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Author Topic: Micron gone bust?  (Read 2392 times)

gaz69

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Micron gone bust?
« on: August 25, 2008, 10:50:33 PM »

Was speaking with a mate who makes bike race systems and he told me that Micron has gone bust? Does anyone know if this true??

Gaz
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r1ninja

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Re: Micron gone bust?
« Reply #1 on: August 25, 2008, 10:52:04 PM »

Sadly it is :(
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mongo

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Re: Micron gone bust?
« Reply #2 on: August 25, 2008, 11:13:46 PM »

They are in administration yep, along with magnex (car exhausts, same company different branding).
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NinjaPaul

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Re: Micron gone bust?
« Reply #3 on: August 26, 2008, 12:31:59 AM »

This happened weeks ago, all the staff at the factory were sacked without pay and the place has been shut ever since.

It seems Micron had neglected to raise their prices to account for the increased cost of raw materials and this has hurt them badly.

Sad news indeed.
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twostrokes

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Re: Micron gone bust?
« Reply #4 on: August 26, 2008, 06:25:43 AM »

sadly I think this is going to be the way for a number of companies over the next 12-24 months...tough times ahead...costs rising and no one has the money to pay for it...tough times indeed...
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ZX10R-RACER

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Re: Micron gone bust?
« Reply #5 on: August 26, 2008, 10:30:44 AM »

This happened weeks ago, all the staff at the factory were sacked without pay and the place has been shut ever since.

It seems Micron had neglected to raise their prices to account for the increased cost of raw materials and this has hurt them badly.

Sad news indeed.

this is very ture i first heard the rumors back in june, they said there car exhausts was going great but the motorcycle was shit and loosing money so i think its just the bike side that has closed.

As far as i know micron is just a trading name for the bikes i think the whole company is massive they do all sorts of things.
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Wh|t3R@bb|t

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Re: Micron gone bust?
« Reply #6 on: August 26, 2008, 02:24:04 PM »

So then....every cloud....do you think they'll sell any stock of cheap????
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ZX10R-RACER

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Re: Micron gone bust?
« Reply #7 on: August 26, 2008, 02:46:29 PM »

i had my eye on that for awhile but nothing yet.
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truescot

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Re: Micron gone bust?
« Reply #8 on: August 26, 2008, 03:15:57 PM »

So then....every cloud....do you think they'll sell any stock of cheap????

been lookin for that but nothing yet but if as said above the rest of the company is doing fine then they probably sold to themselves and will keep them at the same price, maybe even at a premium since they will be so much more rare
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NinjaPaul

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Re: Micron gone bust?
« Reply #9 on: August 26, 2008, 11:44:19 PM »

This happened weeks ago, all the staff at the factory were sacked without pay and the place has been shut ever since.

It seems Micron had neglected to raise their prices to account for the increased cost of raw materials and this has hurt them badly.

Sad news indeed.

this is very ture i first heard the rumors back in june, they said there car exhausts was going great but the motorcycle was shit and loosing money so i think its just the bike side that has closed.

As far as i know micron is just a trading name for the bikes i think the whole company is massive they do all sorts of things.

apparently so, amongst other things I believe they supplied backing plates to EBC for brake pads.  (As far as I know EBC are ok and have other suppliers in place.)
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zedextenahhh

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Re: Micron gone bust?
« Reply #10 on: August 28, 2008, 10:53:03 PM »

Was speaking with a mate who makes bike race systems and he told me that Micron has gone bust? Does anyone know if this true??

Gaz
who's your mate dude i am looking for some help wiht my exhaust
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Andy J

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Re: Micron gone bust?
« Reply #11 on: August 28, 2008, 11:07:20 PM »

looks like the whole thing went pop, I'm sure the Micron were part of CLF (think it was Condor light fabrications)

http://www.clf.co.uk/home.htm

in administration too so the car side also went  :-/


life goes on though............ it's all Racefit's fault I reckon  [whistle]  no where's my Akra  B-)
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pat

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Re: Micron gone bust?
« Reply #12 on: August 28, 2008, 11:38:55 PM »

looks like the whole thing went pop, I'm sure the Micron were part of CLF (think it was Condor light fabrications)

http://www.clf.co.uk/home.htm

in administration too so the car side also went  :-/


life goes on though............ it's all Racefit's fault I reckon  [whistle]  no where's my Akra  B-)

Guess in that case the bike side may still be a viable concern & sold off by the administrators, so maybe not dead & buried yet  :dontknow:
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