BNET Industries
Last Fiscal Year Sales:$22.6M
- Public
- CA
Dow Jones Description
It is the American Dream building your livelihood around something that inspires you. And of course, being successful as a result. Lehman Trikes continues to follow this dream, although in the beginning the dream was not as evident. What began as a one-off project to share the riding experience has become an international and publicly-traded operation. John Lehman, Founder of present-day Lehman Trikes, created the first Lehman trike in his garage. John's wife Linda and their two small children were not able to share John's enthusiasm for riding, for Linda was not comfortable riding a conventional motorcycle with one of her children behind. A trike was the answer. With a 1981 Honda CB900, John created "Number 1", using a 7.5 inch Chevrolet Vega differential and a metal fabricated body. John's love for riding and family became a powerful combination that gave him the vision to think unconventionally. However, unlike many inventors, John's creation was well-received rather quickly. The benefits and pure enjoyment of the trike were obvious. After Number 1 sold, John's dreams began to swell. Like all small businesses, Lehman started with a few employees and a small work space. As they attended more motorcycle events and the word spread, more orders poured in. In 1993 Larry Strilchuk, long-time buddy of John's, became a partner in the business. Today, Lehman Trikes is publicly-traded and has created a new industry of three-wheeled motorcycles in North America. There are nearly...
CEO, Canada
Larry StrilchukNumber of Employees 65
Peer Companies
NAICS Code Motorcycle, Bicycle, and Parts Manufacturing: 336991
Recent Events
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Lehman Trikes Announces Retirement of President and Chief Executive Officer and Names Successor
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Lehman Trikes unveils CrossBow trike
News & Analysis
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lehman trikes inc. - All News and Analysis
A rapidly growing cycle segment: Lehman shows off its unique, new trike and talks about its expanding market.(MOTORCYCLE)
Lehman Trikes recently unveiled the result of one of its fairly new relationships with three major motorcycle manufacturers. The Canadian trike builder showcased its new Pit Boss, a Victory-powered three-wheeler that Lehman calls a first for the trike industry. ...
December wrap-up: whew! If 2007 is anything like 2006, we're going to need clones. ...(One trackmind)
It gets pretty crazy around Rider's cube-farm-with-a-view in the fall, what with all of the new motorcycle models, intros and big domestic and overseas shows to attend where they're all revealed. So we're pretty happy to have a new Road Test Editor, Troy Siahaan, on the...
Lehman Trikes taps GE Consumer Finance.(DIGEST)(Company Profile)
GE Consumer Finance's Retail Sales Finance unit is partnering with Lehman Trikes, a leading manufacturer of motorcycle three-wheel conversions, to offer a new consumer credit program beginning this month. GE Consumer Finance's Retail Sales Finance unit is partnering with Lehman Trikes, a...
Lehman Trikes revs up marketing effort with GE Consumer Finance and Tyco to report first quarter results February 2, 2006.
M2 PRESSWIRE-9 January 2006-US Financial Network: Lehman Trikes revs up marketing effort with GE Consumer Finance and Tyco to report first quarter results February 2, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:09012006 Conglomerate industry news provided by Financial News USA (OTC: FNWU) Continuing...
Lehman Trikes Revs Up Marketing Effort With GE Consumer Finance; GE's Retail Sales Finance Unit to Provide New Retail Financing Program
ST. PAUL, Minn. -- Continuing its growing service to the powersports industry, GE Consumer Finance's Retail Sales Finance unit is partnering with Lehman Trikes, a leading manufacturer of motorcycle three-wheel conversions, to offer a new consumer credit program, beginning in January 2006.
Hinge lifts lid on trike trunk
Kren, Lawrence Machine Design 12-09-2004 Hinge lifts lid on trike trunk Byline: Kren, Lawrence Volume: 76 Number: 23 ISSN: 00249114 Publication Date: 12-09-2004 Page: 33 Section: NEWS Type: Periodical Language: English IMAGE PHOTOGRAPH Lehman Trikes, Westlock, Alberta, Canada (lehmantrikes.com) converts high-end touring motorcycles into trikes for the added...
