Cycle News

Cycle News 2023 Issue 13 April 4

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/1496288

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KTM Hosts Grand Opening K TM North America, Inc. and Pierer New Mobility North America celebrated the official grand opening of Pierer Mobility AG's brand-new North American Headquarters in Murrieta, Cali - fornia, Tuesday, March 29. And they did it in grand style. Special guests from all over the world were invited for the festivities, which included a ribbon-cutting ceremony to offi- cially unveil the massive facili- ties dedicated to the company's premium motorcycle brands, KTM, Husqvarna Motorcycles, GasGas and MV Agusta; in addi- tion to bicycle brands Husqvarna E-Bicycles, GasGas Bicycles and Felt Bicycles, and high-end com - ponents under the WP brand. Pierer Mobility AG CEO, Stefan Pierer, and select members of the global Board of Directors were in attendance to celebrate the occasion. "This is an emotional day for me," said Pierer. "Exactly 30 years ago I started in the USA with only a dozen employees. Today we are Europe's leading powered two-wheeler group, we're selling approximately 100,000 units annually in the U.S. market, so more than one billion dollars in sales. The most impor - tant success factor for us is rac- ing; that is the driving force that pushed us over the years, even in the U.S. market. Building our new North American headquarters in Murrieta was the biggest single investment we've ever made, yet. We set a new standard for the whole U.S. market." In North America, the organi - zation has grown from 30 em- ployees in 2009 to almost 360 employees in 2023. CEO of KTM North America, Inc. and Pierer New Mobility North America, Inc., John Hinz, addressed the group. "Today marks a massive milestone in our company's history," Hinz said. "The campus and our facilities, this represents the single big - gest investment by our company, so thank you to Mr. Pierer. We designed these buildings for our employees, race teams, athletes and truly for our dealers across North America to help support WIND IN THE P32 Stefan Pierer, CEO of Pierer Mobility AG, and John Hinz, CEO of KTM North America and Pierer New Mobility North America, share ribbon-cutting duties at its new North American Headquarters in Murrieta, California.

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