Sink Or Schwinn

Many German business owners in the U.S. faced considerable scrutiny and sales losses as anti-German sentiment spread during both World Wars. To compensate, some went the extra mile to flag wave and prove their American patriotism. Having made their fame on the “WORLD” bicycle, they weren’t going to try to pass themselves off as nationalists. They would, however, make a point of celebrating the “Made in the USA” aspect of the brand above the “German engineering” element. Careful effort was also made to include plenty of wholesome “All-American” athletes, film stars, and other celebrities as Schwinn endorsers. Adolph Arnold had certainly played a vital role in indoctrinating Ignaz into the cutthroat world of frontier capitalism, but come 1908, a helping hand was no longer required.

Upon his arrival in America, Schwinn quickly found work with the Hill Cycle Manufacturing Company and rose readily to the level of plant manager. He managed the plant for two years while he searched for the time, place and money to launch his own venture. This he found with the collaboration of another successful German immigrant, Adolf Arnold. According to Pridmore and Hurd, Arnold invested $75,000 in the venture, and Schwinn offered his expertise.

schwinn bicycles

I gave it to my eye Doctors daughter, I did not know I would miss it so much. Ever since I gave it away, I was very sick, Kidney, Liver, and Diabetic. My father died of all this in the German Poisoner of war camp, no Meds, no Treatment etc. I found a place to stay in a Tax credit low Income Housing, no more bicycle, all alone, and my ex is living like a King. Now I’m 79, and hoping die soon, because I’m so longsome, and living of Memories is very hard.

But they’re all cranking back to life in the town that taught America how to build things. Judith Crown, who is a senior correspondent for BusinessWeek in Chicago and worked for Crain’s Chicago Business, started the book in 1992 after she heard that Schwinn was in serious financial trouble. With Glenn Coleman from Crain’s New York Business, they started investigating the reasons for the turmoil of America’s most notorious cycling brand. I work in marketing, I love sports and am thankfull for much of what life offers. This is a big contrast to the old bikes from the Schwinn brand which were reliable enough to sit for decades in your shed with no use and still be able to ride whenever you needed it. They are entry-level products at inexpensive prices but they do possess higher quality materials than most generic cheap bikes.

In a time when selling 10,000 of a particular bike was considered a success, the Sting-Ray sold 45,000 units in the first six months after its release. In 1972, Schwinn was making 6,000 bicycles a day with 2,000 workers in their Chicago plant and in 1974 an impressive 1.55 million Schwinns left the factory. Schwinn thrived through this hard time building a modern factory and buying other smaller bike firms; this allowed the company to engage in mass production of bikes that could be sold at lower prices. Schwinn fielded mongoose bmx bike a mountain bike racing team in the United States where their team rider Ned Overend won two consecutive NORBA Mountain Biking National Championships for the team in 1986 and 1987. By the mid 1970’s Schwinn’s Super Sport and Sports Tourer/Superior weighed a few pounds more than comparably priced bicycles at a time when light weight was increasingly important to customers of quality bicycles. Fillet-brazed frames are also more costly to produce than lugged frames because they are made by hand and require hand finishing.

His ambitions were a tad too big for the old country, however, and in choosing his next move, he carefully calculated Chicago as the ideal destination. For all its associations with the 1950s and ‘60s, though, Schwinn’s mid-century heyday was really just an easy downhill glide after five decades of determined, non-stop pedaling. Crew-cutted Eisenhower kiddos had Schwinns on their Christmas lists because Schwinn was already the name their parents knew and respected.

After a series of production cuts and labor force reductions, Schwinn was able to restructure its operations. The company renegotiated loans by putting up the company and the name as collateral, and increased production of the Airdyne exercise bicycle, a moneymaker even in bad times. The company took advantage of the continued demand for mountain bikes, redesigning its product line with Schwinn-designed chrome-molybdenum mongoose bmx bike alloy steel frames. Supplied by manufacturers in Asia, the new arrangement enabled Schwinn to reduce costs and stay competitive with Asian bicycle companies. In Taiwan, Schwinn was able to conclude a new production agreement with Giant Bicycles, transferring Schwinn’s frame design and manufacturing expertise to Giant in the process. With this partnership, Schwinn increased their bicycle sales to 500,000 per year by 1985.

A growing number of teens and young adults were purchasing imported European sport racing or sport touring bicycles, many fitted with multiple derailleur-shifted gears. Schwinn decided to meet the challenge by developing two lines of sport or road ‘racer’ bicycles. One was already in the catalog — the limited production Paramount series. The Paramount huffy mountain bike series had limited production numbers, making vintage examples quite rare today. The 1960 Varsity was introduced as an 8-speed bike, but in mid-1961 was upgraded to 10 speeds. Other road bikes were introduced by Schwinn in the early and mid 1960s, such as the Superior, Sierra, and Super Continental, but these were only produced for a few years.

The book is illustrated with photographs of the factory, the Schwinn racing teams, and the bicycles the company produced . But what eventually drove Schwinn into the turmoil that led the company to file for Chapter 11 in 1992 was it’s inability to cope with management and quality problems, as well as some unsuccessful investments. Basically, the company had to choose in where to produce bicycles at a more competitive prices. The Schwinns decided to turn to Taiwan and China, but even though suppliers like Tony Lo’s Giant Manufacturing made high quality products, unlucky sourcing desisions led to supply shortage, angry retailers and receding customers.

Though these are mechanical disc brakes, they offer superior stopping power compared to rim brakes. Schwinn has a phenomenal offer for beginner mountain bikers and casual riders who love the comfort and practicality of MTBs. Pacific Cycle bought what was left of this iconic American brand and started selling Schwinn models as “box store” bikes at Walmart, Target, and Toys R Us. However, many were left wondering if Schwinn bikes are still worth the money after the company was sold off to Pacific Cycle in 2001. Most models of Schwinn bikes have years of images and information via old catalogs, advertisements and Schwinn documentation.