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  2. Studebaker-Worthington - Wikipedia

    en.wikipedia.org/wiki/Studebaker-Worthington

    The stockholders of Studebaker and Worthington approved the merger despite rumors that the Federal Trade Commission considered the merger would be "substantially anti-competitive". The combined 1966 gross revenues of the two companies had been $672 million, with net income of $24.5 million. [ 7 ]

  3. Studebaker - Wikipedia

    en.wikipedia.org/wiki/Studebaker

    After an unsuccessful 1954 merger with Packard (the Studebaker-Packard Corporation) and failure to solve chronic postwar cashflow problems, the 'Studebaker Corporation' name was restored in 1962, but the South Bend plant ceased automobile production on December 20, 1963, [8] and the last Studebaker automobile rolled off the Hamilton, Ontario ...

  4. Studebaker-Packard Corporation - Wikipedia

    en.wikipedia.org/wiki/Studebaker-Packard_Corporation

    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.

  5. Worthington Corporation - Wikipedia

    en.wikipedia.org/wiki/Worthington_Corporation

    Studebaker was acquired by Wagner Electric, which in turn was merged with Worthington Corporation to create Studebaker-Worthington. [26] The merger was completed in November 1967, creating a company with $550 million of assets. [27] The former chairman of Worthington, Frank J. Nunlist, was appointed president and chief executive officer. [25 ...

  6. 60 years later: Rebirth in Studebaker corridor evolved from ...

    www.aol.com/60-years-later-rebirth-studebaker...

    Companies fill the initial void. In fact, it took just a couple of years for the city’s unemployment rate to recover. It had risen from 2.1% in November 1963 to 9% in early 1964.

  7. Packard Automotive Plant - Wikipedia

    en.wikipedia.org/wiki/Packard_Automotive_Plant

    The Packard Automotive Plant was an automobile-manufacturing factory in Detroit, Michigan, where luxury cars were made by the Packard Motor Car Company and later by the Studebaker-Packard Corporation. Demolition began on building 21 on October 27, 2022, and a second round of demolition began on building 28 on January 24, 2023, which was wrapped ...

  8. Derald Ruttenberg - Wikipedia

    en.wikipedia.org/wiki/Derald_Ruttenberg

    Derald H. Ruttenberg (17 February 1916 – 19 September 2004) was a lawyer who became a deal maker, organizing large industrial mergers. He arranged the merger of Studebaker and Worthington Corporation, and for some time ran the combined Studebaker-Worthington.

  9. Studebaker Corporation - Wikipedia

    en.wikipedia.org/?title=Studebaker_Corporation&...

    Pages for logged out editors learn more. Contributions; Talk; Studebaker Corporation