Surly Bikes
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Surly Bikes
Surly Bikes, or Surly, is a bicycle brand based in Bloomington, Minnesota, United States, that was founded in 1998. It is a division of Quality Bicycle Products, a manufacturer and distributor of bicycles and bicycle parts. Despite sharing a similar name and being headquartered in the U.S. state of Minnesota, Surly Bikes and Surly Brewing Company are separate enterprises, with an agreement between the two companies allowing the bicycle company to display the single word "Surly" on its products. Surly Brewing’s Omar Ansari reached out to Surly Bikes before launching the brewery to make sure there would be no conflict. History The Surly brand was developed in house at the Minnesota-based Quality Bicycle Products in the 1990s as a complement to its other brands, such as Salsa Cycles. At the time, "fatbikes" were emerging on the market for winter use in snowy climates, but they were considered exotic and too expensive to produce. Quality Bicycle Products hoped to standardize pa ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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