Originally Posted by pastorbobnlnh

Saying Schwinn employees, which included Richard Schwinn, who bought the Waterford Schwinn plant, "had nothing to do with Paramount," is like saying the Pope has nothing to do with Roman Catholicism.

Re-read the history. Schwinn moved Paramount production from Chicago after 1979 to Waterford, where in 1981 they began making the next generation of Paramounts. Paramounts continued to be made through 1994. Waterford tried to buy the Paramount name, but Schwinn would not sell it.