In a message dated 4/16/04 12:10:25 PM, classicrendezvous-request@bikelist.org writes:
<< Sorros the man who broke the Pound when John Major was Prime Minister. It
was the American owners who sold Sturmey to Sun Race for about 50 quid and
the Lenton Road plant to Nottingham University!
Corporate greed. venture capitalists and the stock exchange killed our
industries off not trade unions.
Please give us back Raleigh and take Margaret Thatcher in exchange.
Michael Butler Huntingdon UK. >>
Hello Michael,
I have it on accord that some English based swindlers bought Sturmey Archer for nearly nothing but promises to move the works so the building could be sold to the University. The swindlers drained the bank accounts and may have headed to South America. SunRace hired the management and engineers and bought what was left to resurrect the product. This was a good thing. Sun Race seems to be doing well by them if they could keep up with pent up demand.
Tony Hadland wrote the Sturmey Archer Book and his website documents most of
it as I recall.
http://www.users.globalnet.co.uk/
Yours in Cycling,
Gilbert Anderson
North Road Bicycle Company
519 W. North St.
Raleigh, NC 27603
USA
Toll Free Ph: 800\u2022321\u20225511
Local Ph: 919\u2022828\u20228999
E-mail: cyclestore@aol.com