New board member at Lehman Trikes.(HotNews)(Lehman Trikes Inc.)(Brief Article)
Lehman Trikes Inc. says a new board member was appointed by shareholders at the company's annual meeting, held June 5. Daniel W. Patterson Sr., former president and CEO of Lockheed Martin Aircraft & Logistics Centers in Greenville, S.C. was tapped to fill the position....
Motorcycle Conversion Business Finds Niche in Oslo, Minn.
By Rona K. Johnson, Grand Forks Herald, N.D. Knight Ridder/Tribune Business News Oct. 19--OSLO, Minn.--If you bought a bike, but now you really wanted a trike, Tim Gowan, owner of Street is Neat Custom Bikes and Trikes Inc., can fix that for...
Neat-O in Oslo
OSLO, Minn.-If you bought a bike, but now you really wanted a trike, Tim Gowan, owner of Street is Neat Custom Bikes and Trikes Inc., can fix that for you.Although it may sound like child's play, the bikes Gowan deals with are definitely adult-sized.Gowan, 47, had been restoring motorcycles...
Three for the GL1800: Lehman Trikes Monarach and Motor Trike Spyder: (RIDDEN & RATED).(Brief Article)
Motorcycle riding is about freedom, the road and the wind, the thrill of acceleration and leaning into a turn.., and often, about getting out there with your riding buddies. The lure of the open road is especially popular among the luxury touring crowd, and this is also...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Larry Strilchuk | CEO, Canada |
| Timothy Kling | Cfo |
| Kennon D. Hines | Executive Vice President |
| John Lehman | Founder |
| Jim Wild | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Les Brown | Chairman, Chartered Accountant and Independent Businessman |
| Dan Patterson | Board of Directors |
| Marc S. Rose | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | CEO, Canada | Current |
| Lehman Trikes Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Executive Vice President | Current |
| Lehman Trikes Inc. | Vice President, Business Dev & Customer Support | Current |
John Lehman, Founder of present-day Lehman Trikes, created the first Lehman trike in his garage. John's wife Linda and their two small children were not able to share John's enthusiasm for riding, for Linda was not comfortable riding a conventional motorcycle with one of her children behind. A trike was the answer. With a 1981 Honda CB900, John created "Number 1", using a 7.5 inch Chevrolet Vega differential and a metal fabricated body. John's love for riding and family became a powerful combination that gave him the vision to think unconventionally. However, unlike many inventors, John's creation was well-received rather quickly. The benefits and pure enjoyment of the trike were obvious. After Number 1 sold, John's dreams began to swell. Like all small businesses, Lehman started with a few employees and a small work space. As they attended more motorcycle events and the word spread, more orders poured in. In 1993 Larry Strilchuk, long-time buddy of John's, became a partner in the business. Today, Lehman Trikes is publicly-traded and has created a new industry of three-wheeled motorcycles in North America. There are nearly 100 dedicated staff working for the company in two factory locations. The home factory continues to remain in Westlock, Alberta, Canada.The second plant was opened early in 2004 in Spearfish, South Dakota, USA. Sales, Marketing, Customer Service, R&D, Engineering, Production, Logistics, Finance and Adminstration work cooperatively between the two locations. The growing Lehman trike culture encouraged the development of additional services. In 2000, Lehman Pride was created. It is the only factory-sponsored trike owners group in the motorcycle industry. Financing and trike insurance are also available to Lehman owners. Lehman Trikes was a back-yard business that has become a showroom floor necessity for franchised and independent dealers worldwide. Their confidence in the product and the people behind it have taken the company to a new level. Though still new to some folks, most readily recognize Lehman Trikes as part of the motorcycle culture - just ask John and Linda you'll see them at most major motorcycle events alongside the tractor-trailer full of Lehman trikes decked out with Lehman accessories.
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Founder | Current |
| Lehman Trikes Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Chairman, Chartered Accountant and Independent Businessman | Current |
Graduate of University of Central Florida with MBA. Permanently certified manager (CM) from the Institute of Certified Managers, Former Corporate Vice-President and President of Lockheed Martin Corporation. President of Lehman Trikes, U.S.A., Inc. and COO of Lehman Trikes, Inc.
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Board of Directors | Current |
| Lehman Trikes Inc. | CEO & COO & Interim President | Former |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Lehman Trikes Inc. | Board of Directors | Current |
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