Re: Hugh Ferry: Packard's most underrated president?

Posted by Packard53 On 2010/1/16 21:56:46

Under Ferry Packard got into the defense contracting business. Ferry did that to try and secure Packards future but the gamble never really paid off.

This to me is one thing that is often over looked in the 50's about Packard. Packard tried to be a defense contractor and builder of autos at the same time. She neither had the money or resources to do both and make enough profit to support both ventures. That is part of the reason Packard is no longer in business.


John F. Shireman