News
September 11, 2006
Follow News

Eugene businessman buys Burley Design

EUGENE, Ore. (AP) -- A local businessman has purchased Burley Design, the struggling Eugene-based bicycle manufacturer, and permanently laid off about 40 percent of the company's employees.All of Burley's 104 workers were laid off on Friday: 65 will return to their jobs on Monday under new ownership, and 39 positions have been eliminated, said the company's new owner, Michael Coughlin.He said his plan is to refocus Burley on its central and most popular product: its sporty blue and yellow bicycle trailers that can haul kids, groceries or gear. Burley sells about 27,000 of the trailers a year. For now, Burley …

Explore Related Articles

Popular Stories

The News-Review Updated Aug 15, 2012 03:44PM Published Sep 11, 2006 10:46AM Copyright 2006 The News-Review. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.