Cannondale Bikes Slashing US Manufacturing Jobs Apr 4, 2009
The announcement Thursday by Dorel Industries Inc. means the Bedford facility will shrink to 100 workers by the end of 2010. The bicycle frames will be manufactured at a facility in Taiwan. (ABC News -- Wire)
Dorel reports strongest year ever Mar 12, 2009
MONTREAL Dorel Industries Inc. reported its strongest year ever in 2008, but expects challenges this year as the economic slowdown is convincing more retailers to offer cheaper products to address concerns about dwindling consumer spending. The Montreal-based maker of consumer goods from baby seats to bicycles said it has started to regain ground lost at the end of last year after sales plummeted when panicked retailers trimmed inventories. (Globe and Mail -- Business)
Dorel declares quarterly dividend Feb 7, 2009
MONTREAL, Feb. 6 /PRNewswire-FirstCall/ - Dorel Industries Inc. (TSX: DII.B DII.A) today announced it has declared a regular quarterly dividend of US$0 ... Dorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile products and bicycle company ... Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of Dorel Industries Inc. These statements are based on suppositions and... (PR Newswire)
