Page 4 Tire^tone 3J31Wi February 17, 1961 A NEW TIRE PLANT was built at Calgary, Alberta, Canada, to serve the fast-growing western Canadian markets. Harvey S. Firestone, Jr., chairman, cut the traditional ribbon to open the plant as T. M. Mayberry, president, Firestone of Canada; the Hon. A. R. Patrick, Alberta minister of industry and development; Deputy Mayor Bruce Watson; and the Hon. Douglas S. Harkness, federal minister of agriculture, joined him in the ceremony. If I have given you the idea, however, that we are concentrating chiefly on foreign markets, I should like to correct that impression by telling you that we are constantly modernizing our domestic facilities. The population of the United States recently passed the 180,000,000 mark and it has been predicted that by 1970 there will be some 90,000,000 cars and trucks in this country as compared with an estimated 68,000,000 in 1960, an increase of more than 32 per cent in the next ten years. Our forward planning is keyed to keep pace with this growth in domestic automotive ownership. The modernization programs which have already been completed in our plants in the United States have resulted in lower production costs, increased capacity, better control of quality and improved products. The new Firestone Synthetic Fibers plant at Hopewell, Virginia, went into operation in 1960, producing nylon and other plastic filaments. Firestone is the only rubber company producing nylon filament for use in its own tire cords. Further manufacturing economies and better control of quality are expected when we go into production of Coral and Diene synthetic rubbers and polypropylene resins at the Firestone Petrochemical Center at Orange, Texas, early this year. From these facts, it seems evident that we are in a business which has great possibilities for increased sales and profits during the Sixties both at home and abroad. And I can assure you that the Firestone organization is prepared to meet the challenges of the world of tomorrow, just as it has succeeded in meeting the repeated challenges of the world of today and yesterday. That is why “confidence” is a key word here at Firestone. We have confidence in the future of our country and in the future of our Company, and with good reason, since all signs point to a long- range period of progress and prosperity for many years to come. « * * TO TAKE FULL ADVANTAGE of these future opportunities, we rely on widespread research, development and testing, so necessary to the creation of new products and to the improvement of the quality and IN BETHUNE, FRANCE, a tire plant is nearing completion. Participating in the cornerstone laying ceremony for the new plant with Harvey S. Firestone, Jr., chairman, (center) were (left to right) Pierre Sainclair, a director of the French Company; Harry Chabane, Firestone France public relations; Edmund Evard, European man ager; George Vlober, a director of Firestone France; and Robert Cousin, prefect of Pas-de-Calais. A $6 MILLION CONTRACT was awarded to Firestone for the production of M-17 masks developed by the Army Chemical Corps. pH 391 performance of existing products. Our Company continuously engages in these activities in the fields of rubber, metals, plastics, synthetics, textiles and chemicals, because while it is true that our products, today, are superior in quality, we intend to maintain and increase our leadership in the years ahead. We believe this is good management, and apparently others think so too, and we are very proud that last year, a panel of 171 presidents of foremost American companies voted Firestone one of the ten best- managed organizations in the United States, based upon marketing strategy, organizational planning, research and development, the only rubber company to receive such an honor. For as long as I can remember, our Company has emphasized safety in its products, on the highway and in its plants. We participate actively in campaigns to reduce traffic accidents, to improve highways and to foster and encourage safe driving habits. And we try to set good exam ples by practicing safety measures in our plants, which last year compiled a record of only 1.7 injuries per million man-hours worked, a rate which is 32 per cent below the rubber industry average of 2.49. Many of our plants were cited by the National Safety Council for outstanding safety performance. We extend our appreciation to the men and women in our plants, offices, stores, warehouses, branches and plantations throughout the world for their contributions toward making our sixtieth anniversary year the greatest in our history. We also pay tribute to our worldwide dealer organization which does such an effective and efficient job of distributing our products in ever-increasing volume. * * * SPEAKING of our fellow-workers, many of them are long-time members of the Firestone industrial family and nearly 47,000 of them together with some 113,000 of their dependents are covered by group insurance. After years of faithful service, more than 2,500 men and women are now receiving retirement incomes under our pension plan; and during the past year more than $9,000,000 was paid to our employees FOR THE SIXTH CONSECUTIVE year, sales exceeded $1 billion and distribution is constantly being expanded. Dealers like J. P. Byrne & Co., Syracuse, sign exclusively with Firestone. At the grand opening, left to right, R. D. Thomas, E. B. Hathaway, J. P. Byrne, president and founder of the dealership; Raymond C. Firestone, Robert Byrne, vice president and general manager; C. L. Largent, and J. L. Gum ming. p m wW-V- “ ^ 1., u t i.. IN NOBLESVILLE, IND., Firestone Industrial Products is manufacturing the rubber non-skid pads used on the base of compact telephones.

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