Takeover
Studebaker's president Fred Fish (son-in-law of John M. Studebaker), being unhappy with E-M-F's poor quality and lack of management, gained control of the assets and plant facilities (at Detroit and Walkerville, Ontario) in 1910. To remedy the damage done by E-M-F, Studebaker paid mechanics to visit each unsatisfied owner and replace the defective parts in their vehicles at a cost of US$1 million to the company. The E-M-F name continued into 1912 with the Studebaker name becoming more and more prevalent on the cars. In 1913, the E-M-F name was replaced by Studebaker.
Problems aside, E-M-F vehicles had sold well in the growing marketplace. In 1909 E-M-F placed fourth (producing 7,960 vehicles) in total US automobile production, behind that of Ford Motor Company, Buick, and Maxwell, with Cadillac fifth. In 1910 the firm built 15,020 vehicles and again held on to fourth place behind Ford, Buick, and Overland. In 1911, the firm placed second in overall assemblies with 26,827 automobiles produced for the year. In his history of E-M-F, Anthony Yanik stated Studebaker built its strong automotive base "on the shoulders of E-M-F", having "purchased the entire company for an outrageous price in 1910". However, the E-M-F production figures had been underpinned by Studebaker's vast resources, and sales were largely dependent on Studebaker's reputation and marketing network.
Flanders also ran the short-lived Flanders Automobile Company, which produced cars wholly based on previous E-M-F designs. The Flanders company was absorbed into Maxwell Motor Company (Incorporated) which was reorganized out of the assets of the United States Motor Company in 1913.
On June 20, 2005, the E-M-F Plant on Piquette Street (at John R) caught fire and within a few hours it was gone. The five-alarm fire nearly spread to the famous Ford Piquette Plant where Henry Ford built the first Model T.
Read more about this topic: E-M-F Company
Famous quotes containing the word takeover:
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)