While Jim Allison and Carl Fisher were both successful businessmen, their lives were changed when Percy “Fred” Avery walked into Fisher’s automobile dealership in 1904 and showed him the contraption that would become the first reliable source of power for automobile headlights. They formed the Concentrated Acetylene Company to produce ...
Percy “Fred” Avery
Prest-O-Lite
Prest-O-Lite was the primary factor which made the Indianapolis Motor Speedway a reality. While both Carl Fisher and James Allison might have had the financial wherewithal to build the Speedway, the success of Prest-O-Lite made it easily achievable.
In the early twentieth century, Percy (“Fred”) Avery obtained the French patent ...