History of Fox Factory Holding Corp. (NASDAQ: FOXF)
In 1974, Bob Fox ran a small business distributing suspension components for motocross bikes with his brother Geoff. In 1977,[1] the company split into what became Fox Racing and Fox Head, Inc. under Geoff Fox, and Bob Fox's Fox Racing Shox parts production company, Fox Factory. A holding company, Fox Factory Holding, was established in 1978. Fox Factory produces suspension components for motorcycles, automobiles, all-terrain vehicles, snowmobiles, and mountain bikes.
Fox Factory went public in 2013. In December 2014, Fox acquired the cycling brand and assets of Race Face and Easton and in late December 2015, Fox acquired certain assets of Marzocchi's mountain bike product lines.
Fox Factory Holding Corp. designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. Fox Factory Holding Corp. is the holding company of FOX Factory, Inc. Our premium brand, performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Some of our products are specifically designed for and marketed to a variety of leading cycling and powered vehicle original equipment manufacturers ("OEMs"), while others are distributed to consumers through a global dealer and distribution network.