Manufacture Clarke Floor Machine Company - Floor cleaners & buffers Gravely Tractors - Quality lawnmowers Chemical Compounds Company - Maker of STP additives In 1961 Sherwood Egbert was appointed company president. He was expected to help diversify the company. In the spring of 1962, four years after the last Packard car rolled off the assembly line, and eight years following the merger between Packard and Studebaker, the company dropped 'Packard' from its legal name, which returned to being 'Studebaker Corporation'. References Langworth, Richard. 1957-58 "Packardbaker": America's First Replicar, pp. 8–20, Collectible Automobile Magazine April 1985, Vol.5, Number 6. Defunct motor vehicle manufacturers of the United States Studebaker Packard