Print this ArticlePrint this Article Email this ArticleEmail this Article
Text Size: A | A | A

Minnesota-based Team Industries invests in Brammo

 Posted: 1:50 PM July 08, 2014

Bagley, Minn.-based Team Industries said today it will become an investor in electric motorcycle maker Brammo Inc..

Team Industries will design and develop drivetrains for the next generation of Brammo bikes, which moved to Talent at the beginning of the year.

"Both companies are innovators and we have a strong cultural fit between our two organizations," Team President and CEO David Ricke said in a statement. "The electric vehicle market is a growth market."

The amount of Team Industries' investment was not disclosed.

Team Industries joins Brammo strategic partners: Polaris, Flextronics, Parker Hannifin, Sevcon, Marzocchi, Sapa and Amber Composites.


Reader Reaction
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Rules. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or fill out this form. New comments are only accepted for two weeks from the date of publication.
COUPON OF THE WEEK