The prominent figure associated with the establishment of the Ford Motor Company is Henry Ford. Founded in 1903, Ford's company revolutionized the automobile industry through the implementation of assembly line production techniques. Ford's vision was to make automobiles affordable for the average American, and the introduction of the Model T in 1908 achieved this goal. His innovative manufacturing methods drastically reduced production costs and time, changing how products were made across various industries. Additionally, Ford was a pioneer in worker relations, introducing the $5 workday to improve wages and productivity. His impact on industry, transportation, and labor continues to affect modern practices worldwide.