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
Belt-driven bicycle which allow riders of belt-driven bicycles to shift easily) are constantly innovating and introducing new designs such as the Shimano Alfine 11 and Fallbrook Technologies’s NuVinci. Other major internally geared hub makers include SRAM, Sturmey-Archer and Rohloff. Another option to provide gears is using a bracket-mounted gearbox like the Pinion P.18. manufacturers of belt-driven bicycles or belt drives include: Belt-driven bicycle A belt-driven bicycle is a chainless bicycle that uses a toothed synchronous belt to transmit power from the pedals to the wheel. The belts are typically made by the same manufacturing companies that produce timing belts for automobiles, machinery,