The laboratory was built after Thomas Edison, Henry Ford, and Harvey Firestone pulled together $75,000 to form the Edison Botanical Research Corporation. Initially, only Ford and Firestone were to contribute funds to the project while Edison did all the research. Edison, however, wished to contribute $25,000 as well. Edison did the majority of the research and planting, sending results and sample rubber residues to his West Orange Lab. Edison employed a two-part Acid-base extraction, to derive latex from the plant material after it was dried and crushed to a powder. After testing 17,000 plant samples, he eventually found an adequate source in the Goldenrod plant. Edison decided on "Solidago leavenworthii", also known as Leavenworth's Goldenrod. The plant, which normally grows roughly 3–4 feet tall with a 5% latex yield, was adapted by Edison through cross-breeding to produce plants twice the size and with a latex yield of 12%.