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RE: LeoThread 2025-10-27 17-39

in LeoFinance4 days ago

Part 3/12:

Beyond steel and railroads, Newberry also held positions on boards of banks, telecommunications, and shipping firms, cementing his influence over Michigan’s economy. A critical turning point occurred in 1902 during a chance encounter in New York, where he was captivated by a new single-operator Cadillac car manufactured by the Packard Motor Car Company. Inspired, he collaborated with others to bring the automaker to Detroit, catalyzing his legacy in the burgeoning automotive industry and further elevating Detroit’s status as the automotive capital of the world.