Schwinn was sold in 1993 to the Scott Sports Group, which retained the Paramount name/trademark but sold off the Waterford factory.
It was purchased and is now run by Marc Muller, Richard Schwinn (the great grandson of Ignaz Schwinn) and George Garner.
This article is so good, I put three links to it on this page, so you wouldn't miss it!
This article had been unavailable for a while, but now has a permanent home on this site.
There are necked-down parts that fit into the top tube and down tube, like internal lugs. Muller has a very detailed explanation of this process, in his superb article: , also on this site. The Typhoon probably dates from the late '50's or '60's.
If I recall, it was what Schwinn called a "cantilever" frame, where the seat stays pass by the seat cluster and continue on in a graceful curve to join the bottom of the head tube.
Schwinn then partnered with 7-Eleven, establishing a team including Eric Heiden.If you like Stingrays and Krates (I don't...don't get me started!), check out the Stingray Universe If you are interested in Varsities or the Electro-Forging process, you .These rims, like the Chicago frames, were among the sturdiest ever built.The parts that say "Schwinn" were made by Schwinn in their enormous Chicago factory (which I had the pleasure of touring in the early '70's).Designating the width with a fraction instead of a decimal usually signifies a straight-sided rim, not a hook-edge rim. The most common difficulty is that the Schwinn 26 x 1 3/8 (I. Fast-forward to the 1960-70's, when Italian-made road and track bikes moved in to take over much of the mid- and high-end market. was made president of the company and promptly closed down all of the Paramount operations until they could be brought up to date.After the bike-boom of the early 1970's, Paramount was in a poor state of affairs in regards to competition and advancing technologies. Marc Muller, a young new Schwinn engineer, was given the responsibility to head up the project.I mention him and his background because he was instrumental in working with Frank W.Schwinn, Ray Burch and Schwinn's marketing department to develop the "total-concept store" as well as uniform work procedures, marketing, advertising and company service schools to keep all dealers up to date.For example, most "middleweight" Schwinns take 26 x 1 3/4 tires, which are hard to find, not 26 x 1.75 as used on other brands. It was an unqualified success, other than that it was very expensive to produce and showed little if any real profit potential.You might think that these are the same, but they are interchangeable with any normal tire of similar width, although its bead circumference is the same as the "650C" size used on some high performance 26" wheel bicycles. There are similar problems with other Schwinn tire sizes. 597 mm) interchanges with the British 26 x 1 1/4, not the British 26 x 1 3/8 (I. Sponsorship of 6-day riders produced a team to showcase the Paramount, the riders such as Jerry Rodman (The Michael Jordan of that time in Chicago) and the rest of the Schwinn Co. In time, the Paramount came in a variety of models but remained expensive to produce and purchase.