Bank forecloses on Kan.-based Big Dog Motorcycles

AP News
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Posted: Apr 09, 2011 6:06 PM
Bank forecloses on Kan.-based Big Dog Motorcycles

A bank has foreclosed on Wichita, Kansas-based Big Dog Motorcycles, ending the run of a 17-year-old company that specialized in custom heavy cruisers and had 100 U.S. dealers.

The Wichita Eagle says founder Sheldon Coleman Jr., heir and former CEO of camping and outdoor equipment maker Coleman Co., dissolved the corporation.

New company president Mike Simmons says Coleman formed BDM Performance Products to supply parts, accessories and gear for more than 25,000 Big Dog Motorcycles currently on the road.

Big Dog Motorcycles boomed when the housing market was strong and many of its customers were builders. At the height of popularity in 2005, the company built more than 5,000 bikes, had more than 300 employees and more than $120 million in revenue.

Layoffs began in 2007. Today, 22 employees remain.