Specialized Bicycle Components Costco. The move angered some Specialized dealers. In 1996, Specialized withdrew the Full Force line and Mike Sinyard wrote a letter of apology to dealers. By the end of 1996, Specialized had lost 30% of its bike shop sales and, according to Sinyard, "came within a few hundred dollars of declaring bankruptcy". In 2001, Merida Bikes of Taiwan bought 49% of Specialized for a reported US$30 million. Mike Sinyard remained majority owner and CEO of the company. , Specialized is one of the biggest bicycle brands operating in the United States, alongside Trek Bicycle Corporation and Giant Bicycles. In 2012
Giant Bicycles the 2017 Tour de France. In off-road cycling, Giant sponsors the Giant Factory Off-Road Team. Cyclists include Marcelo Gutierrez, 5 time Colombian downhill national champion, and Jacob Dickson, 4 time Irish junior downhill champion. Giant also sponsors individual athletes, including Tim van Berkel, Ben Dijkstra, and Matt Bottrill. Giant Bicycles Giant Manufacturing Co. Ltd. (commonly known as Giant) is a Taiwanese bicycle manufacturer that is recognized as the world's largest bicycle manufacturer. Giant has manufacturing facilities in Taiwan, the Netherlands, and China. Giant was established in 1972 in Dajia, Taichung County (now part of Taichung City), by King Liu and