On February 7, 1938, automotive industry pioneer Harvey Samuel Firestone, founder of the primary American tire company that bore his name, dies at age 69 in Miami Beach, Florida.
Firestone was created on a farm near Columbiana, Ohio, on December 20, 1868. As a man, he worked as a salesman for a buggy organization and later became convinced that rubber carriage tires would provide a convenient ride than steel tires or wooden wheels. Around 1895, Firestone met a engineer in Detroit named Henry Ford, who was simply creating his 1st automobile. Firestone sold Ford a couple of rubber carriage tires, a meeting that marked the begin of a significant organization friendship and relationship between the two guys. In 1900, believing that the horse-and-buggy era was ending and the auto age starting, Firestone incorporated the Firestone Tire & Rubber Company in Akron, Ohio. (Akron, which may become defined as the world’s rubber capital, was also house to Goodyear Tire and Rubber Company, founded in 1898, and B. F. Goodrich, established in 1870.) Firestone started producing its tires in 1903 and 3 years later sold 2,000 sets of detachable tires to Henry Ford, in that which was the world’s largest tire order then. In 1908, Ford launched his 1st factory-constructed Model T automobiles. (By enough time production ended in 1927, a lot more than 15 million Model T’s had come off the assembly line it had been the all-time best-promoting car till 1972, when it had been surpassed by the Volkswagen Beetle.)
By 1910, Firestone’s income passed $1 million for the 1st time. The following year, the winner of the inaugural Indianapolis 500 auto race, Ray Harroun, drove a Marmon Wasp built with Firestone tires. By 1926, Firestone was manufacturing a lot more than 10 million tires each year, which represented around 25 percent of America’s total tire output. Around this time around, Firestone established its rubber plantations in Liberia, Africa, to be able to get away from Britain and the Netherlands, who controlled the rubber industry through production within their Asian colonies.
Harvey Firestone retired in 1932 and died in 1938. In 1988, the Firestone firm was acquired by Japan-based Bridgestone Corporation, a high worldwide tire manufacturer founded in 1931.