Company History: Packard (formerly the Packard Motor Car Company) was an American luxury automobile company located in Detroit, Michigan. The first Packard automobiles were produced in 1899, and the last Packards were built in South Bend, Indiana, in 1958.
Successor/Parent History: The Studebaker-Packard Corporation is the entity created in 1954 by the purchase of the Studebaker Corporation of South Bend, Indiana, by the Packard Motor Car Company of Detroit, Michigan. While Studebaker was the larger of the two companies, Packard's balance sheet and executive team were stronger than that of the South Bend company.
In the spring of 1962, Studebaker-Packard reverted its name to "Studebaker Corporation". The following year, the South Bend plant was closed, while its Canadian plant in Hamilton, Ontario, continued to produce Studebaker cars until 1966. The South Bend plant would later be acquired by the Avanti Motor Company.
Studebaker Corp. merged with Worthington Corporation one year later. Studebaker-Worthington was a diversified American manufacturer operating the various business units of Studebaker, Wagner Electric and Worthington Corporation. The company was in turn acquired by McGraw-Edison in 1979. In 2008, the Studebaker and Packard trademarks were acquired by Silver Knight Group, Inc. In 2021, Silver Knight Group announced that they were forming a new Studebaker-Packard Corporation entity, aiming to revive the brand in 2025.
In the spring of 1962, Studebaker-Packard reverted its name to "Studebaker Corporation". The following year, the South Bend plant was closed, while its Canadian plant in Hamilton, Ontario, continued to produce Studebaker cars until 1966. The South Bend plant would later be acquired by the Avanti Motor Company.
Studebaker Corp. merged with Worthington Corporation one year later. Studebaker-Worthington was a diversified American manufacturer operating the various business units of Studebaker, Wagner Electric and Worthington Corporation. The company was in turn acquired by McGraw-Edison in 1979. In 2008, the Studebaker and Packard trademarks were acquired by Silver Knight Group, Inc. In 2021, Silver Knight Group announced that they were forming a new Studebaker-Packard Corporation entity, aiming to revive the brand in 2025.
Brief History: The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.
Item created by: gdm on 2017-10-10 09:57:54. Last edited by George on 2024-03-31 09:20:39
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