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| June
2003 Pic of the Month Alexander Malcomson |
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| Alexander
Y. Malcomson. Detroit’s largest coal dealer, Malcomson became Henry Ford’s partner in 1902. With Malcomson’s money Ford bought machinery and material to develop a prototype of an automobile. This eventually became Ford Motor Company’s first product. In 1906, after a dispute with Henry over the direction of the company, Malcomson sold his stock to Ford for $175,000. |
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© 2014 The Henry Ford The Henry Ford is an AAM accredited institution. The complex is an independent, non-profit, educational institution not affiliated with the Ford Motor Company or the Ford Foundation. |