Cannondale Bicycle Corp.

• Private
• US

Dow Jones Description

Cannondale has come a long way since its birth in a crowded loft above a pickle factory in 1971, when it introduced the cycling industry's first bicycle trailer. The company grew quickly during its early years, adding cycling apparel and accessory lines along the way while also earning a strong reputation for innovation and quality. That reputation proved invaluable when Cannondale introduced its first bicycle, a touring model, in 1983, followed by a road racing model and a mountain bike model in 1984. Cannondale raised the cycling world's eyebrows by equipping their bicycles with handcrafted aluminum frames that were both lighter and more flex-resistant than the steel models that dominated the industry at the time. Cannondale's reputation encouraged both bike dealers and customers to give the bicycles a try, and widespread industry skepticism quickly gave way to a host of imitators. Today Cannondale is the leading manufacturer of high-end bicycles, selling more than 80 models in over 70 countries worldwide. Widely regarded as the bike industry's leading innovator, Cannondale and its handcrafted bicycles have won numerous design awards including the "Publisher's Award for Innovation" from Bicycling magazine, "Technological Development of the Year Award" from VeloNews magazine, ""Best Of What's New" award from Popular Science, "Best New Products of the Year Award" from Business Week, "Design Recognition Award" from ID magazine, "Computer-Aided Design Award" from Design News...

President & CEO

Number of Employees 75

Contact Information

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