Textron Financial Still Trying To Sell American IronHorse Motorcycles Intellectual Property

cyrilhuzeblogaihAs I announced on November 9, 2009, Streambank LLC, an intellectual property advisory firm, has been retained by Textron Financial Corporation to find a buyer for the intangible assets of American IronHorse. American IronHorse filed a petition for voluntary Chapter 11 bankruptcy proceedings on April 30, 2009. It had assets of $1 million and liabilities of $10 million.

Intangible assets include the following: The American IronHorse name, Trademarks, Patents and Certifications, Engineering documents, URL’s, Customer data, Motorcycle designs, Proprietary parts. A total Over 14,000 AIH motorcycles have been manufactured during the life of the company under different ownerships. Interested parties must contact Magaret Birlem at Streambank 207-669-2249 mbirlem@streanmankllc.com

45 Responses to “Textron Financial Still Trying To Sell American IronHorse Motorcycles Intellectual Property”

  1. 1 gabehcuoD Feb 4th, 2010 at 7:19 pm

    Bbbbwwwaaahahahahhahhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa !!!

    I want a 10 Million dollar AIH wall poster ! And a few Neon signs.. China might want this stuff, there looking to sell in the wrong country ! LOL

    Good luck Textron…

  2. 2 raycwheeler Feb 4th, 2010 at 8:38 pm


    raycwheeler usa

  3. 3 J Feb 5th, 2010 at 12:28 am

    Patents on these choppers? Gotta be worth $6, $7 bucks easy……..

  4. 4 FLAT TOP Feb 5th, 2010 at 1:15 am

    J: That was FUNNY ! I know a few rich dudes that might offer $5.00… Then they would roll those Patents and smoke’em….

    Kinda sad, but at this point its just a freaking joke !

    Are we seeing some sort of pattern here? Buell, AIH, and many other ‘name brands’ gone? IMOP, I think its much more than just the economy.

  5. 5 Rider2 Feb 5th, 2010 at 1:21 am

    I am actually very surprised the Chineese have not purchased this. They can probably make a tone of money making those bikes in China and resell them in the US for $10,000.
    This brand is dead. Plain and simple. Let’s move on.

  6. 6 Cade Feb 5th, 2010 at 8:05 am

    Any fool can see this brand is dead.

    What is your point ? Have you been in a closet for a few years ? Duh !!!!!

  7. 7 MDSPHOTO Feb 5th, 2010 at 9:11 am

    I don’t see a lot of value in the remaining IP from this company. You would have just as much chance of success, or failure, starting a new company as you would trying to revive this brand.

  8. 8 Little Joe Feb 5th, 2010 at 10:14 am

    Ha ha ha ha ha! The name “American Iron Horse” is toxic in this industry.

  9. 9 Little Joe Feb 5th, 2010 at 12:49 pm

    Ha ha ha ha ha! The name “American Iron Horse” is toxic in this industry.
    Should add great post. Can’t wait to seeing the next one!

  10. 10 bikerspaceman Feb 5th, 2010 at 6:41 pm

    I didn’t know the AIH ever had any intellectual’s working there, let alone any of their property!

  11. 11 Mikey Feb 5th, 2010 at 7:21 pm

    I think Textron deserves to keep all the AIH assets!
    As a former AIH dealer, Textron is as heartless as AIH was!
    Rest in Peace, both of you!

  12. 12 Rider2 Feb 5th, 2010 at 11:35 pm

    Cade… i am fully aware. I guess I am surprised we are still talking about those guys. Everybody knows this company is probably worth $100,000 at the most.

  13. 13 David Feb 6th, 2010 at 12:00 am

    Hello , what part of “intangible” do people not understand? What would you pay for those assets?

  14. 14 Jim C Feb 6th, 2010 at 11:09 am

    I don’t know about $100K but it would be worth something because of the parts. The replacement parts would be worth doing for all the bikes that are out there. I would think there would be a market for the parts. I know that the prices have gone up on whatever parts were left at this last round of the sell off. I wouldn’t mind having control of those intangibles. There may not be a fortune to be made but it would be worth doing if the intangibles could be purchased at the right price.

  15. 15 Bigalyts Feb 6th, 2010 at 2:01 pm

    Jim C give them a call Streambank LLC , whatever the SHARKS new name is. They already took some poor Scmuck’s money, a few MiL. Maybe they will take your Lunch money, also. THey HAD , HAD 1 Mil in Assets as of April 30,2009. Please somone tell them and Textron to go F_ _ K themselves. They Got Nothing of Value, to sell. PS. STREAMBANK LLC are F Y I all Ex- Employees of Bernie Madoff

  16. 16 Ching Gow Feb 7th, 2010 at 1:17 am

    I’ll give textron 5 bucks for everything.

