has suspended all operations after failing to find investors for its motorcycle trike conversion kit business.
The Spearfish, S.D., company says it needs an injection of capital in order to continue producing trikes. According to the Milwaukee Journal-Sentinel, Lehman Trikes laid off some workers late in 2011 while the company sought new investors. That search was unsuccessful, leading the company to shut down operations while it seeks other avenues for new capital.
While the search for new funding continues, the company says there is no guarantee it will find enough to re-open operations.
It has been a rocky few months for the Lehman Trikes. The company’s founder, John K. Lehman, passed away suddenly in January.
[Source: Lehman, JSOnline]
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