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Long Beach Assembly is a former Ford Motor Company assembly plant located at the Cerritos Channel on Terminal Island, at 700 Henry Ford Avenue in Long Beach, Southern California. It operated from 1930 through 1958. The former Henry Ford Bridge, crossing the Cerritos Channel from the mainland to Terminal Island, was located near the former plant ...
In 1988 Ford Motor Company sold 80% of Ford-New Holland Inc. to Fiat, and in 1991 Fiat acquired the remaining 20%, with the agreement to stop using the Ford brand by 2000. By 1999, Fiat had discontinued the use of both its own and the Ford name, and united them both under the New Holland brand.
In March 1959, Ford Division's Long Beach Assembly plant was deemed unsafe and operations were moved to Los Angeles #2 with production starting on April 10, 1959. Through the remainder of 1959 up to the end of the 1962 model year, both Ford and Mercury full-size cars were assembled at the Los Angeles plant.
Rick Joseph Caruso (born January 7, 1959) [3] is an American billionaire businessman. [4] The founder and former chief executive officer of Caruso, an American real-estate company, [5] [6] he is also the chair of the board of trustees at the University of Southern California.
Caruso entered the automobile business by acquiring a number of new car dealerships, including from General Motors, Ford and Chrysler.In the early days of TV he virtually monopolized commercial television airwaves in Los Angeles with his radio and TV singing commercials where he billed himself as "H.J. Caruso—he's the greatest."
Caruso properties have won awards for design and development, including the 1997 Golden Nugget Grand Award for the Promenade at Westlake, in the Best Commercial Project for Retail category; [10] the Urban Land Institute’s Award for Excellence for The Commons at Calabasas in 1999 and The Grove at Farmers Market in 2003; [11] and ICSC's Gold Award in the 2009 United States Design and ...
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