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 subsidiary of Roth Corporation, a Milwaukee-based appliance distributor. In early 1976, with a payroll of five, Trek started manufacturing steel touring frames in Waterloo, Wisconsin, taking aim at the mid to high-end market dominated by Japanese and Italian made models. Trek built nearly 900 custom hand-brazed framesets that first year, each selling for just under $200. Later that same year Trek Bicycle was incorporated. In 1977, Penn Cycle in Richfield, Minnesota became the first Trek dealer in the world. Within three years, Trek sales approached $2,000,000. Hampered without additional manufacturing capacity, Trek sales plateaued in the late 1970s. In just