Since Cannondale came under the ownership of investor group Pegasus this spring, a number of important decisions have been made. Firstly, the loss-making and problem-plagued motorcycle production was discontinued in order to give the bike division, which was still operating profitably, some breathing space. The main plant in Bedford is now to concentrate exclusively on bicycle production - outsourcing this was never under discussion. Over 400 employees worked in Bedford at last count. Due to the recent decision to outsource the production of clothing and accessories, around 50 employees will lose their jobs. However, Cannondale hopes to re-employ at least some of them in other positions.