Latest news with #AdamMiller
Yahoo
19 hours ago
- Business
- Yahoo
This Beloved Bike Brand Is Saved
This Beloved Bike Brand Is Saved originally appeared on BikeMag. There is no getting around the issues plaguing the bike industry today. With brands falling on hard times, closing, and restructuring, we are rarely treated to positive news for the industry. Most recently, the announcement of Revel Bikes' closing, many in the industry were shocked and frustrated, disheartened at the mismanagement of a brand that represented such a different way of doing things. Revel Bikes has created a truly special place for itself in the industry over the years, and the news of its downfall hit harder than Bikes has continuously operated in a very honest and real way. Historically, they didn't overreach in terms of growth; they stuck with what worked and didn't attempt to disrupt the industry in an unrealistic way. That is not to say they are not innovative—just look at the 3D-printed downhill bike or how the brand uses CBF suspension to create some beautifully capable bikes. A truly heartwarming instance of triumph landed in my inbox yesterday while I was riding back from the trailhead. Seeing a new email from Adam Miller, the founder of Why Cycles and Revel Bikes, that began with 'I'm buying back Revel,' I eagerly tapped in to see what the story was. As of this week, Revel Bikes is back to being independently owned and operated by its founder after years of being steered in a strange direction by a private equity owner who didn't understand or appreciate the original vision. But how did Revel Bikes find a point where it needed rescue? Revel began its journey in March 2019 with two mountain bike models centered on Chris Canfield's Canfield Balance Formula (CBF) suspension system. The brand quickly gained traction, becoming known as one of the industry's fastest-growing mountain bike manufacturers. Revel received numerous prestigious 'best of' awards and established a reputation for crafting bikes that their team of enthusiastic riders and engineers themselves wanted to ride. Revel was at the forefront of innovation during its formative years, showcasing projects like a fully 3D-printed carbon downhill concept bike developed in Silicon Valley using the latest in additive manufacturing. It also introduced FusionFiber wheels to the world—an advanced, recyclable, and durable composite rim created in Utah in collaboration with CSS 2021 and 2022, the company made moves and substantial investments to develop a top-tier supply chain, including establishing its facility in Taichung, Taiwan, and relocating carbon frame production to one of Vietnam's leading factories. This groundwork has continually paid off, and is evidenced by the recent launch of three new bikes that exemplify the highest quality the brand has ever offered. A private equity group acquired the company in October 2021, and founder Adam Miller remained involved through the transition, seeing that his passion project and globally recognized bike brand would be in good hands before his official exit in early 2024. 'The private equity firm had a very different vision for Revel than I did,' Miller says. 'They helped us by making heavy investments in manufacturing and supply chain that built world-class infrastructure—something I believe will benefit Revel for years to come. But they also pursued an aggressive growth-at-all-costs model that didn't align with the brand's DNA. High inventory, high overhead, and a rigid financial structure left little room for being nimble and adjusting to the times,' Miller received the news of Revel's decision to cease operations in April 2025 just one day before it was publicly announced. This prompted him to take quick action to re-engage and initiate the process of repurchasing the company he built back in 2019, which was not something he had ever planned on needing to do. 'When funding dried up in a tough macro environment, the company was forced to shut its doors,' Miller continues, 'When I heard the news, there was only one option in my mind, and I decided to step back in.' Miller didn't aim at this repurchase of his brainchild, but Revel means so much to so many. Adam saw the opportunity to breathe new life into the brand and couldn't stomach watching his creation fall from grace. From my experience of working closely with Revel and the team over the years, the news is profoundly moving and instills even more respect for the brand and its operations. Revel is now back under founder control with a clear direction: Make the best, most innovative bikes we can while supporting customers with world-class customer service. With a return to its roots, Adam plans to continue steering Revel with a smart, sustainable business ethos that works for riders and shops. Revel remains headquartered in Carbondale, Colorado, and will continue operating its facility in Taichung, Taiwan. This facility handles product quality control, sourcing, and complete frame and bike assembly, allowing for better oversight and higher-quality products. The company will continue to make innovative carbon full-suspension bikes using the CBF platform and its carbon gravel bike, the Rover. It will also bring back their boutique line of titanium bikes (formerly Why Cycles). 