83-84 Schwinn Paramount
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Photo Credit: VeloBase User pastorbobnlnh
Name: 83-84 Schwinn Paramount
Brand: Schwinn
Badge Type: Painted or Decal
Frame Types: Vintage Lightweights
Country: United States
Years: 1980's
Added By: pastorbobnlnh on 12/02/08
Updated By: JFischer on 12/03/08
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Headbadge Information
1983 Schwinn Paramount Head Badge Decal, Rainbow Style. 

In 1979 the Paramount Group ceased production in Chicago and in 1980 began building purely custom "Elite" Paramounts in Waterford, WI.  In 1983 Paramount offered a "Standard" frameset.  Only in 1983-84 was the Rainbow style decal used.  Richard Schwinn at Waterford Cycles has estimated that only about 350 Paramounts ever used this style of decal.
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Brand Information(click to expand)
Schwinns were made in Chicago, IL  USA up until the 1970's. Sometime in the 1970's, the Schwinn Chicago factory was organized by the United Auto Workers union, who felt that bicycle factory workers should be paid on the same scale as automotive workers. Unfortunately, the realities of the marketplace didn't agree, and Schwinn closed the factory, transferring most production to Japan (Panasonic) and Taiwan (Giant). Schwinn also built a factory in Greenville, Mississippi, but it didn't last, and even bought a factory in Hungary, but the deal fell through, and Schwinn never imported any Hungarian bikes to the U.S.

Pacific Cycle, founded in 1983, designs and markets bicycles and scooters under several brands, including Schwinn, Mongoose, DYNO, InSTEP, Roadmaster, Pacific Outdoors, and others. It's also a top maker of bicycle helmets in the US. Pacific Cycle, which outsources its manufacturing to China and Taiwan, got its operations in gear by buying Brunswick Bicycles, Schwinn/GT Corp., InSTEP, and PTI Sports, all within a few years. Dorel Industries owns Pacific Cycle alongside its popular Cannondale brand.

 
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