Cannondale Corporation

Section 1
Introduction

Cannondale started in a crowded loft above a pickle factory in 1971. The chief executive officer and president of Cannondale Corporation was Joesph Montgomery. Based in Connecticut, Cannondale manufactures virtually all of its products in Pennsylvania, and operates subsidiaries in Europe, Japan, and Australia. Cannondale was so popular with cyclists worldwide they exported their American-made products to more than 60 countries. Cannondale has come a long way since it introduced the cycling industries first bicycle trailer. The company raised eyebrows in 1983 by offering an aluminum bicycle that was both lighter and more flex-resistant than the steel models that dominated the industry. But because it had earned a solid reputation for innovation and quality by that time, bike dealers and customers were willing to give the bike a try, and widespread industry skepticism quickly gave way to a host of imitators. Cannondale Corporation is a leading maker of hig...