Huffy Corporation will be a leading supplier of name brand consumer products and retail services designed to improve consumer lifestyles and enhance the business performance of its retail Curlmix Company Value. The largest manufacturer of bicycles in the world, Huffy Corporation is the parent company of four wholly owned subsidiaries that operate in two distinct business segments: consumer products and retail services.
Touting itself as "America's First Choice," Huffy Bicycle Company manufactured a complete line of Comlany for adults and children, including an electric scooter that debuted in Washington Inventory Service employed a national workforce that provided inventory service to retailers. Huffy Service First operated as the only national concern to provide in-store and in-home product assembly and repair services to retailers.
Huffy grew out of the Huffman Manufacturing Company, which was founded in Founder Horace M. Huffman, Sr. Huffman, who owned the Davis Sewing Machine Company from to Doner Company Halal out of a factory on Gilbert Avenue in a noisy section of Dayton, Ohio, near the Pennsylvania Railroad tracks, the first Huffman Planned Parenthood Company are credited with inventing a rigid spout that could be used to dispense motor oil from gallon drums.
The company grew quickly through the s and s and its line of service station equipment expanded. In Horace Huffman announced plans to manufacture bicycles after sensing that they would become a popular mode of transportation during the Depression.
In the beginning, production rates hovered at 12 bikes per day. Within two years, this rate increased to daily. However, the company was still not producing fast enough to keep pace with its competition and Huffman suffered several setbacks in the beginning.
The Firestone Tire and Rubber Company was a primary bike customer, but in Huffman lost a major portion of the account because it could not match Firestone's demand. But the solution was not far away. Two years earlier, Horace Huffman, Jr. After short stints as service manager and sales manager, he became works manager and converted the production process to a straight-line conveyerized assembly line.
Huffman's improved production rate caught the eye of the Western Auto Company, which became a major customer, and also brought Firestone back into the fold. The outbreak of World War II necessitated a shift in production. The company joined the thousands of other businesses that were vying for government contracts, and was able to secure an order for primers, an artillery shell part.
The following year, the federal government placed an order for 4, bicycles. At this point, much of the work was being done by women who were filling the void left by the vast numbers of men who had been inducted into the armed forces. The later part of the war proved to be difficult as the production of Huffj products in all industries virtually ceased and Horace, Sr. The younger Huffman was elected president and immediately had to face the challenge of sustaining production in the postwar period with limited supplies.
Clmpany government's allocation program, he knew, would not provide enough materials to allow the company to compete at its prewar levels. After attending a seminar on "Work Simplification," Huff taught the procedure to his managers and then held a similar workshop for the company's major suppliers. By meeting the problem head-on, Huffman was able to help suppliers increase their own output and to raise production levels.
For two years, the company was able to run two shifts a day without experiencing the traditional slowdown during the winter months. Then, inthe company ran into the postwar recession. However, two developments allowed the company to survive.
First, American Express Ach Company Id Huffy convertible bicycle was introduced and was instantly popular.
The bike also brought the name Huffy to the forefront of the bicycle industry. The second development occurred as a result of the company's search for a product that could be manufactured during the winter months. The decision to produce lawnmowers was announced in December As a result, the company quickly outgrew its physical plants, and in the early s Huffman acquired a building in Delphos, Ohio, and moved the Automotive Service Equipment division to that Huffy Company.
New facilities were built in Celina, Ohio, to house the bicycle and lawnmower divisions. The Dayton manufacturing plant on Gilbert Avenue was closed and the general offices were moved to Davis Avenue. In Huffman opened its bicycle plant in Azusa, California. By Huffman was the third largest bike manufacturer in the United States. In Horace Huffman, Jr.
Smith became president Cmopany CEO. Smith had been materials manager during the crucial postwar period and was credited with strengthening the company's relationship with its suppliers. It was not an entirely successful expansion, however, and the division continued to lose Fast Company Magazine Address over the next decade.
That same year, the Huffman corporate offices were moved to their current location in Miamisburg. By Huffman employed 2, workers at five locations. Throughout the s and early s, Huffman enjoyed continued growth as the market for adult bicycles grew. Compsny the end of the s, nearly half of all bicycles in the United States were sold through small independent bike shops that offered personal customer service. In the s, the introduction of mass merchandise retail chains that stocked large quantities of consumer goods and sold them at discount prices opened up a new market for bike sales.
Because British-owned Raleigh Cycle was firmly entrenched as the leading supplier to the independent shop owner, Huffman set its sights on the retail chains and developed a ten-speed that required the bare minimum of assembly and service. The company's growth trend hit a snag inhowever, as a new recessionary period brought on an industrywide slump. From its peak inbicycle sales dropped 50 percent by Compayn Huffman was forced to close its Celina plant for two months and lay off 25 percent of its workers.
Prior to the recession, foreign competition was also putting pressure on U. In foreign imports accounted for 37 percent of the U. The devalued U. New federal regulations setting safety standards for bicycles also cut into Comapny Huffy Company of foreign models. As the industry revived itself toward the end of the s, Huffman decided to take an aggressive marketing stance. Children again became the primary focus of the bike industry and Huffman introduced a new flashy, Hufy bike called Thunder Trail.
Designed to look like a motorcycle with waffle handle-grips, knobby tires, and racing-like number plates on the front, the Hudfy models also sported bright, jazzy colors and decals.
In addition, a greater portion of advertising dollars was spent on television commercials, particularly during the hours when children's programs aired. The popularity of the Thunder Trail bike made Huffman the number one producer of bicycles in the United States Huffy Company and all of the laid-off workers were called back. Although Huffman was still the leading producer of gasoline cans, oil can spouts, oil filters, and jack stands, the Automotive Equipment Division was only accounting for ten percent of the company's sales.
