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SC cycling buys German company

SC Public Radio
Mike Switzer, host of the South Carolina Business Review

The German industrial base in our state has been growing its presence here for decades and continues to do so. But recently we learned of an acquisition in the cycling industry that continues that trend but in a new way when our next guest’s Upstate company purchased a German manufacturer of carbon fiber bicycle rims. Mike Switzer interviews Nicole Johnson, co-founder of Boyd Cycling in Greenville, S.C.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.