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.
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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.
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Firestone
United States
Firestone Park
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Firestone Company
Firetone
America
Far East
Singapore
Firestone Park Bank
Firestone Insurance Fund