I'm a Riv spectator rather than owner, but I think I can answer this one:

In its earlier days, Rivendell had non-custom bicycles built en masse -- a 
'masse' being maybe a dozen of one size, at most -- by small high-quality 
builders, the most prominent being Waterford in WI and Toyo in Japan. 

Grant's official published position has always been that the two shops are 
of equivalent quality.
Those with multiple older Rivendells may have insights into the 
differences, if any, between Toyo and Waterford frames. 

For the longest time, there were models built in Taiwan, which were 
different than the models built in the expensive shops. As in, Hilsen = 
Toyo or Waterford; Hillborne = Taiwan.
This fell by the wayside, maybe with the pandemic, around the time the 
Appaloosa appeared. That was supposed to be the Taiwan Atlantis, and now 
the two kind of crowd each other.

Note that Grant has nothing but praise for his Taiwan builders.

I want to stress that this is all second-hand knowledge.
cheers -m

On Monday, November 4, 2024 at 12:28:14 PM UTC-5 cfic...@gmail.com wrote:

> I've occasionally seen this term in ads, posts, etc. What is the meaning 
> of it, and is it better than a non Toyo frame? 
>
> Chuck 
>

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