01/05/2022
Despite their world-changing achievements, Thomas Edison and Henry Ford's genuine friendship is a delightful tale that few people have heard. Two of the men bought vacation homes in Fort Myers, Florida, because of their lifelong friendship.
The last breath of Thomas Edison was captured in a test tube and sealed with a cork, at Ford's request. To Henry Ford, Edison's "life and breath" remained in the tube. Friendship was very important to them.
30/04/2022
Five years later, in 1908, the highly successful Model T was introduced. Demand for this car was so great that Ford developed new mass production methods in order to manufacture it in sufficient quantities. In 1911 he established the industry’s first U.S. branch assembly plant (in Kansas City, Missouri) and opened the company’s first overseas production plant (in Manchester, England); in 1913 he introduced the world’s first moving assembly line for cars; and in 1914, to further improve labour productivity, he introduced the $5 daily wage for an eight-hour day (replacing $2.34 for a nine-hour day). Assembly-line production allowed the price of the Model T touring-car version to be lowered from $850 in 1908 (equivalent to about 18 months salary for an average wage) to less than $300 in 1925 (equivalent to about 4 months salary for an average wage).
30/04/2022
Henry Ford's first vehicle was the Ford Quadricycle. It was a simple frame with a gasoline engine and four bicycle wheels mounted on it that was Ford's first automobile. This quadricycle was completed in 1896. He built a 4-wheeled quadricycle with a tiller, a gas-powered 4-horsepower engine, and a transmission.
Henry Ford worked as Thomas Edison's chief electrical engineer In his spare time, he built the quadricycle. After reading an article in the November 1895 issue, he became interested in the subject.
28/04/2022
Ford Motor Company, American automotive corporation founded in 1903 by Henry Ford and 11 associate investors. In 1919 the company was reincorporated, with Ford, his wife, Clara, and his son, Edsel, acquiring full ownership; they, their heirs, and the Ford Foundation (formed 1936) were sole stockholders until January 1956, when public sale of the common stock was first offered. The company manufactures passenger cars and trucks as well as automotive parts and accessories. Headquarters are in Dearborn, Michigan.
28/04/2022
Detroit, Michigan's Ford Motor Company was founded in 1903. Henry Ford and his son Edsel were among the 12 founders. For him, it was all about raising money for his business to succeed. However, Henry's stake in the company would not last.
Henry and Edsel Ford bought out the other 10 owners of Ford Motor Company in 1919, allowing them to take full control of the company that bears their names. Detroit's Mack Avenue was the site of the first Ford plant.
