News Tidbits (August 25th, 2008)
Lehman Trikes the foremost builder of three wheeler kits has announced that it will be closing it’s Westlock, Alberta, Canada fiberglass facility. Lehman cited increasing fuel and transportation costs as the main factor for the closing. Even though revenues increased, profitability declined causing the decision to cease production there. Company shareholders will still get their dividends while the workers will get severance packages. No word of where Lehman will produce fiberglass parts was given.