Unhappy information from Wisconsin a number of days in the past, Waterford Precision Cycles will now not be taking any new orders and plans to shut its doorways after fulfilling all present orders. As initially reported by Bikepacking.com, this closure will embrace Gunnar Cycles, as nicely. Waterford Precision Cycles has constructed {custom} bikes underneath the Waterford badge for 4 a long time, and fabricated Gunnar Cycles frames and forks as an choice for a lower-cost, manufacturing frameset obtainable in inventory, non-custom sizes.
It was means again in 1981 that Waterford took over the Schwinn Paramount manufacturing. Underneath the management of Richard Schwinn, the small bicycle body producer produced iconic hand-built {custom}, high-end, metal frames that grew to become synonymous with high quality craftsmanship.
After a lot of long-time workers are quickly to be retiring, Richard Schwinn has determined to retire and shut up store to spend extra time doing one thing else. I might think about after “doing the bike factor” for so long as the Schwinn household has, it might be a gorgeous thought to seek out one thing else to do in your later years.
In among the teams I comply with, the phrase (aka, the bike rumor) is that within the electronic mail Richard Schwinn despatched out to his current seller community, the implication was that any individual could take over the enterprise, in complete or partly. However that it isn’t firmed up sufficient to reveal any specifics.
Fingers crossed.
So, this might not be the ultimate finish for them, simply but. Keep tuned.
