CCM (cycle)
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| Private | |
| Industry | sporting goods |
| Founded | Weston, ON. (1899) |
| Headquarters | Montreal, QC, Canada |
| Products | bicycles |
CCM was an initialism for Canada Cycle & Motor Co. Ltd. The company would eventually split into two separate entities both maintaining the CCM trademark, one maintaining bicycle manufacturing and the other, CCM (The Hockey Company), producing hockey equipment.
The formation of C.C.M. came at the same time as an American bicycle industry consolidation: "42 manufacturers formed the American Bicycle Company and soon afterwards announced plans to open a branch plant in Canada called the National Cycle Company." C.C.M. was established "when the operations of four major Canadian bicycle manufacturers amalgamated: H.A. Lozier, Massey-Harris, Goold, and Welland Vale Manufacturing." "The company then accounted for 85 per cent of Canadian cycle production."
Around 1899 many smaller bicycle makers went out of business, and C.C.M. soon became Canada's industry leader.
In 1903, weakness in the bicycle market prompted C.C.M. to acquire the assets of Canadian Motors Ltd. (CML), a failed automobile producer. Tommy Russell, C.C.M.'s new general manager, saw an opportunity to diversify his company's product line.
In 1904, anticipating the growing market for motorcars, C.C.M. established the Russell Motor Car Company in Toronto.
In 1895, H.A. Lozier & Co. opened a bicycle manufacturing plant on St. Clair Avenue in the Town of Toronto Junction (as the town was then officially called). "Massey-Harris and Gendron Bicycles also moved some bike manufacturing to The Junction in the HA Lozier factory."
Montreal, Winnipeg and Vancouver, were originally part of a diversified network of C.C.M. manufacturing processes. By 1917, C.C.M.'s bicycle manufacturing operations had moved into a larger factory on Lawrence Avenue West east of what is now called Weston Road in Weston, Ontario where manufacturing continued until 1980.
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Wikipedia