Word: harvey
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Dates: during 1950-1959
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Earlier in the week Coach Harvey Love rearranged his line-up, moving Geoffrey Locke, who had been at six, to stroke in place of Fritz Schwartz, bringing Charley Faulkner up from the jayvees to four for Charley Atkinson, who shifted to six, and finally inserting Henry Hammond into two for Art Hodges...
...peak profit of $55.4 million. Firestone's start in 1900 was as hard as the jolting, solid-rubber tires of that day. It had to buck furious price competition and inflexible patent monopolies, waited three years before turning its first profit. Then it moved fast. Founder Harvey S. Firestone Sr. developed one of the first pneumatic tires, went on to pioneer the first practical nonskid tire by stamping "FIRESTONE NONSKID" in raised letters on the smooth surfaces. Before he died in 1938, Firestone sales were well past the $500 million mark...
...started on a tour of his empire last week, Board Chairman Harvey S. Firestone Jr. of Firestone Tire & Rubber Co. took a long look ahead at the industry's future. "In ten years," he said, "world rubber consumption will climb 52% to 4,400,000 long tons annually. If demand is to be met, plans to expand must be put into effect now." Firestone did more than talk, he backed it with cash. His company announced plans for a $5,300,000 tire factory and a plantation in the Philippines which, starting in 1957, will roll...
...quiet, precise executive, Harvey Jr., the eldest son, stepped into his father's shoes at the age of 39. As a toddler he had pulled the lever to start the first Firestone tire plant operating, and like his brothers,* he went to work climbing through the ranks after graduating from Princeton. As president during World War II, he turned to synthetics, made Firestone the first U.S. company to produce man-made GR-S rubber on a large scale...
Like his founder-father, who gave millions to bring culture and civic beauty to Akron, Harvey Jr. believes that U.S. business must spend abroad for civic improvements, in addition to the cost of doing business. Firestone has spent millions in Liberia for roads, schools, hospitals, medical-research centers and power plants, once even lent the country $2,500,000 to help get its finances squared away. Says he: "It is only logical for a corporation to realize that the privilege of doing business carries with it an equal responsibility for the overall good of the community...