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
Manufacturers Association of Nigeria has active branches in many states of the federation and in the specialized industrial zones of Ikeja and Apapa. MAN has a council headed by a President and a secretariat at Ikeja managed by a Director-General. The organization has ten sectoral groups made up of companies in related industries. As a representative body of manufacturers, MAN nominees represent the interest of manufacturers in the boards of a number of government institutions. Also, MAN has made recommendations to the government that have come to fruition. The Raw Materials Development and Research Council was established on the recommendation of MAN while it