As the parent company of such legendary brands as Schwinn and Mongoose, Pacific Cycle delivers some of the biggest names in outdoor recreation. But it’s not just the names customer’s trust, it’s the look and feel of our products, our superior quality, and our outstanding customer service that help us bring these premium brands to the hands and feet of our customers. With a wide rear wheel position, the Meridian tricycle provides more stability than a bicycle so riders of all experience levels can get around easily. The low standover aluminum frame makes it easy to get on and off, while the extra-large seat offers superior comfort on every ride. The identity conferred upon Schwinn by Pacific Cycle was the antithesis of the vision of its founders during the early part of the 20th Century.
The seating position nearly over the rear tire facilitated performing wheelies. Styling cues were also taken from muscle cars,[citation needed] and features included different sized wheels, with the smaller in the front, and square-profiled tires. Small, chromed fenders, a style borrowed from bobber motorcycles, were also popular. The Paramount was developed for track and road racing by Emil Wastyn, a 6 day racing frame builder, mechanic and Schwinn dealer in Chicago, who immigrated from Belgium.
An everyday electric bike from the makers of Cannondale and Schwinn that keeps your posture upright for long, fun rides. Check out our full line of electric bikes and accessories. Headquartered in Madison, Wisconsin, one of the most bicycle friendly cities in the USA, Pacific Cycle has locations in Illinois, California, Toronto (Canada), Poole (UK) and Shanghai (China). Our culture is as fun and lively as the lifestyle brands we represent where innovative ideas are welcomed and customer satisfaction is our top priority. Best suited for flat areas, this single-speed drivetrain is easy to use and simple to maintain, while the chain guard keeps your clothes and shoelaces free & clear. Schwinn Signature Bicycles, classics for all types of riding.
Marc Muller, a young new Schwinn engineer, was given the responsibility to head up the project. The Paramount operations were moved to Waterford, Wisconsin, where the Paramount was reborn with a modern factory and workforce. Schwinn then partnered with 7-Eleven, establishing a team including Eric Heiden. When 7-Eleven decided to hit the big time in racing, Schwinn went its own way due to a lack of funding.
The firm did not want the transaction to drag out because this would mean the company would miss the Spring bicycle selling season. China Bicycle which was one of Schwinn’s bicycle suppliers made a bid schwinn beach cruiser to acquire the company. Schwinn had previously purchased large amounts of China Bicycle stock. The Chinese company was wary that a competitor such as the Taiwanese company Giant might purchase Schwinn.
The deal was virtually complete for a Zell-Chilmark takeover of Schwinn. A deal that included the elimination of the China Bicycle Company debt was attractive to the other creditors because this raised the value of the remaining company assets. This increased the chances that they would receive higher payments for their debt.