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The Montague Company history
The Montague Company company history timeline
Montague Corporation was formed in 1987 by David and Harry Montague.
Montague obtained a patent for the bike design and the Concentrus system by 1987.
David Montague and his father started the folding bicycles firm, Montague Corporation, in 1988.
The company began selling in the United States market in 1988.
In 1989, Montague sold around 2,200 BiFrames worldwide.
While producing the BiFrame design, Montague worked closely with the Schwinn Bicycle Company, and in 1991 the Schwinn Montague M1000 was first marketed and sold through Schwinn dealers.
In 1996, the BMW/Montague Mountain bike was chosen as the Official Mountain Bike of the Summer Olympic Games in Atlanta.
In 1997, the Defense Advanced Research Projects Agency (DARPA) gave Montague a two-year grant to develop an all-terrain, heavy-duty, folding electric mountain bike that could be utilized by paratroopers.
In 1999 Montague launched a consumer line of bikes, the X-Series, based on the original Military Bike design.
In 2001, the company released the Paratrooper military mountain bike, which was a commercial, non-electric version of the TENS bike it had developed for DARPA.
In 2002 Montague partnered with General Motors to design and manufacture the HUMMER Tactical Mountain Bike, a version of the Montague’s popular military bike that folds to fit in the back of the Hummer H2.
On top of a single full-time sales representative, in 2007 the corporation had thirty-two salespersons in the United States that were making efforts to broaden the customer base.
In 2007 Montague released a new line of rugged mountain bikes based on the X-Series platform.
In 2008, Montague introduced the SwissBike line which featured the company's first mountain bikes designed for road use, including the SwissBike LX and SwissBike TX Commuter.
By 2009, Montague bikes were being sold in 18 countries with 400 dealers in the United States.
In 2010 Montague debuts a new frame design and with it, an entirely new line of full size, 700c folding bikes.
In 2011 Montague released the Octagon steering system as an after-market component.
In 2011, Montague added to its Pavement bike line with the Boston 8, the first folding bike to incorporate the Shimano Nexus 8 speed internal-gear hub.
Montague also continued releasing new iterations of their Paratrooper line with the Paratrooper Pro in 2012.
In 2013 Montague debuts the Custom line of framesets, making their award winning folding bike frame available individually for the first time.
In 2015 Montague launched the first official Park&Pedal program in the US in conjunction with the Massachusetts Department of Conservation and Recreation, and the Department of Transportation.
The program was expanded to more locales in the Greater Boston area in 2016.
It also launched several new models in 2016 including the Urban, Paratrooper Elite, FIT, and Allston, the first to employ a belt drive in place of a traditional bicycle chain.
Montague introduced a new folding system called "DirectConnect" in 2016.
In 2017 Montague released the Rackstand as an after-market component.
IvyPanda. (2020, August 12). Montague Corporation's History and Development. https://ivypanda.com/essays/montague-corporations-history-and-development/
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The Montague Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| KaTom Restaurant Supply | 1987 | $200.0M | 50 | - |
| Alto-Shaam | 1955 | $37.5M | 200 | 8 |
| Semblex | 1968 | $65.0M | 127 | 4 |
| Paris | 1964 | $102.0M | 100 | 17 |
| Swan | - | $99.0M | 750 | 18 |
| Royal Holdings Inc | 2001 | $63.0M | 107 | - |
| Americana | 1990 | $1.6M | 63,000 | 3 |
| MAX USA | 1942 | $6.0M | 10 | 14 |
| Steel City Corporation | - | $9.5M | 50 | 10 |
| Pegasus Products, Inc. | - | $3.3M | 25 | - |
The Montague Company history FAQs
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