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Founded in 1915 in Akron, Ohio by William Francis O'Neil, Winfred E. Fouse, Charles J. Jahant, Robert Iredell, and H.B. Pushee as The General Tire & Rubber Company using funding from Michael O'Neil, William Francis O'Neills' father, who owned Akron's O'Neil's Department Store.
GenCorp was established as a parent holding company to oversee General Tire and the company’s major business lines: DiversiTech General (industrial products, chemicals and plastics); RKO General (broadcasting); RKO Enterprises (bottling, hotels, airlines); Aerojet General (aerospace & defense, high technology-rocket propulsion, electronics ...
The German tire manufacturer Continental acquired GenCorp’s tire operations on October 30, 1987 as part of an ambitious program of expansion. In 1995 the company changed its name to Continental General Tire, Inc. before being renamed Continental Tire North America, Inc. in May 2000.
The acquisition of General Tire, Inc., would give Continental a firm foothold in North America. In June of 1987 General Tire was sold to the German tire group for $628 million, thereby transforming Continental into the fourth-largest tire company in the world.
AKRON — GenCorp Inc. has agreed to sell its General Tire subsidiary to West German tire maker Continental Gummi-Werke A.G. for $650 million in cash. The acquisition will make Continental the world's fourth largest tire maker, based on sales, behind Goodyear, Michelin and Bridgestone.
Alright, the real truth is that the General Tire Company is actually a part of Continental AG, a company that manufactures everything from tires to engine injection systems based out of Hanover, Germany However, there is more to General Tires than the takeover by Continental in the 1980’s.
W.O. O'Neill, founder of General Tire. 1915 General Tire was founded 29th of September, 1915 as General Tire Rubber Company in Akron, Ohio. 1920s General Tire revolutionized tyre manufacturing and became known as a technology leader with the invention of the low pressure General Balloon Jumbos.
Founded in 1915 in Akron, Ohio by William Francis O'Neil, Winfred E. Fouse, Charles J. Jahant, Robert Iredell, and H.B. Pushee as The General Tire & Rubber Company using funding from Michael O'Neil, William Francis O'Neills' father, who owned Akron's O'Neil's Department Store.
Founded in 1915 in Akron, Ohio by William Francis O'Neil, Winfred E. Fouse, Charles J. Jahant, Robert Iredell, and H.B. Pushee as The General Tire & Rubber Company using funding from Michael O'Neil, William Francis O'Neills' father, who owned Akron's O'Neil's Department Store.
Continental A.G.'s Acquires General Tire, 1987. In 1987 GenCorp underwent large-scale restructuring, in part to ward off a hostile takeover attempt by General Acquisition, Inc.