Zipp Speed Weaponry to expand

Indiana Governor Mitch Daniels joined executives of Zipp Speed Weaponry today to announce that the company will expand its design and manufacturing operations, creating 105 new jobs by 2013.

The company, which designs and manufactures wheels, bars and accessories for racing bicycles, will invest $12.4 million to construct a new 70,000 square-foot manufacturing and customer service center on the city’s northwest side.

"Despite what we are experiencing in the national and global economy, there are great companies, like Zipp, that are continuing to grow and invest in Indiana,” said Daniels. “Businesses are recognizing that Indiana is the place with a friendly environment for business and the new jobs being created by Zipp are evidence of that.”
Zipp, has over 50% of its sales outside of the United States, currently employs nearly 130 Hoosier associates at its manufacturing and design operations in Speedway. Zipp plans to begin hiring additional manufacturing and customer support associates in the second quarter of 2010 in preparation for commencement of operations at the new facility in July.

“Zipp Speed Weaponry has its roots in innovation; our growth is driven by it. We are known for creating new products, and even new markets, within the cycling industry. Because Indiana offers an innovative, business-friendly climate with a great workforce, we decided to expand our HQ and manufacturing operations in Indianapolis. We sincerely appreciate the support from both the city and state. We are pleased that the community recognizes our growth potential and we are very excited to continue our partnership,” said David Campbell, director of manufacturing at Zipp Speed Weaponry.


Established in 1988, the Speedway-based company has designed frames, wheels and bars for competition cyclists ranging from Ironman triathlon competitors to Olympic gold medalists. Zipp recently announced that the Astana Cycling team, featuring 2009 Tour De France champion Alberto Contador, will ride on Zipp wheels during the 2010 competition season.

About Zipp Speed Weaponry: Zipp Speed Weaponry was founded in 1988 with the sole mission of making athletes faster on their bikes. Over the course of the last twenty years, Zipp has done exactly that, by drawing on its core competencies of design engineering, composites knowledge, and wind tunnel development. It is these competencies that have allowed Zipp to deliver a series of firsts in the cycling industry. From the first carbon disc wheel to the first carbon crank to the first wheel to achieve negative drag in the wind tunnel. These firsts have helped Zipp athletes to become champions in the toughest races in the world, on the fiercest roads in the world, from the cobbled roads of Belgium to the Queen K in Kona. Zipp Wheels are handmade in Speedway, IN USA. www.zipp.com