Word: goodyear
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Dates: during 1940-1949
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January sales of the Big Four rubber companies (Goodyear, Goodrich, Firestone, U.S.) were at record or near-record levels. Firestone shareholders were dazed by their chairman's glowing descriptions of ten new plants and additions. General Tire & Rubber, reporting a 61% increase in 1941 sales, told its stockholders "there is no occasion for fear and panic...
...produced more than 5,000 tons a year (less than 1% of U.S. consumption); it has lost money in eight of the last twelve years; its 1940 profits were only $324,000, about 20 days' earnings for a company like Goodrich.* Nevertheless all the Big Four rubber companies (Goodyear, Goodrich, U.S. and Firestone) have used guayule for years, know it can go into 80% of their products...
Neither Firestone in Liberia, Ford in Brazil, nor Goodyear in Central America, he says, have been able to find a combination of soil, climate, and labor to compete successfully with the Far Eastern plantations...
...Street, ground was broken for U.S. Rubber Co.'s new $2,750,000 synthetic rubber plant. This is the first of four plants planned by Defense Plant Corp., which handles the financing, leaves the management to the companies. The other plants will be run by Goodyear, Goodrich, Firestone. The U.S. Rubber plant when completed in about a year will have an annual capacity of 10,000 long tons-a little more than 1% of the 800,000 tons that the U.S. now consumes annually...
...coat of paint, a few piles of aluminum sheeting and some planning boards, but here eventually the 11,500 parts that make up the nose and center fuselage sections of the Martin bomber will be assembled, production-line fashion (there are 2,500 parts in the Plymouth sedan body). Goodyear is making the wings of this ship, Hudson the tail section, all for assembly in Omaha...