Firestone Tire and Rubber Company
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centre in Harbel
- In Harbel
In 1926 the Firestone Tire & Rubber Company established what became a vast rubber plantation operation centred on Harbel. Liquid latex and crepe rubber are shipped via the company’s river port to Monrovia (32 miles west) for export. At Harbel, Firestone operates a hospital, a hydroelectric power plant,…
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development by Firestone
- In Harvey S. Firestone
…for his establishment of the Firestone Tire & Rubber Company, which was for some 80 years a major U.S. tire manufacturer.
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investment in Liberia
- In western Africa: Colonial rule
…for them when the American Firestone Tire & Rubber Company, worried lest its supplies of raw material should become a British colonial monopoly, secured a new American loan for Liberia and began to operate a one-million-acre plantation concession in the hinterland of Monrovia. The country was now supplied with a…
Read More - In Liberia: Outside intervention
The Firestone Tire and Rubber Company obtained a concession of 1,000,000 acres (400,000 hectares) for a rubber plantation in 1926. At the same time, a loan was arranged through the Finance Corporation of America, a Firestone subsidiary. Using this private loan, the Liberian government consolidated and…
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Oldfield Tire Company
- In Barney Oldfield
…he joined forces with the Firestone Tire and Rubber Company to form the Oldfield Tire Company, of which he served as president.
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