Henry Ford family sole ownership of the company. By the mid-1920s, sales of the Model T began to decline due to rising competition. Other auto makers offered payment plans through which consumers could buy their cars, which usually included more modern mechanical features and styling not available with the Model T. Despite urgings from Edsel, Henry refused to incorporate new features into the Model T or to form a customer credit plan. By 1926, flagging sales of the Model T finally convinced Ford to make a new model. He pursued the project with a great deal of technical expertise in design of
Ford Model T 14,689,525 were produced. Henry Ford used wood scraps from the production of Model Ts to make charcoal briquettes. Originally named Ford Charcoal, the name was changed to Kingsford Charcoal after the Iron Mountain Ford Plant closed in 1951 and the Kingsford Chemical Company was formed and continued the wood distillation process. E. G. Kingsford, Ford's cousin by marriage, brokered the selection of the new sawmill and wood distillation plant site. Lumber for production of the Model T came from the same location, built in 1920 called the Iron Mountain Ford which incorporated a sawmill where lumber from Ford purchased land