On July 20, 2006, the newly formed Indian Motorcycle Company, owned largely by Stellican Limited, a London-based private equity firm, announced its new home in Kings Mountain, North Carolina, where it restarted the Indian motorcycle brand, manufacturing Indian Chief motorcycles in limited numbers, with a focus on exclusivity rather than performance. Starting out where the defunct Gilroy IMC operation left off in 2003, the "Kings Mountain" models were continuation models based on the new series of motorcycles developed in 1999. The 2009 Indian Chief incorporated a redesigned Powerplus V-twin powertrain with electronic closed-loop sequential-port fuel injection, and a charging system providing increased capacity for the electronic fuel injection.