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|Articles - April 2012|
|Thursday, March 22, 2012|
BY DAN MCMILLAN
Giant Loop’s founders set out to make motorcycle saddlebags that are functional and rugged, that look good strapped to a motorcycle and that would find an immediate audience among motorcycle adventurers worldwide. So far, the founders are three for three.
The Bend company’s line of saddlebags, tank bags and other accessories are made of a 22-ounce, extra heavy-duty vinyl coated polyester wrapped in ballistic-strength Cordura nylon and held together with highstrength straps and clips, says co-founder Dave Wachs. Wachs and co-founder Harold Olaf Cecil took their inspiration from the gear used by outdoor enthusiasts in Central Oregon. In fact, friends at Bend-based Metolius Climbing, which is best known for its rock climbing harnesses, helped the pair design and build their prototype products.
The goal, says Olaf Cecil, was to make “an internal-frame backpack for a motorcycle.”
“Everything available looked super dorky, but motorcycles are really cool,” Wachs says. Rather than big, bulky bags, Giant Loop focused on slim, sleek bags that don’t affect the performance of the motorcycle.
As for sales, the company went live with its retail website in September 2008 and sold its first bag within two hours of opening. Today, the company has 120 dealers nationwide and another eight international distributors. Giant Loop, which takes its name from the term for a long-distance motorcycle tour that begins and ends in the same place, now has eight products and has added two full-time employees.
Giant Loop was profitable from the first day by necessity as much as by choice. The company has no line of credit, no loans and no outside investors. What it does have is an enthusiastic customer base that inspires Wachs and Olaf Cecil to keep coming up with new ideas. Just don’t expect anything dorky.
Thursday, May 29, 2014
BY COURTNEY SHERWOOD
Business and civic leaders weigh the risks and rewards of going green.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Thursday, May 29, 2014
BY JON BELL
A new generation of outdoor apparel companies targets the young and the urban.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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