Overman Wheel Company
 The Overman factory | |
| Industry | Bicycle manufacture |
|---|---|
| Fate | Sold in 1900 |
| Founded | 1882 |
| Founder | Albert H. Overman |
| Headquarters | Chicopee Falls, Massachusetts |
| Products | Bicycles; later, sporting goods |
| Brands | Victor Flyer |
Overman Wheel Company was an early bicycle manufacturing company in Chicopee Falls, Massachusetts from 1882 to 1900. It was known for bicycles of higher quality and lower weight than other bicycles of its time. Despite a nationwide bicycle craze in the late 1800s, the company was undercut by lower-priced competition, nearly went bankrupt in 1897, and never recovered from an 1899 fire. The company was sold in 1900.
History
Albert Overman started the Overman Wheel Company in 1882 in Chicopee Falls, Massachusetts[1] with an investment of $62,000.[2]
Overman were the first American manufacturers of the safety bicycle.[1] In 1888 the company began making its own bicycles, with a staff of about thirty men.[2] At its height, the factory employed about 1,400 men in five buildings.[2] The factory produced 80,000 bicycles per year, the only bicycle factory at the time which made the entire bicycle.[2]
Victor Bicycle
The flagship product of the Overman Company was the Victor Bicycle. The Victor Bicycle made extensive use of interchangeable parts, an innovation which allowed the owner to make minor repairs, without bringing the bicycle to a professional mechanic.[1] The metal parts of the Victor bicycle were all steel; it was the first bicycle to use no cast metal parts.[1] The It was also one of the first bicycles to use a hollow pneumatic tire.[3]
By 1893, Overman's Victor bicycle was considered an elegant, premium machine, the "highest grade bicycle of 1893".[4] It was correspondingly priced at the high end of the market.[4] The Overman factory made the complete bicycle, including tires, saddles, rims, etc.[4]
By 1895, eight models of the Victor were offered; five heights for men, two heights for women, and a racer which was available in five different heights.[3] The 1895 Victoria Ladies' Bicycle sold for US$100.[5]
The Overman Wheel Company was a pioneer in using testing equipment to measure things like bicycle power output and tire elasticity.[1][3] This gave Victor bicycles a significant weight advantage over competitors of the time.[5]
The Overman factory complex was made up of three buildings, and was located in Chicopee, Massachusetts.[1] It was considered the "most complete bicycle plant in the United States."[1] The company had offices in Boston, New York, Detroit, Denver, San Francisco, Los Angeles, and Portland, Oregon.[1][3]
Downfall
Overman had contracted with the Spalding sports equipment company as their sole bicycle distributor.[6] This worked well for a few years, but by about 1892 or 1893, the two companies had a serious falling out. The two companies first brought lawsuits against each other for thousands of dollars.[6] Then they began competing head-to-head for the sporting goods market.[6] The Spalding company started making their own line of bicycles in their own factory in Chicopee Falls, and the Overman company entered the sporting goods market with baseballs, bats, footballs, and boxing gloves, "everything in the sporting goods line that the Spaldings made."[6]
Spalding wasn't the only new competition faced by Overman. In 1896, there was simultaneously a bicycle craze and an economic slump, such that hundreds of manufacturers got into the bicycle business.[2] People were buying bicycles, "whether they could afford them or not".[2] This created a massive over-production, followed by a crash in bicycle prices.[2] Despite this competition, Overman held firm to its $100 bicycle prices, which hurt sales.[6]
By December 1897, the company, facing bankruptcy, was in debt for over a half-million dollars, their shops closed, and hundreds of employees were thrown out of work.[6] Creditors extended a last-minute effort to revive the company on January 1, 1898.[7] By May 1899, the company was desperately trying to regain market share by slashing bicycle prices down to $40.[8]
A fire broke out at the Overman factory on November 23, 1899, creating considerable fire and water damage.[9] Overman sold his bicycle business to the Stevens Arms & Tool Co. of Chicopee Falls, MA in 1900.[10]
Overman Automobile Company
As early as 1899, Overman was turning his attention to automobiles. In 1901 Overman reorganized as the Overman Automobile Company, which sold a vehicle called the Victor Steam Carriage.[10] Sales were not very high, and the company merged with Locomobile Company of America in 1904.[10]
Albert H. Overman
Albert H. Overman was born in Fulton County, Illinois, on March 21, 1850.[5] He started experimenting with wooden human-powered vehicles in his youth.[2] He graduated from Illinois State Normal University.[1] In 1881 he left Chicago and moved east.[2]
He married Millie E. Benton in 1873.[1]
The Overmans lived in a mansion in Springfield, Massachusetts,[5] three miles from his factories.[2] They were known for entertaining lavishly.[2]
Overman died July 30, 1930, in Westmoreland, New Hampshire, of a cerebral hemorrage.[11]
References
- 1 2 3 4 5 6 7 8 9 10 Davies, William T. (1897). The New England States, their Constitutional, Judicial, Educational, Commercial, Professional, and Industrial History (Volume I ed.). Boston: D.H. Hurd & Co. pp. 414–418. Retrieved 8 February 2016.
- 1 2 3 4 5 6 7 8 9 10 11 "Overman's Struggle, Splendor, and Failure". New York, NY: The World. 29 December 1897. p. 9. Retrieved 8 February 2016.
- 1 2 3 4 "Harper's Magazine Advertiser" 60 (540). May 1895: 29–32. Retrieved 8 February 2016.
- 1 2 3 Bolder, Ben (29 July 1893). "The Bicycle Industry (from Scientific American)". Valley Falls, Kansas: The Farmer's Vindicator. p. 3. Retrieved 8 February 2016.
- 1 2 3 4 "1893 Overman Victor Flyer". The online bicycle museum. Retrieved 8 February 2016.
ompared to the heavy ‘upsloper’ safety bikes made in Great Britain and France at the same time, the light weight of these American frames is very impressive. Columbia and Victor perfected the technique of lightweight frame construction, which is what kept them ahead of the pack in the competitive bicycle industry.
- 1 2 3 4 5 6 "The Overman Failure". Rochester, New York: Democrat and Chronicle. 30 December 1897. p. 13. Retrieved 8 February 2016.
- ↑ "Again On Its Feet: The Overman Wheel Company Arranges to Continue Business". Wilkes-Barre, Pennsylvania: Wilkes-Barre Evening News. 1 January 1898. p. 1.
The creditors of the Overman Wheel Company ... have decided on a policy which will result in placing the company back upon its feet once more and the resumption of work in the big factory early next week.
- ↑ "Prices Reduced". The Watchman and Southron. 31 May 1899. Retrieved 8 February 2016.
- ↑ "Overman Plant Damaged". Brooklyn Daily Eagle. 23 November 1899. Retrieved 8 February 2016.
- 1 2 3 "The Victor Steam Car & The Overman Automobile Co.". American Automobiles. Retrieved 8 February 2016.
- ↑ "New Hampshire, Death and Burial Records Index". Ancestry.com. Ancestry.com. Retrieved 8 February 2016.
External links
- Photos of Victor bicycles
- "Victor Baseball Guide". Overman Wheel Company. 1896. Retrieved 9 February 2016.
- Victor Bicycles. Scientific American. 2 May 1891. p. 1. Retrieved 9 February 2016.
- "The Victor Steam Car & The Overman Automobile Co.". American Automobiles. Retrieved 9 February 2016.
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