Dorel, the owners of Cannondale, are shutting down the long running USA manufacturing facility in Bedford, PA and moving production overseas.
Cannondale was always the quirky, unique one of the 'big three' (Trek/Specialized/Cannondale). Despite all the weird little missteps in the company's history (Moto company? Ugliest triple crown DH fork ever? The CF Raven MTB? The Lefty?) they were amazingly innovative (the Lefty, the HeadShok, pushing Alu as material, BB30, domestic production from day one, etc...)
It really bums me out to see this shift and the worst part is, I don't know why they didn't do it sooner...
More here: Cannondale's U.S. Manufacturing Ending
Bike Radar's coverage here.
grump grump grump