|
Farmall & IHC Tractors Discussion Board |
Re: IH Failure - tractor building business in gene
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by Guy Fay on November 01, 2003 at 19:05:59 from (169.207.193.227):
In Reply to: IH Failure - tractor building business in general posted by Steve - IN on November 01, 2003 at 11:03:58:
I guess I'd disagree on several points: 1. IH had just as many family members involved with the company up to the early 1980s as Deere did, including running the company at points. Fowler and Brooks were CEOs, other family members were on the board. 2. While Michigan Avenue may have been the big city, for much of IH's history the executives (up into the 1950s) had farms nearby- while most were gentlemen farmers, so were the Deere guys. 3. The hired guns held power at IH only from about 1978 on. Most of IH's executives started young with the company and moved up- maybe not part of the McCormick family, but definitly not outsiders. The IH white collar employees generally considered themselves part of a "IH" family. 4. Most of the diversification push wasn't hired guns- the guy who made the main push into trucks had started in the grain harvesting business at the age of 13, and switched to McCormick Harvesting Machine Company (it wasn't even IH) at the age of 18. Same gentleman was responsible for the development of refrigeration, although the push into that business (as well as contruction) was led by a sales vice president who had started selling farm equipment in 1913. THe first internal combustion experiments for Deering Company took place in the basement of the man who tested the very first binder twine. "Hired Guns" had nothing to do with the diversification. 5. CNH is not a pure ag play. Case of course has a large line of construction equipment, including a large market in loader backhoes. I believe that Fiatallis is also considered a part of CNH now as well. In fact, it's construction equipment that's been holding back profitability in the last couple reports I've seen.
Follow Ups:
Home
| Forums
Today's Featured Article -
Pitfalls of Tractor Engine Rebuilds - by Chris Pratt. The first pop after you have put the machine together with your own hands is exciting and pleasing. The whole experience can be marred if one moves too fast and makes too many assumptions that they can just use "as is" some parts they should be closely scrutinizing and possibly attended to. In such cases, rework makes what could have been a fun project turn into an irritant or even a nightmare. Minor Irritants To give you an example of an minor but irritating proble
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
