Wednesday, November 10, 2010

Titus Closes

I always wanted a Titus RacerX, but never got one:

“Our largest lender is foreclosing on an outstanding loan. Commencing immediately, they will initiate an orderly liquidation of company assets. Please direct any inquiries to support@titusti.com”

Titus has always been one of the more popular brands, however they have seen quite a bit of change in recent years. Titus Cycles founder Chris Cocalis left the company and started a new company (Pivot Cycles) not too long ago. Longstanding employees were recently “let go” a few weeks back. There was much writing in the Titus forum walls.

Via MTBR.  More info over at Bicycle Retailer and Bike198 (after the obnoxious ads).

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