The Woods Motor Vehicle Company was founded on September 28, 1899, with a
capitalization of $10,000,000. It was incorporated under the laws of
New Jersey. It assumed the patents of the Fischer Equipment Company of Chicago and a factory at 110–120 East Twentieth Street, Chicago, with plans to upgrade another facility at 547 Wabash Avenue for another factory. Frederick Nichols of
Toronto, Canada, was installed as the first president, and C.E. Woods was installed as one of the company's directors. The headquarters and showroom for the Woods Motor Vehicle Company were located in an 1891 loft structure in Chicago's early
Motor Row at the modern address of 1130 South Wabash Avenue, near the intersection with modern Roosevelt Road. The building long outlived the Woods Motor Vehicle Company, but demolition of the historic building began in the autumn of 2024. == Early hybrid ==