PROFILE |
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Since 1895 Schwinn/GT hasn't tired of peddling its bicycles. Started by Ignaz Schwinn and Adolph Arnold as Arnold, Schwinn & Company, it pioneered the use of balloon tires and handlebar gear changers. Its bikes, mostly made in Taiwan, are sold under the Schwinn, GT, and other brand names. One of the leading US bike makers, Schwinn/GT also began making fitness equipment in the 1960s; it makes stationary bikes, treadmills, and steppers for home and commercial use. Family owned until 1993, it became a unit of Zell/Chilmark's Scott Sports Group, which moved it into the mountain bike market. Acquired by Questor Partners in 1997, the company, which filed Chapter 11 in mid-2001, doubled in size when it bought GT Bicycles in 1998.
COMPETITION |
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Cannondale Corporation (BIKE)
The Derby Cycle Corporation (dossier)
Huffy Corporation (HUF)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 400.00
1-Yr. Sales Growth: 0.0%
Employees: 1,000
Revenue per employee: $400,000.00
KEY PEOPLE |
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David Wathen
CEO
Mary Fenimore
CFO
CONTACT INFO |
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1690 38th St.
Boulder, CO 80301
US
Phone: 303-939-0100
Fax: 303-939-8200
Online: Web Site
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