founded 1905 dayton ohio united states headquarters troy michigan usa area served worldwide key people john t. bohenick chief executive officer number of employees 4 500 website http www.dayco.com dayco products formerly known as mark iv industries is a parts supplier for construction automotive and industrial companies . 1 the companies annual earnings are approximately 150 million usd . 1 its main customers include caterpillar and general motors . 2 contents 1 history 2 controversies 3 references 4 external links history edit dayco was founded in 1905 as dayton rubber manufacturing co. 3 the company initially made products such as garden hoses out of natural rubber . in 1908 the company hired john a. macmillan and began creating his product the airless tire . the company also produced the first whitewall tires in 1913 . beginning in the early 1920s the company entered a diversification period when it radically increased the variety of its products . dayco would eventually make many different rubber parts as well as some textiles . it also pioneered some synthetic rubber products including developing the first synthetic rubber tire . the company would be a valuable supplier of military products during world war ii . the company officially changed its name to the dayco corporation in 1960 . 4 controversies edit dayco filed for bankruptcy protection in april 2009 and emerged from bankruptcy approximately 6 months later . it eliminated about 750 million in debt during the bankruptcy . 1 dayco attracted controversy when it announced it would be closing its two north carolina plants and a nevada plant . 2 dayco was consolidating into its memphis tennessee plant . the move attracted media attention and resulted in several hundred jobs being lost . 2 references edit a b c mattoli dana ; spector mike 6 may 2015 . dayco products exploring strategic options including sale . the wall street journal . new york . a b c ohnesorge lauren 25 may 2016 . dayco here s why we re closing n.c. facilities laying off employees . triangle business journal . retrieved 25 may 2016 . mcnulty mike 25 may 2016 . dayco leans on ceo for stronger operation . rubber & plastics news . retrieved 25 may 2016 . bruck kate . dayco corporation pdf . retrieved 25 may 2016 . external links edit official website this united states corporation or company article is a stub . you can help wikipedia by expanding it . v t e this automobile related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title dayco & oldid 733202653 categories automotive companies of the united statesmanufacturing companies of the united statesunited states company stubsautomobile stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages italiano edit links this page was last modified on 6 august 2016 at 04 24 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view