How Was The Ford Company Manufactured

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Ford continued his work despite this failure, and he successfully manufactured another, improved automobile in late 1901. With the backing of a group of wealthy investors who had maintained their faith in Ford, including Maybury, he was able to incorporate another company on June 16, 1903, this time under his own name- the Henry Ford Company. However, he faced the same problems in this company as he did in his first venture, and the investors were once again disappointed with his constant desire to improve his products before putting them into market. In the March of 1902, Ford became involved in a disagreement between him and his partners, Maybury and Lemuel Bowen. This conflict ended with him leaving the company, taking only his name and $900. After his leave, a consultant by the name of Henry M. Leland was brought in to evaluate the costs of the equipment used before they were sold. However the consultant convinced them otherwise, and Maybury eventually took over the company to continue the automobile business, renaming it the Cadillac Automobile Company. Their first …show more content…

Malcomson, to help provide financial backing for establishing another automobile company. This partnership, called the Ford & Malcomson, Ltd., gradually grew larger as more and more investors began to take part of the new company, and then on June 16, 1903, reincorporated as the Ford Motors Co. Ford then manufactured and introduced the “999,” a newly designed and improved vehicle, which proved its capabilities by establishing a record speed of 91.3 miles per hour. A racecar driver, Barney Oldfield, took the automobile around the United States to make the company better known. One month into their establishment, Ford Motor Co. assembled their first vehicle- Model A. The production was slow, only a few cars per day, and Ford brainstormed for a new and more efficient production technique to speed up the