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Bridgeport Standard Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Standard Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Sep 15, 1919

Page

5

Firestone expands Akron plants to meet tire demand

Firestone reports both Akron plants now run at high capacity with 36 000 tires daily when updated equipment adds 16 000 tires at Plant No 2 and raises Cord tire output at the main plant. A $10 million 7 percent preferred stock issue is entirely taken by The National City Company to fund a new steel plant doubling Firestone Rims capacity. The ad emphasizes Firestone quality and distributor strength, urging dealers to fit Firestones for maximum mileage per dollar.

Akron National City Company Firestone Firestone Institution Firestones

Firestone Enterprise Expands Output and Reach

Firestone employs 17,000 with resources over 73 million and annual sales over 75 million. Daily factory output currently 22k tires and 25k tubes, rising to 36k tires and 40k tubes after new equipment. The company dominates truck tire tonnage, controls many rim types, and operates a Far East office in Singapore. It runs a fabric mill, a dedicated 3-inch tire factory, 63 branch cities, 42,000 dealers, and provides stock ownership to over 90 percent of workers.

Firestone United States Firestone Park

Also Mentioned on This Page

Firestone Company Firetone America Far East Singapore Firestone Park Bank Firestone Insurance Fund
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