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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Motorcycles & Other Small Engine Vehicles > Excelsior-Henderson Motorcycle Manufacturing Company

Excelsior-Henderson Motorcycle Manufacturing Company
OTC: BIGXQ
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 PROFILE
Excelsior-Henderson Motorcycle's chopper business may be chopped up among its creditors. The company, which has emerged from bankruptcy, had planned to build heavy cruisers reminiscent of ones made by predecessor Excelsior-Henderson Co. (founded 1876). However, distribution and marketing problems forced its owners to declare bankruptcy in 1999. Excelsior-Henderson was reorganized with the aid of investment firm E.H. Partners. Dakota Bank, one of Excelsior-Henderson's largest lenders, is suing E.H. Partners, demanding payment of a $4 million loan granted as part of the 1999 reorganization plan. Excelsior-Henderson may have to sell off assets, including its Minnesota factory, to pay Dakota Bank and other creditors.

 COMPETITION
American Quantum Cycles, Inc. (AQCY)
Harley-Davidson, Inc. (HDI)
Ultra Motorcycle Co. (UMCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 0.10
1-Yr. Sales Growth: 0.0%
Employees: 180
Revenue per employee: $555.56

 KEY PEOPLE
• Daniel L. Hanlon
    CEO
• Terrance Adams
    CFO

 CONTACT INFO
805 Hanlon Dr.
Belle Plaine, MN 56011
US
Phone: 952-873-7000
Fax: 952-873-5956
Online: Web Site

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