  17. 17 Chief Waldo Feb 8th, 2010 at 12:25 pm

    The Chinese? Purchase intellectual property? Are you kidding? The Chinese have no respect for trademarks or patents. China is the infringing center of the world. Why would anyone there buy the rights?

  18. 18 al Feb 9th, 2010 at 10:34 pm

    With all respect, this thread is hardly worth comment but I must go on record as saying “ignorance beyond words”. The brand has power, which is why all the little self hating losers are busily crapping on it. The marque will fast become a cult icon, morons notwithstanding. No offense.

  19. 19 Jeff Feb 10th, 2010 at 2:23 am

    I wouldn’t be too hasty to write off AIH either. AIH is among a small handful of the last “American” motorcycles–and sadly that list doesn’t include HD that merchandises as much Chinese crap and foreign parts as almost anybody. An authentic statement of “American Made” still has value in America and to lots of American motorcycle riders. In addition to being authentically American made and a beautiful machine, IH actually runs too–putting it on an even more exclusive list of American made motorcycles. So the brand and engineering IP do have value and the $10mm number, btw, is meaningless as related to selling the brand and IP. AIH sold 3000 motorcycles in one year alone with virtually no marketing behind it – that’s very roughly a $90,000,000 revenue stream. Could be attractive to someone who would like to own a motorcycle company. It simply a matter of what someone might be willing to pay. But the creditors’ alternatives could be to get nothing too. If I had that kind of money to take a chance with, I think it would be a lot of fun to own it. And there are people out there that do and there is plenty of capital that’s looking for a place to be invested. Don’t bury that Horse just yet.

  20. 20 John Riley Feb 10th, 2010 at 7:36 am

    Really? Worth $10mm. Looks like streambank is doing some self promotion. I agree the brand has value but not in the millions. Maybe a few $100k.

  21. 21 al Feb 10th, 2010 at 10:55 pm

    I’m not advocating $10M. I don’t know if the IP has any cash value. The trolls who buy this sutff are typically predators, not value creators. I’m just tired of hearing know-nothings blow about how bad the product is. I have a 07 Slammer and it is a good product. It has the best of everything. SS engine, Daytec frame, PM wheels , etc. and killer styling. I can’t park it without drawing a crowd. And its value has dropped a lot less than some of my other “investments”. Maybe I just need to find another blog site.

  22. 22 Roadglide95 Feb 20th, 2010 at 8:48 am

    I also agree that those who never could afford a custom of this quality are the first to boast they knew it would happen. All the owners I have met were satisfied with the product and its reliability. A little money but the quality justified it. Made in America not only generated pride, but also jobs. The loss of jobs is the real shame here. The offshore brands take the profits home so if things fall apart here there is no big impact. The current economic situation which stung AIH is as evident at HD with dealers not moving inventory as fast as 5 yrs ago. Good Luck to the investors who buy AIH. As the economy grows their investment will too!

  23. 23 sheepdog Feb 22nd, 2010 at 4:32 pm

    American iron horse Rest in peace ….All the parts are gone and whats left is just memories . The company I work for bought inventory, also we have new american iron horse bikes in stock plus a few rollers If anyone needs american Iron horse parts feel free to email m_bestwick@yahoo.com . We ship world wide daily

  24. 24 Tejasbill Feb 23rd, 2010 at 7:42 am

    Hey guys,

    I’m basically a new rider. I bought my 2001 Tejas about 2 years ago. Sure it was used, but man it is beautiful. I guess what really sucks is that we are losing our American heritage and it is all going foreign. What most of us guys want are the uniqueness we get from our custom bikes. One of a kind type of feel. Sure we can buy a crotch rockets or a Harley, but if you have an opportunity to buy custom, well it makes it that much more special. As far as AIH, well that is sad. I don’t know the full history behind the company, but any company that falls under, you should be concerned and I don’t mean with them, but with the whole picture. So who is next? OCC, Big Dog, Big Bear, etc.. I guess if I had to pick, OCC might be next. Since Paul Sr. kids flew the coupe selling their New Dog toys and designer purses. The poor guy might just Call it a day and move on. I personally think that Big Bear will be the next one to keep your eyes on. They make some pretty hot bikes, But what it all boils down to today is…..Money. Pure and simple…..How long can we afford a 30 or 40 Grand bike when the imports are a dime a dozen. HA

    Well I’ll still fight for the underdog as long as I can. Here is an idea, to bad a hand full of average Joe’s with a pocket full of cash could buy what was left of AIH and put it back on the market for that American Rider. Sure revamp some quality and looks. Wow wouldn’t that be cool. Only in the movies.

