December 2015

This Day in History… December 1, 1913

U.S. #1286A – His system of mass production came to be known as “Fordism.”

Ford Installs Moving Assembly Line

On December 1, 1913, Henry Ford introduced his moving assembly line, which revolutionized both his own business and the future of mass production around the world.

Henry Ford began his first car making business, the Detroit Automobile Company, in 1899. After two years, it was reorganized as the Henry Ford Company. After disagreements with his partners, Ford left the company. When he found more investors, the Ford Motor Company was established in June 1903. It began making a profit by October. Within two years, the investors had made a profit of almost 300 percent.

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Posted in December 2015, This Day in History | 7 Comments