American Bicycle Company

Last updated
American Bicycle Company
Type Trust
Industry Bicycle manufacturing
Founded1899;124 years ago (1899)
Founder Albert Augustus Pope
Defunct1903 (1903)
American Bicycle Company 100 shares of stock (January 20, 1900) American Bicycle Company 100 shares of stock (1900).jpg
American Bicycle Company 100 shares of stock (January 20, 1900)

American Bicycle Company (1899-1903) was an American bicycle company (Trust) led by Albert Augustus Pope. The company was formed to consolidate the manufacturers of bicycles and bicycle parts. In the 1890s the advancements in bicycle design led to unprecedented demand for the new Safety bicycles. The "American Bicycle Company" trust only lasted for three years.

Contents

Background

Early Bicycles

Early bicycles received the name Boneshakers because they were made of wood with hard wheels. Next was the "High Wheeler" also known as the Penny-farthing which was difficult and dangerous to ride. [1]

Safety Bicycles

The Overman Wheel Company, founded 1882, was the first manufacturer of a safer bicycle in the United States: the design came to be known as a safety bicycle in the United States, in their factory complex in Chicopee, Massachusetts. [2] During the 1880s there was great demand for bicycles because of the advancements in safety and design. One of the major advances which helped bicycles become popular were chain driven cycles with gears which allowed the bicycle to use smaller wheels. Inflatable rubber tires were also a great advancement which helped to make bicycles practical and possible. [1]

The bicycle craze reached a peak in the 1890s when there were up to 4 million riders and 300 bicycle manufacturers. [1]

History

American Bicycle was founded by Albert Augustus Pope, owner of Columbia Bicycle. In 1898, the U.S. bicycle industry was caught in a downward spiral of market saturation, over-supply and intense price competition. Pope issued an affidavit stating that the American Bicycle Company was incorporated on May 12, 1899. [3] In an attempt to control supply and limit competition, 42 manufacturers (later over 75 companies) formed the American Bicycle Company and soon afterwards announced plans to open a branch plant in Canada called the National Cycle Company. [4]

Company failure

The American Bicycle Company only lasted a few years (from 1899 to 1903). Historians have not determined why the company failed but they have several theories. One idea was that the company was poorly organized, and another theory is that the various manufacturers involved in the company had different objectives. After the breakup the many different companies went back to competing. [5]

One contributor to the end of the bicycle craze may have been the advent of combustion engines which were initially applied to 4-wheel carriages. In early 1900 the resulting "motor car" or "automobile" and large-scale, production-line manufacturing of affordable cars was underway in Lansing, Michigan. [6] In the late 1890s and early 1900s manufacturers also installed engines on bicycles to create the first motorcycles. [7]

Gormully & Jeffery

American Bicycle later bought the Gormully & Jeffery Manufacturing Company which made Rambler brand bicycles. Rambler bicycle was obtained in 1900 after Thomas B. Jeffery sold it to focus on the Rambler automobile. [8]

See also

CCM (bicycle company)

Related Research Articles

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A bicycle, also called a pedal cycle, bike, push-bike or cycle, is a human-powered or motor-powered assisted, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A bicycle rider is called a cyclist, or bicyclist.

Rambler is an automobile brand name that was first used by the Thomas B. Jeffery Company between 1900 and 1914.

<span class="mw-page-title-main">Penny-farthing</span> Bicycle with a large front wheel and a much smaller rear wheel

The penny-farthing, also known as a high wheel, high wheeler or ordinary, is an early type of bicycle. It was popular in the 1870s and 1880s, with its large front wheel providing high speeds, owing to it travelling a large distance for every rotation of the legs, and comfort, because the large wheel provided greater shock absorption.

<span class="mw-page-title-main">Quadricycle</span> Small motorized four wheeled vehicle

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<span class="mw-page-title-main">Albert Augustus Pope</span> American businessman (1843–1909)

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<span class="mw-page-title-main">Motorized bicycle</span> Bicycle with an attached motor or engine and transmission

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<span class="mw-page-title-main">Thomas B. Jeffery</span>

Thomas Buckland Jeffery was a British emigrant to the United states who co-founded the Gormully & Jeffery company which made the Rambler bicycle. He invented the "clincher" rim which was widely used to fit tires to bicycles and early automobiles, and in 1900 established the Thomas B. Jeffery Company to make automobiles, again using Rambler branding.

<span class="mw-page-title-main">Sterling Bicycle Co.</span> 19th-century American bicycle manufacturer

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<span class="mw-page-title-main">Rambler (bicycle)</span>

Rambler was an American bicycle brand manufactured by the Gormully & Jeffery Manufacturing Company (G&J) in Chicago from 1878 to 1900 and subsequently by the American Bicycle Company.

CCM is a Canadian bicycle brand owned by Canadian Tire. The brand was first used by the Canada Cycle & Motor Co. Ltd, founded in Weston, Ontario in 1899. CCM dominated the Canadian bike market for much of the 20th century before becoming bankrupt in 1983. The CCM trademark was then acquired by Procycle Group, while the company's hockey assets were sold off.

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<span class="mw-page-title-main">Wheelie bike</span>

A wheelie bike, also called a dragster, muscle bike, high-riser, spyder bike or banana bike, is a type of stylized children's bicycle designed in the 1960s to resemble a chopper motorcycle and characterized by ape hanger handlebars, a banana seat with sissy bar, and small wheels. Notable examples include the Schwinn Sting-Ray and Krate lines and the Raleigh Chopper line. Other notable manufacturers and retailers that offered models include AMF, CCM, Columbia, Huffy, Iverson, J. C. Penney, Malvern Star, Monark, Murray, Ross, Sears, and Vindec.

<span class="mw-page-title-main">Overman Wheel Company</span>

Overman Wheel Company was an early bicycle manufacturing company in Chicopee Falls, Massachusetts from 1882 to 1900. It was known for bicycles of higher quality and lower weight than other bicycles of its time. Despite a nationwide bicycle craze in the late 1800s, the company was undercut by lower-priced competition, nearly went bankrupt in 1897, and never recovered from an 1899 fire. The company was sold in 1900.

References

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