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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]
Ignaz Schwinn (April 1, 1860 – August 31, 1948) was a German-American bicycle designer, who co-founded, and eventually owned, the Schwinn Bicycle Company. He was born in the town of Hardheim , Grand Duchy of Baden , in 1860.
Ignaz Schwinn, founder of the Schwinn Bicycle Company; ... author and editor for the David C. Cook Publishing Company, buried with husband, T. Martin Towne, ...
When Schwinn decided to find a new source and in 1987 signed a contract with the China Bicycle Company to produce bikes in Shenzhen, Giant, under new president Bill Austin (formerly vice-president marketing at Schwinn), established its own brand of bicycles to compete in the rapidly expanding $200-and-above price range.
The company was operated by Richard Schwinn, [1] formerly of Schwinn Bicycle Company, and business partner Marc Muller. Schwinn (great-grandson of Ignaz Schwinn, who founded Schwinn Co. in 1896) was vice president of production for Schwinn Co., and Muller worked for Schwinn as a designer of the company's hand-crafted Paramount racing bikes.
America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...
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On this day in 1985, the first Blockbuster video store rental opened in Dallas, Texas. Blockbuster was founded by David Cook, who at the time had owned a computer software business. However, it ...