'Collaborating with Revel in the early days to develop the most refined carbon CBF bikes was a project I was truly passionate about. Now, with the original team coming back together, it's exciting to know that the vision will continue — delivering exceptional CBF performance on carbon frames remains the focus, and the future looks stronger than ever,' said Chris Canfield. Even more importantly for customers and retailers, the Taiwan facility enables direct shipping worldwide—bikes and frames shipped straight to riders and shops, with full warranty support, fast lead times, and a stable pricing structure less impacted by unpredictable global tariffs. It's a supply chain built for the long haul. The new Revel will adjust its operations to meet the needs of today's riding and retail environment with significantly improved retail pricing, better than anything seen since before COVID. This means more innovative inventory planning, fewer complete bikes in stock and more nimble assembly capabilities using our Colorado and Taiwan facilities. A refined dealer program will offer frame-only sales with no minimums so that shops can build custom bikes their way. Revel will also emphasize a stronger DTC infrastructure to provide better value and access to riders across the globe. 'This isn't about scaling fast or positioning the brand for resale,' Miller said. 'It's about building a company we're proud of—one that makes the best bikes we can dream of, takes care of its customers around the globe in the best way possible, and sticks around for the long haul. Revel is back, and we're getting to work.' The Ritual A 170mm travel enduro race bike with internal frame storage, loads of modern features, and the best CBF platform yet, is available now. Frames start at $3099, and complete bikes start at $5199. The ReRun Revel's first ebike using the Bosch SX motor, is available for pre-order now with a refundable deposit and will begin shipping to customers in July. Complete builds start at $6999. The Rascal SL This wildly refined and improved version of the bike that put Revel on the map, now made in the best bike factory in the world, with a stiffer, lighter, and better carbon layup, is available now with frames at $2999 and completes at $4999. The Ranger is available in two new colorways with two build kit options and framesets at $2999. Below is an inspiring letter from Adam Miller offers more insight into his decision to resurrect Revel and save what he created. My whole life has been shaped by bicycles. I started tinkering with bikes as a kid, and by the time I was 11, I was running a mini bike business out of my bedroom in Anchorage, Alaska, parting out used bikes and selling them on eBay. A few years later, when I was 14, I landed a job at our local bike shop, and that's when my future in bikes truly grabbed hold. I wasn't just wrenching and changing tires and learning about all sorts of bike companies and business models, I was getting more and more passionate and fascinated by bikes, the people who ride them, and with the kind of community that two wheels can my career evolved, and I started then sold my first company, I was lucky enough to travel all over the world and formed incredible relationships with people in manufacturing, distribution, and everything related to bikes, from factories in Asia to the trails in Colorado to shops across Europe. Those experiences led me to start Revel Bikes in 2015. Over the next four years, I worked on designs and logistics and developed Revel's first two carbon fiber mountain bike models – while also designing fun titanium bikes and running Why Cycles. I was surrounded by an amazing group of designers, engineers, and bike nerds, many of whom were also my roommates. We'd spend long days at the office, and nights in the living room tinkering with prototypes, dreaming about launch dayWhen we finally launched Revel in 2019 with just those two models, it took off faster than we ever imagined. We were just six friends in a warehouse in a small Colorado mountain town, and somehow, our ideas were was never just a company to me – it was a personal mission. We built the bikes we actually wanted to ride, rooted in quality, sustainability, customer service, and a genuine love of riding bikes and being outside in the mountains. I had an absolute blast working crazy hours and running the company for several fantastic years. In late 2021, I sold the company to a private equity group. I believed that with more capital and infrastructure, Revel could grow into something even bigger, while holding on to what made it special. I stayed on for a while to help with the transition, and then I fully stepped away in early 2024 when the company's mission started to deviate from my I left a year ago, I thought and hoped Revel would live on and continue to thrive, but that didn't happen. Last month, I found out, just a day before the public announcement, that Revel was shutting its doors. The employees, the community, the customers…we were all left hanging. This news was truly devastating to me – I had poured my heart into Revel for the better part of a decade, and I couldn't just let it disappear. So I bought Revel back, and now we're here to stay. The business is going to be smaller, leaner, and smarter, and the team and I are more motivated than ever to make Revel what we always knew it could be – a responsive, customer-oriented company with incredible, carefully crafted bikes that we want to ride and we think you will Revel re-emerges, we're planning to stay laser focused on what really matters. This company is not going to chase growth for growth's sake. We're going to create something we're proud of, for the long haul. We'll sell directly to riders, and we'll have a frame-only program for dealers with the hopes of seeing more epic custom builds. My team and I are committed to running everything with the same obsessive attention to detail that started in that bedroom bike shop in Alaska and that put Revel on the map in everyone who stuck with me and this company, thank you. To those just discovering Revel, welcome. We're just getting started, again.- Adam Miller, Founder & CEO, Revel Bikes This story was originally reported by BikeMag on May 21, 2025, where it first appeared. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
