Henry Ford in the context of "Firestone Tire and Rubber Company"

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⭐ Core Definition: Henry Ford

Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist and business magnate. As the founder of the Ford Motor Company, he is credited as a pioneer in making automobiles affordable for middle-class Americans through the system that came to be known as Fordism. In 1911, he was awarded a patent for the transmission mechanism that would be used in the Ford Model T and other automobiles.

Ford was born in a farmhouse in Springwells Township, Michigan, and left home at the age of 16 to find work in Detroit. It was a few years before this time that Ford first experienced automobiles, and throughout the later half of the 1880s, he began repairing and later constructing engines, and through the 1890s worked with a division of Edison Electric. He founded the Ford Motor Company in 1903 after prior failures in business, but success in constructing automobiles.

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Henry Ford in the context of Ford Motor Company

The Ford Motor Company (commonly known as Ford, sometimes abbreviated as FoMoCo) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family. They have minority ownership but a plurality of the voting power.

Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. By 1914, these methods were known around the world as Fordism. Ford's former British subsidiaries Jaguar and Land Rover, acquired in 1989 and 2000, respectively, were sold to the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In the third quarter of 2010, Ford discontinued the Mercury brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938.

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Henry Ford in the context of Dearborn, Michigan

Dearborn is a city in Wayne County in the U.S. state of Michigan. An inner-ring suburb of Detroit, Dearborn borders Detroit to the north and east, roughly 7 miles (11.3 km) west of downtown Detroit. In the 2020 census, it had a population of 109,976, ranking as the seventh-most populous city in Michigan. Dearborn is best known as the hometown of the Ford Motor Company and of its founder, Henry Ford.

The first written settlement of Dearborn is from the 18th century by French Canadian voyageurs who initially called the settlement La Belle Fontaine or Place aux Fontaines because of the abundant springs in the city. Therefore, Dearborn was once named Springwells, an anglicization of the French name. The settlement was connected to the Detroit River ribbon farm communities and other farms connected to the Rouge River and the Sauk Trail. The community grew in the 19th century with the establishment of the Detroit Arsenal on the Chicago Road linking Detroit and Chicago. During the 20th century, it developed as a major manufacturing hub for the automotive industry.

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Henry Ford in the context of Fordism

Fordism is an industrial engineering and manufacturing system that serves as the basis of modern social and labor-economic systems that support industrialized, standardized mass production and mass consumption. The concept is named after Henry Ford. It is used in social, economic, and management theory about production, working conditions, consumption, and related phenomena, especially regarding the 20th century. It describes an ideology of advanced capitalism centered around the American socioeconomic systems in place in the post-war economic boom.

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Henry Ford in the context of Fordlândia

Fordlândia (Portuguese pronunciation: [fɔʁdʒiˈlɐ̃dʒjɐ], Ford-land) is a district and adjacent area of 14,268 square kilometres (5,509 sq mi) in the city of Aveiro, Pará, Brazil. It is located on the east banks of the Tapajós river roughly 300 kilometres (190 mi) south of the city of Santarém.

It was established by American industrialist Henry Ford in the Amazon rainforest in 1928 as a prefabricated industrial town intended to be inhabited by 10,000 people to secure a source of cultivated rubber for the automobile manufacturing operations of the Ford Motor Company in the United States. Ford had negotiated a deal with the Brazilian government granting him a concession of 10,000 km (3,900 sq mi) of land on the banks of the Rio Tapajós near the city of Santarém, Pará, Brazil, in exchange for a 9% share in the profits generated. Ford's project failed, and the city was abandoned in 1934.

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Henry Ford in the context of Childe Harold Wills

Childe Harold Wills (June 1, 1878 – December 30, 1940) was an American engineer and businessman. He was an early associate of Henry Ford, one of the first employees of the Ford Motor Company, and the chief contributor to the design of the Model T. After leaving Ford, he began his own automobile company.

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Henry Ford in the context of Ford family (Michigan)

The Ford Family is an American family from the U.S. state of Michigan. They are best known for their control of the Ford Motor Company automobile manufacturer which was originally founded by Henry Ford in the early twentiethcentury. Henry's grandson William Clay Ford Sr. and his family have controlled the Detroit Lions franchise of the National Football League since late 1963. The Ford family are also members of the Episcopal Church.

Although the Ford family's ownership stake in the automaker had declined to less than 50% of the company's equity as of 2010, the family retained operational control through a special class of stock that was established early in the company's history and retained when the company made its initial public offering in 1956. The family owns all of the company's Class B shares, which are collectively entitled to elect 40% of the company's board of directors, with the remaining 60% elected by the holders of the company's publicly traded common stock.

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Henry Ford in the context of Chevrolet

Chevrolet is an American automobile division of the manufacturer General Motors (GM). In North America, Chevrolet produces and sells a wide range of vehicles, from subcompact automobiles to medium-duty commercial trucks. Due to the prominence and name recognition of Chevrolet as one of General Motors' global marques, "Chevrolet" or its affectionate nickname Chevy is used at times as a synonym for General Motors or its products, one example being the GM LS1 engine, commonly known by the name or a variant thereof of its progenitor, the Chevrolet small-block engine.

Louis Chevrolet (1878–1941), Arthur Chevrolet (1884–1946) and ousted General Motors founder William C. Durant (1861–1947) started the company on November 3, 1911 as the Chevrolet Motor Car Company. Durant used the Chevrolet Motor Car Company to acquire a controlling stake in General Motors with a reverse merger occurring on May 2, 1918, and propelled himself back to the GM presidency. After Durant's second ousting in 1919, Alfred Sloan, with his maxim "a car for every purse and purpose", picked the Chevrolet brand to become the volume leader in the General Motors family, selling mainstream vehicles to compete with Henry Ford's Model T in 1919 and overtaking Ford as the best-selling car in the United States by 1929 with the Chevrolet International.

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Henry Ford in the context of Kingsford (charcoal)

Kingsford is a brand that makes charcoal briquettes, along with related products, used for grilling. Established in 1920 by Henry Ford, the brand is now owned by The Clorox Company. Currently, the Kingsford Products Company remains the leading manufacturer of charcoal in the United States, with 80% market share. More than 1 million tons of wood scraps are converted into charcoal briquettes annually.

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Henry Ford in the context of Allan Nevins

Joseph Allan Nevins (May 20, 1890 – March 5, 1971) was an American historian and journalist, known for his extensive work on the history of the Civil War and his biographies of such figures as Grover Cleveland, Hamilton Fish, Henry Ford, and John D. Rockefeller, as well as his public service. He was a leading exponent of business history and oral history.

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