Word: packards
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...obstacle: the long memories of manufacturers and investors, reluctant to put money into new plant that may be as useless five or six years hence as the Hog Island Shipyard was in 1923. The U. S. Treasury took the rap for Hog Island. Why should the stockholders of Packard Motor Car Co., for example, take the rap for $30,000,000 of new equipment which, after building enough Rolls-Royce plane engines to beat Hitler, might find its market destroyed by peace...
...Packard is no newcomer to the high-powered engine business. In 1917, tall, brusque, brilliant Colonel Jesse Gurney Vincent, Packard's chief of engineering and designer of its famed Twin Six, went to Washington with the original blueprints of the famed Liberty engine in his grip. There Colonel Vincent went into a huddle with a California aircraftsman named Colonel E. J. Hall. Five days later they came out with an improved design. Before the war's end Packard delivered 6,500 Liberties to the belligerents...
Making Liberty motors was Packard's introduction to big-volume production methods. After the war, shy, gentlemanly President Alvan Macauley ploughed his $10,000,000 war profits into a self-contained, beautifully tooled plant that has been an industry model for precise engineering. The plant continued to make airplane engines for the Government until 1925. And Packard became the fastest name in marine engines too. This arm of the Packard business got the company a fat Government contract last March: $2,000,000 worth of supermarine engines for the U. S. Navy...
...green-eyed Max Gilman is now faced with a different transformation. One of the many questions that probably bothered the directors this week: can Packard tool itself up to the job in 15 months? On that point a top-flight U. S. aircraft production man commented: "Marvelous things can happen in a period like the present. You might almost say the impossible becomes possible...
...disappeared from the airplane engine picture so far as the Defense Advisory Commission in Washington was concerned. His offer to build 1,000 airplanes a day, generously discounted by airplane manufacturers, was all but forgotten. And last week the order was offered to Packard. But Henry Ford had not counted himself out of the problem of national defense...