Henry Ford II with Mazda was well developed even before the end of HF2's period of influence. However, in Iacocca's view, it lagged several years behind GM and Chrysler, due to Henry Ford II's unappealable influence, before others led it forward despite his resistance. HF2's management style caused the company's fortunes to fluctuate in more ways than one. For example, he allowed the offering of public stock in 1956, which raised $650 million for the company, but the "experimental car" program instituted during his tenure, the Edsel, cost the company almost half that. Likewise, HF2 hired the creative Lee Iacocca, who was fundamental
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