The Schwinn Bicycle Company emerged during the bicycle boom of the 1890s, a period where over 200 cycle manufacturers and small shops operated in Chicago alone. The company began operations in a factory at the northwest corner of Peoria and Lake Streets in Chicago. With the collapse of the bicycle market around the turn of the century, the company purchased March-Davis, a competitor which was operating on what was then the city’s far west side, and moved operations there.
Schwinn was born in Baden, Germany and moved to Chicago in 1891, attracted by the opportunities surrounding the Columbian Exposition. After working for bicycle manufacturer Hill & Moffat, and a brief stint designing bicycles for the International Manufacturing Company, Schwinn teamed up with Adolph Arnold to open his own company, Arnold, Schwinn, & Co.
The company celebrated its 50th anniversary in 1945 with Fifty Years of Schwinn-Built Bicycles, dedicated to the company’s founder Ignatz Schwinn, who was 85 years old that year. The book is illustrated with photographs of the factory, the Schwinn racing teams, and the bicycles the company produced .