Kaiser Motors
Originally formed as the Kaiser-Frazer Corporation in 1945, the corporation was reorganized in 1953 under the name Kaiser Motors Corporation after the withdrawal of Joseph W. Frazer from the venture. The Kaiser-Frazer stock was redeemed, and Kaiser Motors stock was issued at that time. Kaiser Motors manufactured automobiles in a number of locations around the world with the primary facility and corporate headquarters at Willow Run, Michigan (USA).
The company, founded by Henry J. Kaiser, a United States industrialist, and Joseph W. Frazer, president of the Graham-Paige Corporation, started making automobiles with the brand names Kaiser and Frazer almost immediately after World War II. Kaiser-Frazer also built a small car called the Henry J, named for Henry Kaiser. A slightly re-designed version of the Henry J was sold by selected Sears Auto Centers during 1952 and 1953 under the brand name Allstate. This car was tagged as a product of Sears-Roebuck. While listed for informational purposes in the Sears "wish books", the Allstate could not be purchased by mail order.
In 1948, after too many disputes with Henry Kaiser, Joseph Frazer resigned as president of Kaiser-Frazer; Henry Kaiser's oldest son, Edgar was made president in April 1949. The Frazer marque was discontinued after the 1951 models. Mr. Frazer remained as a sales consultant and Vice-Chairman of the Kaiser-Frazer Board of Directors until 1953.
At the 1953 annual stockholders meeting, Kaiser-Frazer Corporation's name was changed by stockholder vote to Kaiser Motors Corporation. Shortly before the stockholder meeting, Kaiser-Frazer's Kaiser Manufacturing Corporation division worked out a deal to purchase certain assets (and assume certain liabilities) of the Willys-Overland Corporation, makers of Willys cars and Jeep vehicles. Kaiser Manufacturing Corporation changed its name after completing the Willys acquisition to Willys Motors, Incorporated.
During late 1953 and 1954, Kaiser Motors operations at Willow Run Michigan were closed down or moved to the Willys facility in Toledo, Ohio. Kaiser car production in the USA ended during 1955.
At the end of 1955, the management team of the Henry J. Kaiser Company used Kaiser Motors Corporation to create a new holding company encompassing the various Kaiser industrial activities. Kaiser Motors' name was changed to Kaiser Industries Corporation, and functioned as a holding company for various Kaiser business holdings including Willys Motors, Incorporated.