Based on information from reliable sources, Burley Design, LLC (formerly Burley Design Cooperative) was acquired by a local Eugene, OR, investor this week.
The new owner began implementation of a restructuring plan Friday, Sept 8, which includes work force reductions and scaling back product offerings to focus on Burley's original core competency, trailers.
Again, according to sources, Burley Design LLC. will terminate its non-trailer business activities including bicycle, recumbent, and tandem fabrication as well as the production of soft goods like rainwear.
A press release will likely be forthcoming in the near future.