Detroit-based Shinola intends to open a permanent location in DC’s Midcity, according to The Washington Post. Launched by Fossil founder Tom Kartsotis, the company produces watches, journals, bicycles and leather goods, among other things with a mission to return manufacturing to the United States and more specifically, Detroit.

Last year, Shinola produced 55,000 watches and is on track for 170,000 this year. The company projects $80 million in gross sales for the first 18 months of production. Shinola watches range in price from $475 to $1,500 and bicycles from $1,950 and $2,950.
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Shinola watch – Photo: Huffington Post

Last Updated on November 22, 2014 by Ramin Seddiq