Wheel Manufacturer Dymag Racing Enters into Bankruptcy

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This article comes from AsphaltandRubber.com
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Despite signs that the economy seems to be bottoming out, UK-based wheel manufacturer Dymag Racing UK, Ltd has entered into bankruptcy. What appears to be beyond just a mere restructuring, the company’s assets are being auctioned-off, placing doubts as to whether the manufacturer will continue making wheel products after the bankruptcy process concludes.

Dymag’s history dates back to the 1970’s, where it was the world’s first producer of magnesium motorcycle racing wheels. Since then, the company has branched into the composite wheel segment, providing wheel solutions to the likes of Formula 1 and WRC, in addition to a bevy of motorcycle teams.

Now finding itself at the wrong end of its creditors, Dymag finds an assortment of the company’s industrial equipment up for auction, such as its CNC turning and machining centers, general toolroom machinery, and powder coating and ink manufacturing equipment.

If you’re interested in getting some equipment to run your own magnesium wheel manufacturing company, you can bid on the industrial equipment here.

Source: The Kneeslider



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I was talking to these guys a couple of weeks ago, after having Griff perform a service on my bike...he noticed that I was missing 2 studs from my sprocket carrier, got in contact with Dymag and they were BRILLIANT, had a brand new carrier dipped and new bearings added and posted within a few days.
Brilliant communications, very helpful and they done exactly as it said on the tin.
I did ask the guy if they were selling anything off cheap...they said the administrators would be auctioning off kit.....that might mean there may be some bargins on ebay