We have heard an as yet unconfirmed report that a second Taiwanese bike building company is looking to set up in Wales

Taiwanese invasion of Wales continues

Cycle Citi Corporation intend to build MTBs, folders and childrenĀ¹s cycles. The rumoured production target is 250 000 bikes in year one, increasing to 350 000 pa in 3-4-years

There will be painting, assembly and wheel building at the site. 150 jobs would be created.

Location? Bangor. Possibly.

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