On 12 July 2010, a fire destroyed Carter Brother's main warehouse and manufacturing facility, resulting in the loss of approximately 3,000 unsold SYM scooters. Carter and Charlie Carter, the company initially specialized in manufacturing agricultural machinery, lawnmowers and personal gardening equipment. Operating out of a 235,000 sq ft (21,800 m 2) office-production-and-warehouse facility in the small town of Brundidge, Alabama, 60 miles (97 km) south of Montgomery, Carter Brothers claims to be the oldest and largest continually operating manufacturer of go-karts and off-road buggies in the world. for exclusive distribution rights in the United States of America. In January 2006, SYM signed a partnership agreement with Carter Brothers Mfg. the company abandoned the SYM scooter distribution project for the US in exchange for assistance in developing the after-market go kart product and stocking the SYM upgrade lines for Carter Brothers Mfg. In an agreement reached with Carter Brothers Mfg. Malaguti USA ceased and became Martin Racing Performance and still carried some parts for the DD 50 and Jet Euro 50. Sanyang later cooperated with Carter Brothers Mfg. In 2004 Tomos USA negotiated with Sanyang for exclusive sales in the US, but the deal was called off later due to some disagreement on contact details. In 2003 an official importer, SYM America, organized by the Malaguti USA importer, began operations selling in the Southeast and Puerto Rico. Several hundred units were imported from the UK that were non-EPA, non-DOT certified and a rogue US distribution network developed. In 2002, SYM scooters began appearing in the US courtesy of a grey market importer SYM USA from West Palm Beach, Florida. In 2008, the two-wheeler division of The Kinetic Group was taken over by Mahindra, a leading manufacturer of utility vehicles in India. With Sanyang taking a minority stake, the management control will be retained with the Kinetic Group. In January 2006, Sanyang signed an agreement with the Kinetic Motor Company of India for a purchase of 2,065,000 equity shares and technical collaboration, which will amount to Sanyang holding an 11.1% (approx.) stake of the enhanced capital of Kinetic Motor Company Limited. The range includes the GTS scooter (available with 125 cc, 200 cc and 250 cc engines), the MIO scooter (50 cc and 100 cc), and two ATV models: the Trackrunner leisure ATV (200 cc engine), and the 250 cc Quadlander off-roader. In July 2005, Sanyang launched a new range of two-wheelers for sale in the European market. Sanyang also has ties with international companies like International Truck, Bombardier Recreational Products and Mahindra & Mahindra Limited in India. operates as sole distributor for Hyundai and manufactures Hyundai automobiles and mini-trucks in Taiwan. Its subsidiary company Nan Yang Industries Co., Ltd. Sanyang is a strategic partner of the Hyundai Motor Company since 2002. It has a subsidiary in Xiamen city, China, named Xiamen Xiashing Motorcycle Co., Ltd., and another subsidiary in Bien Hoa, Dong Nai, Vietnam, named Vietnam Manufacturing & Export Processing Co., Ltd. The Company has its main office in the Hsinchu Industrial Park in Hsinchu County, Taiwan. Sanyang Industry was renamed as Sanyang Motor Co. Sanyang instead signed a contract with Hyundai and currently assembles much of their lineup for the domestic Taiwanese market. As Sanyang's own motorcycles entered direct competition with Honda's products worldwide, the relationship was terminated in January 2002 and Honda began building cars themselves as Honda Taiwan Co. In 1969 assembly of small Honda cars ( N600, TN360) began. and entered a technical agreement with Honda in 1961 to begin local assembly of motorcycles, the first motorcycle manufacturer in Taiwan (30% local content). It was restructured into Sanyang Industry Co. In 1954 Sanyang Electrics was formed to manufacture dynamoelectric light sets for bicycles. SYM manufactures and sells scooters, motorcycles and ATVs under the Sanyang Motor brand, while it also manufactures automobiles and mini-trucks under the Hyundai brand. Founded in Taipei, Taiwan in 1954 by Huang Chi-Chun and Chang Kuo An, SYM currently has three major production facilities in Taiwan, mainland China, and Vietnam. ( Chinese: 三陽工業股份有限公司 pinyin: Sānyáng Gōngyè Gǔfèn Yǒuxiàn Gōngsī) (stylized as SYM) is a Taiwanese motorcycle manufacturer headquartered in Hukou, Taiwan. Sam-iông Kang-gia̍p Kó͘-hūn Iú-hān Kong-si
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