Home > Latest News > Champion Investments, Inc. assumes operation of Lehman Trikes, U.S.A.

Champion Investments, Inc. assumes operation of Lehman Trikes, U.S.A.

Today Champion Trikes, via its sister company Champion Investments, Inc., a South Dakota corporation, announced the resumption of Lehman Trikes, U.S.A. operations. Lehman Trikes, U.S.A. had suspended its operations in early March of this year while in search of a qualified investor after the passing of founder, John Lehman, in early January of this year.

John Lehman was known to many as the father of the modern trike. He created his first trike in 1985 so that his family could enjoy a safe and comfortable motorcycling experience together. He eventually partnered with longtime friend Larry Strilchuk in 1993 to form Lehman Trikes, U.S.A., and together they worked to create an industry leader in the three-wheeled motorcycle market. Lehman was inducted into the Sturgis Motorcycle Museum Hall of Fame in 2009 for his innovative advancements in the modern-day trike industry.

Craig L. Arrojo, CEO of Champion Investments Inc. and Champion Trikes, stated, “We are extremely proud and excited to announce the acquisition of Lehman Trikes U.S.A. and to have them join the Champion family of motorcycle-related companies. They are an exceptional organization, firmly grounded in high quality products and exceptional customer service. Their ISO 9001:2008 speaks to their commitment.” Continuing, Mr. Arrojo stated, “Lehman Trikes U.S.A. was a fundamentally sound company with a rich heritage. A combination of factors led to their cessation of operations. The early discontinuation of the Harley-Davidson services contract, along with a challenging economic environment and delays in new contracts, were all ingredients. Lehman and Champion Trikes, in team, will enrich both companies and improve our mutual performance.”

Champion Investments, Inc., doing business as (dba) Lehman Trikes U.S.A., operations will resume at the Spearfish, South Dakota, facilities. Financial resources are in place and the first order of business will be providing service parts with a phased-in return to full operations as vendors and personnel staffing are reestablished.

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