6 days ago
- Business
- Business Wire
Flint Hills Resources, LP to Showcase How mPACT2WO's Early Detection of Emissions With Real-Time Insights Enhances Safety, Reduces Risks and Optimizes Operational Efficiency
--(BUSINESS WIRE)--mPACT2WO: Who: Flint Hills Resources, LP, a leading refining company with operations primarily in the Midwest and Texas, is partnering with mPACT2WO, a Molex business, to leverage early-detection solutions as part of its comprehensive stewardship approach to reduce emissions, enhance safety, and drive operational efficiency. What: Adam Miller, operations manager, Flint Hills Resources, LP and Krishna Uppuluri, vice president and general manager at mPACT2WO, will demonstrate how mPACT2WO's Artificial Intelligence of Things (AIoT) solutions leverage early detection and real-time insights to address operational monitoring challenges and resolve logistical inefficiencies in pipeline and terminal operations. When: , Operations & Engineering Track Where: #ILTA 2025 Conference and Trade Show, Texas Ballroom B-C, George R. Brown Convention Center, Houston, Texas Why: Pipeline and terminal operators face increasing pressure to minimize environmental impact, meet stringent regulatory requirements, and enhance operational safety. Traditional monitoring methods often delay response times, resulting in greater product loss, higher cleanup costs, and increased compliance risks. Real-time monitoring solutions, powered by AIoT-driven insights enable early detection of emissions, minimize product loss, and reduce environmental and financial impacts. By implementing mPACT2WO solutions, Flint Hills Resources, LP is driving measurable improvements in safety, operational efficiency, and regulatory compliance while ensuring swift responses to operational challenges. The mPACT2WO solution leverages AIoT-driven advanced algorithms and real-time data processing to transform large, noisy datasets into actionable insights. This empowers boots-on-the-ground teams to detect anomalies early, perform efficient root-cause analyses, and implement timely corrective actions, all while alleviating the complexities of data management. By adopting this approach, operators can focus on what matters most – ensuring safety and achieving operational excellence. Engage: Join Mr. Miller and Mr. Uppuluri at the ILTA 2025 session to discover how to meet stringent regulatory requirements, minimize environmental impact, and enhance operational safety. Expand Visit mPACT2WO at booth #1139 to explore its suite of industrial-grade early detection solutions, transforming emissions and corrosion monitoring in the process industry. About mPACT2WO, a Molex Business mPACT2WO, a Molex business, empowers industrial operators to enhance their daily decisions with easy-to-adopt, early-detection digital solutions. By bringing the simplicity and usability of consumer apps to industrial operations, the operator-first approach accelerates boots-on-the ground transformation to enhance operational efficiency, compliance and safety while reducing over-monitoring and over-maintenance. The solutions are enabled by NextGen sensors, intelligent data analytics, and operator-trusted insights with operator-familiar work processes. mPACT2WO solutions for emissions and corrosion monitoring helps industrial sites reduce emissions, enhance process safety, and avoid unexpected corrosion and unplanned maintenance. For more information, visit or connect with us on LinkedIn.
Yahoo
12-05-2025
- Health
- Yahoo
FOUNDATION OF HOPE FOR RESEARCH AND TREATMENT OF MENTAL ILLNESS ANNOUNCES $6.25M INVESTMENT IN LOCAL RESEARCH PROGRAM AND GRANTS
RALEIGH, N.C., May 12, 2025 /PRNewswire/ -- The Foundation of Hope for Research and Treatment of Mental Illness (FOH) has reached a historic milestone in 2025, raising more than $5 million in support of breakthroughs in children's mental illness research for the Child and Adolescent Anxiety and Mood Program (CHAAMP), a new scientific research program within the Department of Psychiatry in the School of Medicine at UNC. This achievement marks the Foundation's first multi-year investment through the Campaign for CHAAMP, focused on addressing the nation's youth mental health crisis and closing the gap in child and adolescent mental illness research under the leadership of a world-class research team. "In a time of uncertainty, we are incredibly proud to continue investing in desperately needed seed research projects, and also help create a cutting-edge, CHAAMP program," said Shelley Belk, Executive Director of the Foundation of Hope. "The scale of our impact reflects the strength of our community, our mission, and our firm belief that research is hope." Additionally, as part of its continued commitment to advancing mental health research, FOH has awarded twelve new research grants totaling over $1.25 million to investigators in the Department of Psychiatry at UNC. This is the most significant single-year investment in scientific research since the Foundation's inception. FOH awarded the 2025 grants to Dr. Adam Miller, Dr. Elizabeth Andersen, Dr. Zachary Feldman, Dr. Guorong Wu, Dr. Robert Mealer, Dr. Parisa Kaliush, Dr. Yoonmi Hong, Dr. Rachel Presskreischer, Dr. Ranran French, Dr. Kelly Caravella, Dr. Roza