The Cannonale Bicycle Corporation is a major American bicycle manufacturer, headquartered in Bethel, Connecticut USA with manufacturing in Bedford, Pennsylvania USA. The company was founded in 1971 by Joe Montgomery to manufacture backpacks and bags for camping and later bicycle trailers for bicycle touring. Today, Cannondale produces many different types of bicycles, specializing in aluminum (rather than steel, titanium or carbon fiber) frames at mass-market prices, a technology in which they were pioneers. The name of the company was taken from the Cannondale Metro North train station in Wilton, Connecticut.