Cannondale Ceased Motorcycle Production Temporarily
BETHEL/CT, USA (December 12) - Cannondale closed down its motorcycle production plant at Bedford, Pennsylvania, temporarily, due to poor sales in its motor-sports division. According to Associated Press 80% of the 625 workers at Cannondale have been sent home until at least mid-January. At the New York Stock Exchange more than 230,000 shares were traded
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