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Huffy Sports manufactured sporting goods, including the Hydra-Rib basketball systems used by the NBA. By 2006, Huffy had sold more than 100 million bicycles. After years of struggling against the cut-rate Chinese bicycles that set the price target guiding Walmart, Huffy essentially had become a Chinese-owned company. [17]
George Phillips Huffman (September 6, 1862 – December 31, 1897) was an American businessman. His Davis Sewing Machine Company, which began producing bicycles in the late 19th century, was the precursor to the Huffman Manufacturing Company (later became the Huffy Corporation), a manufacturer of bicycles.
Huffy hesitated for several months before agreeing to make the bike with the stipulation that if it was a flop, Peter Mole would buy all the left-over parts and bikes. The new bike, called the Penguin , was finally being sold in stores by March 1963 and was the first of this type to market.
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