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February 16, 1959
How Our Sales Dollar Was Distributed
On The Cover;
THE SIX FIELDS
Photos from the Six Fields of
Firestone form a dramatic front
cover of this special report issue.
The fields are rubber, metals, plas
tics, synthetics, textiles and chemi
With a world-wide network of 66
plants in 19 countries, Firestone
makes research, development and
production contributions in these
six major fields of industrial en
deavor vital to the welfare and
progress of mankind . . . contribu
tions in keeping with the pioneer
spirit and prime purpose of
The photos show: From Rubber,
an All-Traction tractor tire con
taining the new rubber compound,
Rubber-X, lifted out of a mold at
Plant 1 in Akron. The All-Traction
is an improved version of the com
pany’s Champion Ground Grip tire.
From Metals; Steel rims ready
for shipment in the warehouse of
the Akron plant of the Firestone
Steel Products Company.
From Plastics: Polymerization, or
the forming of solids for vinyl
resins from which plastic products
are made, takes place in large
glass-lined reactors in the resin
plant at Pottstown, Pa.
From Synthetics: Towering
stripping columns which remove
residual styrene from latex at the
Akron plant of the Firestone Syn
thetic Rubber & Latex Company.
From Chemicals: An operation at
the butadiene plant of the Firestone
Petrochemical Center at Orange,
From Textiles: The weaving op
eration for synthetic cord fabric
for Firestone tires at Firestone
Textiles, Gastonia, N. C.
For wages, salaries
and employee benefits
For materials, fuel,
and other expenses
For wear and tear on
buildings and equlpmenf
For interest on money
For cash dividends
For woricing capital
DISTRIBUTION OF SALES DOLLAR — This chart gives a quick,
clear picture of how the Firestone sales dollar was distributed during the
fiscal year ending October 31, 1958. It may be noted that taxes took about
six times as much of income as did dividends to the company^s owners,
the stockholders. It also may be noted that, besides costs for materials,
fuel, transportation and other outside expenses, employees received more
than all other items combined, in wages, salaries and benefits.
MANUFACTURING CAPACITIES were increased at Firestone
plants in Des Moines, Orange, Hamilton, Brentford, Sao Paulo,
Bombay and Port Elizabeth. Additional warehouse facilities were
constructed at Lake Charles, Hamilton and St. Louis. Shown above
is the world’s largest tire curing equipment, installed at the Des
Moines plant. L. D. Arnold, general foreman, checks operating valves.
SEVERAL MILESTONES in the manufacture of tires were
observed. Above, J. E. Trainer, executive vice president, watches
James Cox at Akron Plant 2 remove from a mold the company’s
50 millionth tubeless tire. Production of the 55 millionth tire at the
Los Angeles plant occurred simultaneously with the plant’s 30th
anniversary. Also, the Des Moines plant produced its 25 millionth tire.