Belt-driven bicycle with a compact design that, like STRiDA, featured a belt drive. Other folding-bike manufacturers that have implemented a belt drive include U.S. company Bike Friday and Netherlands-based Bernds. In 2007, Gates Corporation developed a high-modulus synchronous belt and sprocket system called the Carbon Drive System. The belt’s pitch allowed for lower tension requirements to help prevent skipping. Lightweight, patent-pending sprockets have mud ports, openings under each tooth, which work to slough off debris. In 2009, an increasing number of bicycle companies, including Trek and "f"8 Cycles, offered belt-driven bicycles. While builders initially focused on single-speeds and internal hubs, in early
Giant Bicycles after workers at the Schwinn plant in Chicago went on strike in 1980, Giant became a key supplier, making more than two-thirds of Schwinn bikes by the mid-1980s, representing 75% of Giant’s sales. 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. In 1984, Giant also set up a joint venture, "Giant Europe," with Andries Gaastra of Dutch bicycle