    Well guys I have rambled on enough, but thanks for letting me put in my 2 cents. Now I’m rich!

  25. 25 Jeff Revill Mar 8th, 2010 at 8:07 pm

    I just found out about all this today. I bought an 07 Slammer Sept 07 and love it. Some of u guys on this blog seem pretty tickled to see an American cycle producer bite the dust. I don’t get that but I guess it’s just a blog and who gives a $hit what u think anyway? I’m hanging on to my bike. Anyone who knows where parts for it can be found out there? All I need now is a front headlight housing. revillmd@yahoo.com

  26. 26 Tony Mar 10th, 2010 at 2:39 pm

    I ride a 04 Slammer, I’ve put over 30K miles on it with no issues. I like the bike, and would buy another one. It has been a great bike. It sucks that the company was mismanaged into the ground.

  27. 27 Kim Mar 19th, 2010 at 4:25 pm

    Have any of you ever purchased a special order Harley Davidson then spent another $30,000.00 customizing it to still be a cookie cutter bike. I own 2 American Ironhorse bikes and nothing in the state of Maine touches them for the induviduality and just plain awesome looks. Never had a problem with the 01 Outlaw or the 02 Slammer. The company should be revived in the united states and a good marketing strategy put in place as they never did a good marketing job before. This company compared to the majority of foriegn crap that is now here diserves to live on!

  28. 28 scott waters Mar 30th, 2010 at 11:20 pm

    Does anyone know who now owns the rights to AIH? I can be reached at 817 307 5537. love or hate me, THE Scott Waters

  29. 29 Chad Faszczewski Apr 3rd, 2010 at 7:36 pm

    Looking for rear wheel for a 07′ and up Slammer. Preferably a Bandit style, but not picky, must have the 1 1/8″ pulley. Anyone have any ideas where I can locate one. One of the final parts needed to finish this build. Thanks for the help.

  30. 30 Rusler57 Apr 11th, 2010 at 12:54 pm

    Iwas an employee of American iron horse in the quality dept for 4yrs,first the yrs was great,I have inspected every part of these great machines,but as time went on they lost or layed off the ones that work there for the love of the finally prouduct,so many new mangment people that only wanted numbers,and didnt listen to quality.like most company numbers are more important then havin a great prouduct.the starter of this company got over run by the want for money,and lost what made them start it love of the finally prouduct.

  31. 31 Toby Jun 6th, 2010 at 3:29 am

    Why do all of you guys at the beginning of this blog run your mouths over something you no little about? It is obvious that you don’t know sh*t. I can tell by reading your blogs you know nothing or very little about the company. They shouldn’t let 12 year olds discuss motorcycles. I bet you all ride rice burners.

  32. 32 Copperhead Aug 20th, 2010 at 12:15 pm

    Sure enough to D*#% bad. Not only was AIH American made, it also was made in Texas. Seems like one of these Texas Oil Tycoons could pick this baby up and breath some life back into the Texas Chopper great looking bike and will be around long after the company has gone. Lone Star Chopper also known as the LSC. The Tejas and the Slammer and don’t forget the one I own the Legend. The company survived for 10 yrs almost 20 so these bikes are going to be around for awhile, I know mine will. Long live the Ironhorse with or without the manufacturer. The Indian is still around. The true lovers of American V-Twins will keep these bikes alive.

  33. 33 Tony Sep 19th, 2010 at 8:41 am

    I own a 05 Slammer, It is the finest and most dependable bike I have ever owned…I was so surprised to see out of all the custom bike manufacters out there that Iron Horse went under..they made a great machine..Long live the Iron Horse………….

  34. 34 AIH 2006 legend Sep 24th, 2010 at 11:07 pm

    This says it all!!!!! http://www.youtube.com/watch?v=izzlN2zC8PU Why is it that people of this country are so dead set on buying china products. I will drive miles and miles to buy American made products. i.e. I went to get a new pair of riding boots, at a well known boot store that has a huge selection. The ones I wanted were the black square toe boot’s. First place I looked was in the giant Harley display they had. Every thing with the “American” made Harley emblom on it was made in china. The only American made boot I could find was $15 cheaper and better quality. Called “Double H” boots here is a link, http://www.google.com/url?sa=t&source=web&cd=1&ved=0CCsQFjAA&url=http%3A%2F%2Fwww.doublehboots.com%2F&rct=j&q=double%20h&ei=rXOdTNeSE8Wclgfc5szuAg&usg=AFQjCNEJANofGzdd9mlrgoaH1cjhwwI2GQ&cad=rja

    I say !@#$ china, india, pakastan, japan, and all the other imported BS. When will people realize if we don’t work in the USA how are we going to have money to buy things in the USA. This is why you should always buy American made. I would like to see a mexican buy a $50,000.00 truck from GM. I work in the US I buy in the US. and that includes my Bikes. And there is no comparison to the quality.

