Ford's Assembly Line Ushers in Era of Mass Production (1913) Henry Ford, an American engineer, introduced the world's first moving assembly line at the Ford Motor Company's Highland Park plant. The new technology reduced chassis assembly time from 12½ hours to less than 3; however, these innovations were hard on the factory workers, and many left the company. Ford's innovative solution to his employee turnover crisis was simple; he doubled pay and reduced shifts by one hour.
Ford was launched in a converted factory in 1903 with $28,000 in cash from twelve investors, most notably John and Horace Dodge, who would later found the Dodge Brothers Motor Vehicle Company. Henry Ford was 40 years old when he founded the Ford Motor Company, which would go on to become one of the largest and most profitable companies in the world, as well as being one of the few to survive the Great Depression. The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 100 years.
Ford's Assembly Line Ushers in Era of Mass Production (1913) Henry Ford, an American engineer, introduced the world's first moving assembly line at the Ford Motor Company's Highland Park plant. The new technology reduced chassis assembly time from 12½ hours to less than 3; however, these innovations were hard on the factory workers, and many left the company. Ford's innovative solution to his employee turnover crisis was simple; he doubled pay and reduced shifts by one hour.
Ford was launched in a converted factory in 1903 with $28,000 in cash from twelve investors, most notably John and Horace Dodge, who would later found the Dodge Brothers Motor Vehicle Company. Henry Ford was 40 years old when he founded the Ford Motor Company, which would go on to become one of the largest and most profitable companies in the world, as well as being one of the few to survive the Great Depression. The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 100 years.
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