henry ford
Henry Ford & The Ford Motor Company Henry Ford revolutionized American and consequently World industry with his pioneering use of the assembly line production method. ... Henry Ford was a great businessman and a great human being. ... The Ford Motor Company, Henry Ford’s legacy, has left its mark on every continent in the world. However, Ford didn’t gain his success solely on his innovation in the automobile industry. He was a friend to the middle class public as well as workers in his factories Henry Ford was born on a farm near Dearborn, Michigan, on July 30 1863, and was educated at district schools. ... That was just the beginning; June 16, 1903(ford.com) Henry Ford with eleven associates filed incorporation papers in the state of Michigan. ... As with most enterprises, Ford Motor Company’s beginnings were modest. ... 65, breathed more easily, and a young Ford Motor Company had taken it’s first steps. During the next five years, Henry Ford as chief engineer and later president , directed a development and production program that started in a converted wagon shop on Mack Avenue in Detroit and later moved to a larger building at Piquette and Beaubien streets (businesshistory. ... It was this idea combine with years of hard pioneering work, that help the company produce its ninth and most successful –thus-far automobile, the world famous Model T or as it was also known The Tin Lizzie (ford. ... Because of his improvement and expansion of the assembly line used to mass-produce automobiles, Ford sold more than one half of all of the cars sold in the industry between 1918 and 1925 (History 1900). ... Ford’s dream had come true, and also brought great financial success to his company. ... In 1913 Ford began using standardized interchangeable parts, and assembly-line techniques in his plant. Although Ford neither originated nor was the first to employ such practices, he was chiefly responsible for there general adoption and for the consequent great expansion of American industry and the raising of the American standard of living. ... Ford met this difficulty by doubling the daily wage then standard in the industry, raising it from about $2. ... With the increasing profits Henry Ford believed that most of the profits should be used to increase the size of the company’s factories, so he started construction of the River Rouge Plant.