The company's first factory was founded in 1898 on the high banks of the Saucony Creek. In 1910, Russian immigrant Abraham Hyde started a shoe company in Cambridge Massachusetts , called Hyde Athletic Industries. Hyde became known for making athletic footwear. Hyde Athletic Industries bought Saucony in the late 1960s, and moved it to Cambridge. By the late 1990s, when Saucony became Hyde's dominant brand, the name of the company was officially changed from Hyde Athletic Industries to Saucony.