How Much Is Trek Bike Company Worth?

by | Last updated on January 24, 2024

, , , ,

Trek, a family-owned company, was cofounded by Richard Burke, John's father, in a Waterloo barn in 1976. Today it is a global bike business worth

over $1 billion

, and it employs 2,000 people worldwide. It makes a variety of , including kids' bikes, mountain bikes, and high-end road bikes.

Is Trek bike a public company?

Trek Bicycles is now one of the largest

private

companies in the United States, with more than 3,000 employees, 1,200 of whom are based in its Waterloo headquarters.

Is Trek owned by giant?

Giant is the world's largest bike manufacturer by revenue. Its factories in Taiwan, China and the Netherlands churned out 6.3 million bicycles last year, generating revenue of $1.8 billion.

The company sells bikes under its own name and makes them for major brands like Trek, Scott and Colnago.

How many stores does trek own?

Trek currently owns

12 stores

in the U.S. Shops were acquired under various circumstances including stores that were experiencing financial and operational difficulties or where storeowners planned to close for good or retire from the business.

How old is Trek bike company?

Type Private company Industry Bicycles
Founded


1975
Headquarters Waterloo, Wisconsin , USA Key people John Burke, President

What brands does Trek own?

Trek Bicycle Corporation is a bicycle and cycling product manufacturer and distributor under brand names

Trek, Electra Bicycle Company, Bontrager, and Diamant Bikes

. The company has previously manufactured bikes under the Gary Fisher, LeMond Racing Cycles, Klein, and Villiger Bikes brand names.

Where is Trek made?

Treks bikes is a company which makes bicycles of all ranges. Their manufacturing unit works in

Waterloo, Wisconsin

but more than 80 % of bikes are manufactured in asia and european countries, Still it is the U.S largest bicycle company. Trek has been a household name in the biking world for decades.

Is Trek on the stock market?

Previous Close 300.00 Day's Range 300.00 – 300.00 52 Week Range 266.00 – 475.00 Volume 7 Avg. Volume 3

Is 100 percent owned by Trek?

Official team apparel made by

100%

with the Trek Factory Racing team logo proudly displayed. Designed with the right fit and cut for optimum comfort and style for riding and relaxing on or off the trails.

Is Trek Made in USA?

Trek Bicycles is the largest U.S. bicycle company, making everything from kid models to professional road and mountain styles. And they're the only major manufacturer still producing two-wheelers in the U.S. Overall,

Trek makes roughly half of the bicycles manufactured here in the United States

.

Who is the biggest bike manufacturer in the world?

Type Public Website www.

giant

-bicycles.com

Does Specialized own Trek?


Mike Sinyard remained majority owner and CEO of the company

. As of 2016, Specialized is one of the biggest bicycle brands operating in the United States, alongside Trek Bicycle Corporation and Giant Bicycles.

Where are Trek bikes made 2020?

The leading factories that build Trek parts and accessories are in

Netherlands, Germany, and China

. However, China and Taiwan produce the most parts. The only brand believed to be manufactured in the US is the Madone 6 series, and we are still unsure of that.

Where is the trek headquarters?

Waterloo, WI

How can I tell if my Trek bike is real?


You can find the bike serial number on the underside of the bicycle frame, near the bottom bracket

. Look for a sticker containing a barcode. This sticker will also contain a string of letters and numbers, many beginning with WTU. This full string of characters is the bike serial number.

Who is the CEO of Trek bikes?

John Burke (1997–)

What are the top 3 direct competitors for Trek?

Trek Bicycle Corporation competitors include

Specialized Bicycle Components, scott, Shimano and Giant Bicycles

.

Who founded Trek bikes?

Founders

Is Trek made in China?

Trek has two manufacturing facilities in Wisconsin — one in Waterloo and one in Whitewater. Overseas,

it builds in Germany, Holland and China

. In 2011, CEO John Burke said Trek's sales were more than $800 million.

When was Trek founded?

1976, Milwaukee, WI

Can I buy stock in Trek bikes?


Visit your local Trek retailer

. If they have the bike you want in stock, it's your lucky day. If they don't, they can help you to find another suitable ride or help you to place a pre-order.

What is the stock symbol for Trek bikes?


TRKX

: Trek Resources Inc – Stock Price, Quote and News – CNBC.

What publicly traded companies make bicycles?

Company Market Capitalization Peloton Interactive (NASDAQ:PTON) $30 billion Shimano (OTC:SMNNY) $27 billion Vista Outdoor (NYSE:VSTO) $2.3 billion Accell Group (OTC:ACGPF) $1.3 billion
David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.