science · 10 August 1904 · 120 years ago
In 1904, Ford Motor Company of Canada was organized when Henry Ford signed an agreement with Gordon McGregor, a Canadian wagon builder. McGregor, age 31, had taken the initiative to vist Ford in Detroit earlier in the year because he wanted to begin making cars at his wagon works in Windsor, Ontario. Incorporation of Ford Motor Company of Canada was in the form of a Provinicial Charter issued on 17 Aug 1904. McGregor would finance his own operation, and 51% of the stock would be assigned to the Shareholders of Ford U.S.A. McGregor also obtained the rights to sell Ford products in the then existing British Empire outside of the British Isles. This foresight led to Ford of Canada to later having wholly-owned subsidiaries in Australia, New Zealand and South Africa.
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