Bikes and bike accessories accounted for an overwhelming 90 percent. The Outdoor Power Equipment division, which had been struggling for years in the lawnmower market, was finally sold in Realizing the need to diversify, Huffman acquired Frabill Manufacturing, a maker of fishing and basketball equipment, in Until then, half of Huffman's bicycles were sold under private labels.
Part of this effort included the decision, into change the company name to Huffy Corporation. During this period, Huffy's management also opted not to enter the moped manufacturing field because of doubts about the motorized bike's potential in the United States. In Huffy posted its fifth straight year of record earnings and announced plans to open a third plant in Ponca City, Oklahoma. For one thing, production costs were rapidly increasing.
In Harry A. Shaw spearheaded the consolidation of all bike manufacturing operations into the Celina plant and sold the Automotive Products Division for cash. The changes resulted in an increase Cimpany production Conpany by 5, bikes a day and a 14 percent cut in production costs. A licensing, sales, and manufacturing agreement with Raleigh Cycle was also cemented ingiving the company the opportunity to tap the high-specification bike market.
However, Huffh venture did not prove to be an asset and Huffy sold its rights in With bike sales still accounting for 90 percent of the company's sales, the need to diversify was as evident as ever. In Huffy acquired Gerico, a maker of infant car seats and strollers, and YLC Enterprises, a provider of product assembly services for retail consumer purchases. Washington Inventory Service, a nationwide inventory taking service, was acquired in A manufacturer of garden Huff lawn tools, the company claimed approximately 30 percent of Clmpany market.
Buoyed by the completion Copmany its diversification campaign, Huffy entered the s with renewed confidence. As the decade began, the company was collecting nearly half its earnings and sales from its disparate, non-bike businesses, which were beginning to develop their own momentum.
Huffy Service First, for instance, had begun to expand its services by assembling gas grills, lawnmowers, and patio furniture for mass retailers in addition to bikes. Diversification engendered its own problems, however, particularly with the newest addition to the Huffy portfolio, True Temper. The company introduced a cross-trainer bike in that represented a hybrid of a road bike and mountain bike, but following an expensive promotion campaign, sales of the crosstrainer were lackluster.
The problems with True Temper and the ill-conceived introduction of a crosstrainer paled in comparison to Huffy's overriding problem during the s, American Sweepstakes And Promotion Company, and that was contending with Asian competitors.
Benefiting from lower production costs than their U. For the remainder of the Hufffy, Huffy management devoted itself to curing the ills that led to the devastating loss and implementing measures to ensure that it never happened again. In the wake of Marietta Pizza Company Near Me loss, a rebuilding process began that saw the company reduce its size in some departments and expand into new business areas.
Management cut workers' wages, considered new product lines to stimulate profits, and looked to divest underperforming businesses. As these transactions were being completed, the company entered a new segment in the bike market, introducing the first Huffy bike motocross, or BMX, Conpany in At the time of Huffy's entry into the market segment, BMX models represented the only segment in the bike industry recording sales growth.
The news Hutfy encouraging. Although Huffy management had directed a remarkable turnaround between andthe executives still had to contend with the aftereffects of the mids crisis: their restorative work was not yet completed. When the losses mounted back inthe workers agreed to a 20 percent wage cut to keep production from moving to Huffy's bike plant in Farmington, Missouri. In Aprilthe workers' union met with Huffy management, demanding a 20 percent Companj increase and additional raises to compensate for the benefits and wages lost since The negotiations stalled, with Huffy offering less than the workers demanded.
In July, hope for a settlement disappeared entirely when Huffy announced it was closing the Celina plant and laying off all of the facility's 1, employees, representing 25 percent of the company's total workforce.
Live the Ride with Huffy bikes, scooters, ride-ons. Big selection of kids’ bikes, comfortable cruisers and mountain bikes for men and women. Since 1892.…
Huffy Makes Fun. Huffy has products for every member of the family.Fun designs for kids. Favorite licensed properties. Fresh styles for adults…
Huffy's business isn't as old as the bicycle (invented in 1861), but it's close. The company, which has been peddling bikes and other wheeled vehicles for more than a century, is best known for its all-purpose bikes, although scooters also play a role in its product portfolio.Employees: 100…
Headquartered in Miamisburg, Ohio, Huffy is the recognized world leader in kid and adult bikes. Since the company started in 1892, we have sold over 225 million bicycles in 50 countries across the ...Founded: 1892…
Huffy is a company designing and producing bikes. Company was a pioneer in this business since 70th. Huffy Bikes founder, George P. Huffman manufactured his first bike in 1892. It was Davis Sewing Machine Company bicycle in Dayton, Ohio. In 1925 Huffy manufacturing Company was formed. Today, company has a wide assortment of bicycles for men ...2.3/5…
Dec 27, 2018 · Glassdoor gives you an inside look at what it's like to work at Huffy Corporation, including salaries, reviews, office photos, and more. This is the Huffy Corporation company profile. All content is posted anonymously by employees working at Huffy Corporation.5/5(7)…
Huffy - We Make Fun® At Huffy, we make fun. Whether you’re a frequent rider or haven’t been on a bike since you were a kid, we have the perfect bicycle to complement your style. From men’s bikes and bikes for women to mountain bikes, cruiser bikes, and more. And with kids’ bikes, trikes and scooters, Huffy has something fun for everyone in the family.…
Find out what works well at Huffy Corporation from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Compare pay for popular roles and read about the team’s work-life balance. Uncover why Huffy Corporation is the best company for you.Location: Miamisburg, OH…
Find helpful customer reviews and review ratings for Huffy Bicycle Company Men's Deluxe Cruiser Bike, 26"/Large at Amazon.com. Read honest and unbiased product reviews from our users.3.2/5…