Bike Valley Portugal Takes Shape for Creating Supply Chain Flexibility
AGUEDA, Portugal – At the Taipei Cycle Show last March initiatives for creating supply chain flexibility for the bike industry in Europe came to light in Taipei. Two (aluminium) frame and other component production centers were discussed; Bike Valley Romania and Bike Valley Portugal. As it stands now Bike Valley Portugal is becoming reality.
Investments in setting up a frame and other component production center in Agueda, Portugal (the town and region where the Portuguese bike industry is based) are taking place now. Bike Valley Portugal is more than a (highly automated) frame factory in Agueda.
For decades the Portuguese bike industry has been based here along with numerous parts makers like Rodi, Miranda, Polisport among many others. Decathlon’s bike producer RTE and other makers produced 1.6 million bikes here in 2014, most are exported to Spain. For the whole year 2015 production is expected to amount to 1.8 million units and forecasted to grow to 2.5 million in the next three years.
Presenting Bike Valley Portugal
With Eurobike coming up the investors and initiators regard the time ripe to present Bike Valley Portugal to the bike industry. For more see Bike Europe’s August (Eurobike preview) edition which was mailed yesterday. Bike Europe’s August edition will have extra circulation at Eurobike. Free copies can be picked up at the Media boxes at Foyer West and East as well as at the Bike Europe booth in Foyer West, booth 006.