Originally Posted by
T-Mar
I believe that they are now owned by Merida and a very small operation compared to their glory days of the 1980s. It's really too bad that they decided not to sponsor Greg Lemond's team for 1989. A TdF victory might have generated enough sales to at least delay their exit from the USA market. We were luckier in Canada, where the brand was marketed until at least 2000.
Yes, Miyata is a fraction the size it used to be, but I really thought it was still a company in the sense that it isn't just a name slapped on a bike.
I've read that Miyata bikes are still made in Japan.
Merida does(did?) Have a partial financial stake in Miyata, but the two companies have partnered up for distribution in the past too.
I didn't know they declined to sponsor LeMond.