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Bankrupt Detroit's booming new industry: bikes

Stashed in: Cycling!, Michigan, Economy, Cycling

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I buy my bikes American-made, so I am very down with this trend.

Fascinating progression from cars to bikes:

The biggest Motor City bike maker, though, is Detroit Bikes. Founder Zak Pashak invested $2.5 million in a 50,000-square-foot factory (staffed by former engineers of General Motors and other carmakers) that mints about 10 bikes a day and has sold nearly 1,000 so far. Eventually he aims to produce as many as 50,000 a year.

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