Hobbico purchases HPI USA assets
#1
Hobbico purchases HPI USA assets
What does it all mean?
The departure of Alton, Robbers and the disappearance of the CR8. What does the future hold for HB USA?
Thirteen months after completing the Axial, ARRMA, Team Durango takeover, Hobbico have again swooped in – this time in aid of HPI’s North American presence - HPI USA. Through close sources NeoBuggy understands that Hobbico have reached an agreement with HPI USA to purchase all stock, thus keeping the company from going bankrupt. We also understand that further staff reductions and lay offs will take place as the company is restructured and slimmed down to only keep Research & Development and marketing departments in the US, a move to smaller office premises are also expected as of March 1st 2013. According to our sources the deal is limited to HPI USA and does not relate to HPI EU or Japan.
Some readers may recall the news of HB driver Jesse Robbers pulling out of the 2012 Worlds in December last year, initially moving to California to work full time designing for HB in February 2012 only to be let go ~ 9 months later along with several other HPI USA employees – the first public warning signs.
The departure of Alton, Robbers and the disappearance of the CR8. What does the future hold for HB USA?
Thirteen months after completing the Axial, ARRMA, Team Durango takeover, Hobbico have again swooped in – this time in aid of HPI’s North American presence - HPI USA. Through close sources NeoBuggy understands that Hobbico have reached an agreement with HPI USA to purchase all stock, thus keeping the company from going bankrupt. We also understand that further staff reductions and lay offs will take place as the company is restructured and slimmed down to only keep Research & Development and marketing departments in the US, a move to smaller office premises are also expected as of March 1st 2013. According to our sources the deal is limited to HPI USA and does not relate to HPI EU or Japan.
Some readers may recall the news of HB driver Jesse Robbers pulling out of the 2012 Worlds in December last year, initially moving to California to work full time designing for HB in February 2012 only to be let go ~ 9 months later along with several other HPI USA employees – the first public warning signs.
#2
Team Tekin
iTrader: (18)
What does it all mean?
The departure of Alton, Robbers and the disappearance of the CR8. What does the future hold for HB USA?
Thirteen months after completing the Axial, ARRMA, Team Durango takeover, Hobbico have again swooped in – this time in aid of HPI’s North American presence - HPI USA. Through close sources NeoBuggy understands that Hobbico have reached an agreement with HPI USA to purchase all stock, thus keeping the company from going bankrupt. We also understand that further staff reductions and lay offs will take place as the company is restructured and slimmed down to only keep Research & Development and marketing departments in the US, a move to smaller office premises are also expected as of March 1st 2013. According to our sources the deal is limited to HPI USA and does not relate to HPI EU or Japan.
Some readers may recall the news of HB driver Jesse Robbers pulling out of the 2012 Worlds in December last year, initially moving to California to work full time designing for HB in February 2012 only to be let go ~ 9 months later along with several other HPI USA employees – the first public warning signs.
The departure of Alton, Robbers and the disappearance of the CR8. What does the future hold for HB USA?
Thirteen months after completing the Axial, ARRMA, Team Durango takeover, Hobbico have again swooped in – this time in aid of HPI’s North American presence - HPI USA. Through close sources NeoBuggy understands that Hobbico have reached an agreement with HPI USA to purchase all stock, thus keeping the company from going bankrupt. We also understand that further staff reductions and lay offs will take place as the company is restructured and slimmed down to only keep Research & Development and marketing departments in the US, a move to smaller office premises are also expected as of March 1st 2013. According to our sources the deal is limited to HPI USA and does not relate to HPI EU or Japan.
Some readers may recall the news of HB driver Jesse Robbers pulling out of the 2012 Worlds in December last year, initially moving to California to work full time designing for HB in February 2012 only to be let go ~ 9 months later along with several other HPI USA employees – the first public warning signs.
R&D and engineers are still on board so new products/vehicles are still moving forward.
#11
Team is staying intact but as a team driver for 4 yrs now I know deep down changes are going to be made and I dont think for the better... I agree With Brian it is hard for me to see Joe being let go he has been by far a great assest to the team.....
SAVE JOES JOB!!!
SAVE JOES JOB!!!
#12
maybe the reason for Tessman's 1yr only deal and why HPI took over distribution for Hobao products, and why Kortz left Ofna.. there's been a trail for a long time