Indian Motorcycle Company of Springfield, Mass.
Oscar Hedstrom and George Hendee formed a partnership to produce the first Indian Motorcyclers in 1902.
In 1903 a V-Twin was introduced.
Then in 1913, the Hendee Special was released.
The Indian Motorcycle Company became the biggest motorcycle manufacturer in the world with production over 20,000 bikes per year.
Hedstrom and Hendee eventually left the company.
Poor management followed that had the company treading the line.
Only Indian and Harley-Davidson survived the Great Depression.
During World War II, the Indian Motorcycle Company supplied over 40,000 motorcycles for the war.
Management were eventually forced to borrow from Brockhouse Ltd. in England.
After a number of management mistakes, Brockhouse Ltd. called in the debt.
Indian was divided up and sold to to Associated Motorcycles Ltd.
AMC dispensed with the Indian marquee in the late 1950's, then closed its own doors in the late 1960's.
In 1998, there was an attempt to revive the Indian Motorcycle by a series of investor groups.
The attempt eventually failed.
On July 26, 2004, Stellican Limited, a London-based private equity firm, announced the acquisition of the trademarks and related intellectual property of the "Indian".
Motorcycles
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