Schwinn Bicycle Company

Schwinn Bicycle Company
Company typeSubsidiary
FoundedJuly 14, 1895; 129 years ago (1895-07-14)
FounderIgnaz Schwinn
Headquarters,
USA
Key people
Edward Schwinn, President[1]
ParentPon Holdings (Pacific Cycle)
Websiteschwinnbikes.com

The Schwinn Bicycle Company is an American company that develops, manufactures and markets bicycles under the eponymous brand name. The company was founded by Ignaz Schwinn (1860–1948) in Chicago in 1895.[2][3] and became the dominant manufacturer of American bicycles. Schwinn first declared bankruptcy in 1992 and was restructured, in 2001 Schwinn again declared bankruptcy and was purchased by Pacific Cycle, now owned by the Dutch conglomerate, Pon Holdings.[4]

  1. ^ "President of Schwinn Bicycle Co. Edward Schwinn". Crain's Chicago Business. 2005. Retrieved November 2, 2017.
  2. ^ "Still a Family Business After 90 Years : Schwinn Remains a Bicycle Giant". Los Angeles Times. 1985. Retrieved November 2, 2017.
  3. ^ "Schwinn Ready to Sell Most Assets". New York Times. 1993. Retrieved November 2, 2017.
  4. ^ "Schwinn, Venerable Bike Firm, Files for Bankruptcy : Business: Company vows to remain in operation, but it seeks a merger or investor to restructure its debt". Los Angeles Times. 2016. Retrieved November 2, 2017.