American Bicycle Company 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. American Bicycle Company American Bicycle Company was an American bicycle company. 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. In an attempt to control supply and limit competition, 42 manufacturers (later
Trek Bicycle Corporation a few years Trek had outgrown its original "red barn" manufacturing facility—a former carpet warehouse. Recognizing the need for expansion, in 1980 Trek broke ground on a new corporate headquarters on the outskirts of Waterloo. Company co-founder Dick Burke would later recall that "it wasn’t until we built the new factory that we became a business." With more factory space available, Trek expanded its manufacturing to include complete bikes. In 1981 Trek entered the steel road racing bike market, introducing the "Pro" line, including the 750 and 950 models, and in 1983 Trek built its first mountain bike, the 850.