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The first electric golf cart was custom-made in 1932, but did not gain widespread acceptance. [3] In the 1930s until the 1950s the most widespread use of golf carts was for those with disabilities who could not walk far. [4] By the mid-1950s the golf cart had gained wide acceptance with US golfers. [5]
[10] The company struggled to recover in the wake of filing bankruptcy due to the loss of its relationship with several major tire manufacturers. [11] American Tire Distributors had an annual revenue of $5 billion in 2019. [12]
In 1997, Sumitomo formed a joint venture with Goodyear Tire and Rubber Company, by which Goodyear and Sumitomo agreed to manufacture tires for each other's markets, including Dunlop branded tires. As part of the agreement, Goodyear acquired 75% interests in Dunlop Tyres , the UK company which Sumitomo had formed, and in Dunlop Tire Corporation.
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1920 - Built a factory in Hiranuma, Yokohama. Installed US-made refining equipment and manufacturing equipments. Started manufacturing rubber belts, tires, hoses, etc. [3] (At this time, tires of this company are sold in Japan under the "Goodrich" brand) 1929 - Built a new Yokohama Factory in Heian-cho, Tsurumi-ku, Yokohama. [3]
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