  35. 35 tc Sep 25th, 2010 at 7:38 am

    have had a ton of harleys, yea their ok, bought a cafe racer xlcr way back when, beatiful to look at but it was junk…. have a twin cam, not real impressed, think aih had better quality control & more usa parts for sure than a hd, bought my first one a (tejas) got it for about 1/2 of what they retailed for…. liked it so much I built a second one, (slammer) everyone breaks their neck over it…..even picked up a paint set (factory paint) theres some pretty good deals out there on leftover parts from factory….got a 111 in her & its impressive…. once I get some more money together Id like to have a judge also, maybe Ill ditch the twin cam (dont like it anyhow) talked to sheepdog (earlier blog writer) he turned me onto a place in butler pa that seems to be buying all the inventory, they dont know what parts they have but when I described them they always seemed to find it…little hard to get ahold of but their #’s 724-282-7278 bill was pretty helpful……anyone have a nice judge, 07-09 for a 2002 dresser twin cam??????


  36. 36 TC Oct 27th, 2010 at 1:19 pm

    As usual on the internet there are a ton of idiots that know very little, they are the dweebs hiding behind their key boards.
    I have a Texas Chopper and I LOVE THIS BIKE!!!! I have over 20k on it for mileage and she looks and runs like brand new. I have a dozen friends that ride Texas Chopper’s and Legends and I can’t think of one of them that are sorry they bought them.
    Bring AIH back!!!!! Start with a loyalty program…. I am in for another!!
    Great Bikes!!!!

  37. 37 Trudge Oct 29th, 2010 at 3:38 pm

    I can’t get my frigin title because the AIH Certificate of Origin is missing. I own beautiful Pearl White and Chrome $30k paper weight.

  38. 38 Trudge Oct 29th, 2010 at 3:52 pm

    I own an 06 HD Ultra Classic and an 06 AIH Pearl White Outlaw and I love them both. If you guys would take a close look at things like welds, paint, and wiring you would soon see that quality of an AIH bike is far superior to anything else out there. I could have purchased anything I wanted but I purchased an AIH becuase of quality. I really wish AIH would come back.

  39. 39 ry Dec 1st, 2010 at 10:32 pm

    anybody know where I can get a service manual for the 06 tejas?

  40. 40 Chops Dec 18th, 2010 at 12:13 pm

    Hey “ry”, post an email address and I can send it to you……….

  41. 41 Mike J. Jan 26th, 2011 at 5:48 pm

    This site contains some very interesting views. During 2010 I bought a 2005 Texas Chopper from its original owner who had $40,000.00 invested in the bike. I paid $10,000 for it due to him wanting to get rid of it quick due to him having to relocate. I don’t know to much about the internal workings of American Ironhorse, but reading between the lines it appears that someone wanted to be as big of a sensation as Orange County Choppers once was. But as far as the actual motorcycle itself, I have never owned a bike that draws so much attention and receives the compliments that this bike does. I have had dozens of bikes with the bike before this one with the last one being a 2006 H.D. Sreaming Eagle Ultra. For the same money if you bought a brand new H.D. Sportster you wouldn’t even be noticed. I guess what I am saying is it is too bad someone with a good business sense could not pick up the pieces and make this an American Icon that it was meant to be?

  42. 42 dogman Jan 31st, 2011 at 10:33 pm

    i am real happy to here that everyone here is at least talking about aih. I never owned one but, man did i i want one. I hope that one rich dude can buy aih and try to bring it back to life. I am starting a new business and i wish i had some money to invest or try to buy it. I did something that i told my self i would never do.I went and bought a 2011 cvo road glide ultra. My worst fears happened. The dealer i bought from gave me a cold shoulder right after i bought it. I had to get all busnisess-up-on-them to get them to realize that they had f–k up. What i am getting at is what will we be saying about h-d if it goes down. _____Have some respect for an american product_________ Oh ya i do like my new b–i—t–c–h. sorry.

  43. 43 Tom S. Feb 12th, 2011 at 12:55 pm

    What ever happened to Scott Meyers?

  44. 44 Mickey 16 Mar 9th, 2011 at 7:27 pm

    I’am a proud owner of AIH, Legend, the workmenship on my bike is out standing from the paint to the chrome work, and the horse power behind it, so sad the company went under and alot of people lost there jobs, maybe a good investor or even some dealerships can get behind the horse and raise it back up, lets not lose are american made bikes. some of these investors should read these blogs

  45. 45 Tom S. Mar 12th, 2011 at 1:59 pm

    Would be great to have Tim Edmondson back to get AIH re-established.

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Cyril Huze