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1870 At a time when the weaving industry was flourishing in Coventry, William Riley, (Junior) became a master weaver in his family's business, which also produced weaving machinery for sale to other businesses, an activity which provided him with a sound engineering knowledge.
1885 company founded by Arthur Bonnick
The weaving industry had entered a period of rapid decline, forcing William Riley to seek more profitable ventures
1890 Riley and his associates acquired the Bonnick Cycle Co., which they re-named the Riley Cycle Co six years later.