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Henry Ford: Ford Motor Company
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Henry Ford (July 30, 1863 - April 7, 1947) was a United States engineer and businessman. He started making cars in 1896 and found the Ford Motor Company. He developed the idea of system in which each worker has the duty to do one small part of the process of making something. His idea made it possible to produce cars in large numbers. He married Clara Bryant and had one child named Edsel Bryant Ford. Ford left home for Detroit, Michigan to start his mechanical career.
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Henry Ford (July 30, 1863 – April 7, 1947) was the founder of the Ford Motor Company and of modern mass production and assembly line techniques. His introduction in 1910 of the Model T Ford automobile revolutionized transportation and, indeed, American industry. As sole owner of the Ford Company he became one of the richest and best-known people in the world. He is credited with "Fordism," that is, the mass production of large numbers of inexpensive automobiles, coupled with high wages for his workers—notably the $5.00 a day pay scale adopted in 1914. Ford, though poorly educated, had a global vision, with consumerism as the key to peace. His intense commitment to lowering costs resulted in many technical and business innovations, including a franchise system that put a dealership in every city in North America, and in major cities on six continents.
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In 1925, Henry Ford formed the Stout Metal Airplane Division of the Ford Motor Company. As a result, the sale of Ford-built all-metal single-engine monoplanes began to the young struggling airmail, express and passenger airlines. This same year, the first experimental Ford Tri-Motor was built. In 1926 the first Wright "Whirlwind" engine equipped Ford 4-AT Tri-Motor came onto the market. It represented a tremendous technological advance over existing aircraft and it enabled Ford's new Airplane Manufacturing Division to become the world's largest manufacturer of commercial aircraft. Airlines quickly abandoned their primitive aircraft capable of only carrying airmail and one or two passengers and flocked to buy the Ford Tri-Motor.
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On May 26, 1927, Henry Ford watched the fifteen millionth Model T Ford roll off the assembly line at his factory in Highland Park, Michigan. Since his "universal car" was the industrial success story of its age, the ceremony should have been a happy occasion. Yet Ford was probably wistful that day, too, knowing as he did that the long production life of the Model T was about to come to an end. He climbed into the car, a shiny black coupe, with his son, Edsel, the president of the Ford Motor Company. Together, they drove to the Dearborn Engineering Laboratory, fourteen miles away, and parked the T next to two other historic vehicles: the first automobile that Henry Ford built in 1896, and the 1908 prototype for the Model T. Henry himself took each vehicle for a short spin: the nation's richest man driving the humble car that had made him the embodiment of the American dream.
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Henry Ford (July 30, 1863 – April 7, 1947) was the American founder of the Ford Motor Company and father of modern assembly lines used in mass production. His introduction of the Model T automobile revolutionized transportation and American industry. He was a prolific inventor and was awarded 161 U.S. patents. As owner of the Ford Company he became one of the richest and best-known people in the world. He is credited with "Fordism", that is, the mass production of large numbers of inexpensive automobiles using the assembly line, coupled with high wages for his workers. Ford had a global vision, with consumerism as the key to peace.
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Henry Ford failed twice at manufacturing before forming Ford Motor Company in 1903, at the age of 40. The company sold an impressive 1,700 cars in its first 15 months. In 1913, Ford inaugurated the first moving assembly line, significantly streamlining production. To reduce labor turnover, Ford announced in 1914 his intention to share $10 million of his company's profits with his workers, more than doubling their salary to an unheard-of $5 a day.
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