The Radavist first broke the story that Paragon Machine Works, a longstanding manufacturer of bicycle framebuilding components and tools, had closed. Now we’re back with a bit of good news. Paragon has sold the entirety of its intellectual property to Firsthand Framebuilding, a framebuilding supply and education company based in Portland, Oregon.
The sale includes 100% of Paragon’s design and copyright property, its brand name and trademark assets, as well as all of the associated tooling required to manufacture Paragon’s vast catalog of supplies.
Firsthand Framebuilding is a current Paragon dealer and the North American distributor for Reynolds steel/titanium bicycle frame tubing. Set to launch a much-anticipated framebuilding school in Portland this fall, Firsthand Framebuilding was founded as a resource for framebuilding education and a supplier of best-in-class tools and equipment associated with the trade. The alignment between Paragon and Firsthand helped facilitate this agreement.
Read more at Firsthand Framebuilding.