The company, known for the magnetic-actuated G2 Hub, sold to a precision manufacturing firm with dreams of dramatic scaling.
Canadian precision manufacturing firm North Arc Precision acquired Bend, Ore.’s Project 321, the company announced on its website today. Project 321’s assets will now exist under the umbrella of a newly formed stand-alone entity called Project 321 Inc. Those include the rig it built its reputation on: the G2 Hub,The company will relocate its operational base from Bend to a 42,000-square-foot facility in Mississauga, Ontario.
The announcement included this exciting tidbit — the G2 hub is being phased out, and a new hub is on the way. , is in the final stages of testing and its official release date will be announced this quarter. Project 321 will continue to support G2 customers with warranty and service needs,” said Project 321 in a statement.Liles initially founded Project 321 in Fresno, Calif. to produce motorcycle gas caps. In 2011, it began manufacturing hubs by sourcing parts from Industry Nine.
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