What's
new.
On January 1, 2008, FastBack became part of TerraCycle! Here's the press
release:
TERRACYCLE
ACQUIRES FASTBACK, WILL EXPAND HYDRATION PRODUCT LINE
December 28, 2007
TerraCycle,
of Portland, Oregon, and FastBack Designs, of Fort Collins,
Colorado, two leading companies in the design and manufacture
of accessories for recumbent bicycles, have announced that
TerraCycle will acquire FastBack and expand its successful
line of hydration packs and frame bags.
“I started FastBack shortly after switching to
recumbent bikes several years ago, when I couldn’t find
a good way to carry a hydration bladder,” said FastBack
founder Mike Vogl. “Since then, we’ve added more
than a dozen kinds of hydration and frame packs which are
sold around the world.
“We’ve grown quickly, and the demands of the
business require increasing time and resources,” said
Vogl, who is also a hospital-based registered nurse.
“It is a good time for another company to take FastBack
to a higher level of distribution and service.”
TerraCycle is a good choice to be that company, said
TerraCycle president Pat Franz, because FastBack products are
a natural complement to TerraCycle’s racks, idlers,
accessory mounts and stems.
“Both companies make high quality products that meet
the unique needs of recumbent riders,” Franz explained,
“Both companies have a strong history of listening to
customer needs, and of developing products over miles and
miles of real world riding.”
“We plan to expand the FastBack line and keep
production in the U.S.,” Franz said. “It’s
the best way to ensure quality and accountability.
We’ve got some very exciting plans for combining the
capabilities of the two companies to produce even more useful
products”.
What
does this mean? It means that TerraCycle is continuing to make the same
great FastBack products, using the same USA production, and will be
expanding the product line in the coming months. Stay tuned!