Vlasova, and Dr. Christopher Sikes-Keilp. Learn more at: These projects address urgent needs across a wide range of topics, including suicide prevention, autism, anxiety, eating disorders, schizophrenia, dementia, and women's mood disorders, and many explore innovative approaches such as mobile brain stimulation, deep learning models, and experimental hormone stabilization to uncover new treatment possibilities. Since 1984, the Foundation of Hope has awarded over $10.7 million in research funding and leveraged more than $272 million in additional support from public and private sources. The Foundation of Hope is a 501(c)(3) nonprofit organization based in Raleigh, North Carolina. It is dedicated to funding mental health research, promoting awareness, and changing lives. For more information or to support this year's work, visit View original content to download multimedia: SOURCE The Foundation of Hope for Research and Treatment of Mental Illness
Yahoo
12-05-2025
- Health
- Yahoo
FOUNDATION OF HOPE FOR RESEARCH AND TREATMENT OF MENTAL ILLNESS ANNOUNCES $6.25M INVESTMENT IN LOCAL RESEARCH PROGRAM AND GRANTS
RALEIGH, N.C., May 12, 2025 /PRNewswire/ -- The Foundation of Hope for Research and Treatment of Mental Illness (FOH) has reached a historic milestone in 2025, raising more than $5 million in support of breakthroughs in children's mental illness research for the Child and Adolescent Anxiety and Mood Program (CHAAMP), a new scientific research program within the Department of Psychiatry in the School of Medicine at UNC. This achievement marks the Foundation's first multi-year investment through the Campaign for CHAAMP, focused on addressing the nation's youth mental health crisis and closing the gap in child and adolescent mental illness research under the leadership of a world-class research team. "In a time of uncertainty, we are incredibly proud to continue investing in desperately needed seed research projects, and also help create a cutting-edge, CHAAMP program," said Shelley Belk, Executive Director of the Foundation of Hope. "The scale of our impact reflects the strength of our community, our mission, and our firm belief that research is hope." Additionally, as part of its continued commitment to advancing mental health research, FOH has awarded twelve new research grants totaling over $1.25 million to investigators in the Department of Psychiatry at UNC. This is the most significant single-year investment in scientific research since the Foundation's inception. FOH awarded the 2025 grants to Dr. Adam Miller, Dr. Elizabeth Andersen, Dr. Zachary Feldman, Dr. Guorong Wu, Dr. Robert Mealer, Dr. Parisa Kaliush, Dr. Yoonmi Hong, Dr. Rachel Presskreischer, Dr. Ranran French, Dr. Kelly Caravella, Dr. Roza Vlasova, and Dr. Christopher Sikes-Keilp. Learn more at: These projects address urgent needs across a wide range of topics, including suicide prevention, autism, anxiety, eating disorders, schizophrenia, dementia, and women's mood disorders, and many explore innovative approaches such as mobile brain stimulation, deep learning models, and experimental hormone stabilization to uncover new treatment possibilities. Since 1984, the Foundation of Hope has awarded over $10.7 million in research funding and leveraged more than $272 million in additional support from public and private sources. The Foundation of Hope is a 501(c)(3) nonprofit organization based in Raleigh, North Carolina. It is dedicated to funding mental health research, promoting awareness, and changing lives. For more information or to support this year's work, visit View original content to download multimedia: SOURCE The Foundation of Hope for Research and Treatment of Mental Illness Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- Sport
- Yahoo
Gonzaga Transfer Portal Target Announces Commitment to Seton Hall
The transfer portal continues to challenge Gonzaga's roster rebuild for the 2025-26 season. On Saturday, the Bulldogs lost out on one of their top wing targets, as Rice transfer Jacob Dar committed to Seton Hall. The 6-foot-7 forward had been in contact with Mark Few's staff shortly after entering the portal, and many believed Gonzaga would be a strong contender for his services. Dar, who brings size, versatility, and reliable three-point shooting, would have filled a key need on the wing for the Zags. He averaged 7.5 points and 3.7 rebounds per game last season while connecting on 37% from long range. Instead, he joins a Seton Hall team that has quietly built one of the more intriguing portal hauls in the Big East. This marks the second setback of the day for Gonzaga in the transfer market. Earlier, San Francisco standout Malik Thomas announced his commitment to Virginia. Thomas, one of the WCC's top scorers last season, had also been on Gonzaga's radar as a potential high-impact addition. Advertisement While these developments are disappointing, Gonzaga did secure a valuable piece earlier this week with the addition of Adam Miller from Arizona State. Miller brings proven perimeter shooting—he hit over 42% of his threes last season—and is expected to give the Bulldogs a scoring punch from the guard spot. Still, Gonzaga's roster has a clear void. The staff continues its search for an explosive wing who can create off the dribble and help replace the production lost from Khalif Battle's departure. Or, an active defender in the wing to help replace Michael Ajayi. As the portal cycle continues, all eyes will be on whether the Zags can close on another high-upside playmaker to round out their rotation. Related: Why Gonzaga's Offense Should run through Braden Huff Next Season
