Timeline of Mack Trucks History

Corporation timeline

This is a timeline of Mack Trucks history. Most of the information is taken from the Mack History page at MackTrucks.com, unless otherwise noted.

MC fire engine (1978-1990)
  • 1890: John M. (“Jack”) Mack gets a job at Fallesen & Berry, a carriage and wagon company in Brooklyn, New York.
  • 1893: John Mack and his brother, Augustus F. (“Gus”) Mack, buy the company John worked for.
  • 1894: A third Mack brother, William C. Mack, joins his brothers in the company’s operations. The Macks try working with steam powered and electric motor cars.
  • 1900s: Inspired by Orville and Wilbur Wright, Willis Carrier and Henry Ford’s inventions, John Mack has a vision, dreaming about producing heavy duty trucks and engines.
  • 1900: The Macks open their first bus manufacturing plant. The Mack bus, ordered by a sightseeing company, is delivered.
  • 1902: The Mack Brothers Company established in New York.
  • 1904: The company introduces the name Manhattan on its products.
  • 1905: Allentown selected as the home of main manufacturing operations, and headquarters. A fourth Mack brother, Joseph Mack, becomes a stockholder. Mack begins making rail cars and locomotives.
  • 1910: The Manhattan name changed; from now on, the trucks are known as Mack Trucks. Charles Mack, a fifth Mack brother, joins the company.
  • 1911: The Saurer Motor Truck Company, headed by C.P. Coleman, had the rights to manufacture and sell heavy trucks under the Saurer brand name at its plant in Plainfield, New Jersey. On September 23, 1911, the Saurer Motor Truck Company merged with the Mack Brothers Motor Car Company of Allentown, headed by J. M. Mack, to form the International Motor Truck Company (IMTC). IMTC would continue to make and sell trucks using the Saurer name until 1918. The capitalization of IMTC was $2.6 million total ($1.6m for Saurer, or 61.5%, and $1.0m for Mack Brothers).
  • 1912: Brothers John and Joseph Mack leave.
  • 1919: The United States Army conducts a transcontinental project using Mack Trucks to study the need for national highway systems.
  • 1922: The company name is changed to Mack Trucks, Inc. The bulldog is accepted as the company’s corporate symbol.
  • 1924: John Mack dies in a car crash in Weatherly, Pennsylvania.
  • 1932: While recuperating from an operation, Alfred Fellows Masury, Mack’s Chief Engineer, carved the first bulldog hood ornament. Masury applied for and received a patent for his design; the bulldog ornament has adorned Mack trucks ever since.
  • 1933: Mack Trucks helps in the building of many American structures, including the Hoover Dam.
  • 1941: Fire Apparatus manufacturing moved from Allentown, Pennsylvania, to Long Island City, New York (in Queens).
  • 1951: Fire Apparatus manufacturing moved back to Allentown, Pennsylvania, from Long Island City, New York.
  • 1956: Mack Trucks, Inc., buys Brockway Motor Company. (Brockway ceases in 1977)
  • 1966: Mack begins production at its assembly plant in Oakville, Ontario, Canada. The facility closed in 1993.
  • 1967: Mack Trucks becomes a part of the Signal Oil and Gas Company in a one-for-one exchange for cumulative convertible preferred stock. Later that year Signal changes its name to The Signal Companies, Inc.
  • 1970: Mack moves into its new Allentown world headquarters.
  • 1979: Renault buys 10% of Mack Trucks, Inc.
  • 1982: Renault increases ownership stake to 20%, Signal lowers its stake to 10%.
  • 1983: Mack Trucks conducts an IPO and issues 15.7 million shares of common stock. Renault increases holdings to 40%, while Signal reduces its stake to 10.3%.
  • 1987: Renault reorganizes; Renault Véhicules Industriels buys Renault’s Mack shares.
  • 1990: Mack Trucks becomes a wholly owned subsidiary of Renault Véhicules Industriels when remaining publicly traded shares acquired at $6.25 per share.
  • 2001: Mack together with Renault Véhicules Industriels becomes part of Volvo AB of Sweden, the parent company Renault S. A. receives a 20% stake in the combined company. (In 2002 Renault Véhicules Industriels changes its name to Renault Trucks.)
  • 2006: Mack has a record sale year.
  • 2008: Mack announces relocation of corporate headquarters to Greensboro, North Carolina.
  • 2009: Mack becomes a world truck embassy

 

Read more at Wikipedia


November 22, 2014

Comments

Comments are closed.