New investor helps Renovo deliver production wood frames

By Stephen Frothingham

PORTLAND, Ore. (BRAIN) — Al Spinks’ investment in Renovo Bikes is helping the wooden frame maker double its production capacity and transition from custom to production frames.

Spinks is a Texas businessman who ordered a bike from Renovo, and later called to ask what he could do to get his bike more quickly. He talked to Renovo owner and president Ken Wheeler, who playfully answered, “bring money.” The following week Sprinks flew to Portland to visit Renovo’s shop.

“As a longtime cyclist, I’d been following Renovo for several years and was blown away by the size of their operation, their technology, and of course, the performance of their bikes,” Spinks said. “I immediately made the decision to invest upon seeing their state-of-the-art machines, tools and configurations in-process and watching their new designs come to fruition. And with this production-bike capability boost, our partnership becomes even more exciting and rewarding.”

The company has now invested in a state-of-the-art five axis CNC router, which it said dramatically increased production capabilities. Renovo is now building-to-inventory instead of building-to-order, meaning the time from ordering and shipping is reduced to just a few weeks.

The company is stocking up inventory of gravel, road, mountain …read more

Via:: Bicycle Retailer and Industry News