, formerly 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
, 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
, Goold, and Welland Vale Manufacturing."Norcliffe, Glen
Encyclopedia of Canadian History: '20th century belongs to Canada' to Canadian Youth Commission. Retrieved 2010-07-06.
Around 1899 many smaller bicycle makers went out of business, and C.C.M. soon became Canada's industry leader.
Russell Motor Car Company
In 1903, weakness in the bicycle
market prompted C.C.M. to acquire the assets of Canadian Motors Ltd. (CML), a failed automobile producer. Thomas Alexander Russell
, C.C.M.'s new general manager, saw an opportunity to diversify his company's product line.Vance,... Read More