The Goodyear Tire & Rubber Company
was founded in 1898 by Frank Seiberling. Even though he had no connection with the company, it was named after Charles Goodyear of Springfield, Massachusetts. Goodyear invented vulcanized rubber in 1839.
The first Goodyear factory opened in Akron, Ohio in 1898. The thirteen original employees manufactured bicycle and carriage tires, rubber horseshoe pads, and poker chips. The company grew with the advent of the automobile.
In 1901 Frank Seiberling provided Henry Ford with racing tires. By 1908 Ford
was outfitting his Model T with Goodyear tires. In 1912 Goodyear manufactured its first aircraft tire.
In 1911 Goodyear started experimenting with airship design. It later manufactured airships and observation balloons for the United States Army Air Service during World War I. The transport and reconnaissance capabilities that Goodyear provided contributed significantly to the Allied victory.
In 1924, Paul Weeks Litchfield as Goodyear Vice President forged a joint venture with the head of Zeppelin to form the Goodyear-Zeppelin Corporation.
By 1926 Goodyear was the largest rubber company in the world. Only four years earlier they had been forced to temporarily cease race tire production due to competition. Nevertheless, the popularity of the Goodyear tire on the racing circuit led to a popular demand for the brand.
For the next sixty years Goodyear grew to become a Multinational corporation with multi-billion dollar earnings. It acquired their rival Kelly-Springfield Tire in 1935. During World War II Goodyear manufactured F4U Corsair fighter planes for the U.S. Military. WWII also forces the dissolution of the Goodyear-Zeppelin partnership in December of 1940. By 1956 they owned and operated a nuclear processing plant in Ohio.
Goodyear is very famous throughout the world because of the Goodyear Blimp. The first Goodyear blimp flew in 1925. Today it is one of the most recognizable advertising icons in America. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors' championships than any other tire supplier. They pulled out of the sport after the 1998 season. It is the sole tire supplier for NASCAR series.
Close Up of Vignette:
Common Stock, issued in the 1960’sPrinter: American Bank Note Company Dimensions:
8” (h) x 12” (w)State: OH-Ohio Subject Matter: Automotive and Related
| Rubber Companies
| Tire Makers Vignette Topic(s): Allegorical Featured
| Tire Featured
| Globe Featured Condition:
Vertical fold lines, punch hole, pen and machine cancels in the signature areas and body, and some toning and edge faults from age.