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
Bicycle tools mechanism from rotating. Bicycle tools Various bicycle tools have evolved over the years into specialized tools for working on a bicycle. Modern bicycle shops will stock a large number of tools for working on different bicycle parts. This work can be performed by a trained bicycle mechanic, or for simple tasks, by the bicycle owner. Various devices have been devised to hold a bike still to facilitate working on it, and they are usually called stands. Stands may clamp a part of the bike, such as the seatpost, seat tube, or top tube, or they may simply provide a surface