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Re: McCormick vs IHC
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Posted by Guy Fay on August 22, 2004 at 13:57:49 from (169.207.193.81):
In Reply to: McCormick vs IHC posted by Don E. Foster` on August 22, 2004 at 08:39:45:
The name McCormick-Deering itself was born twenty years after IH was formed. IH was formed in 1902 as the other posters have indicated, the name McCormick-Deering began to be used in 1922 or thereabouts. After the merger that produced IH, the company kept the old McCormick, Deering, Plano, Milwaukee, and CHampion lines seperate, making five different binders, for instance, as a way of keeping external competition down and the government happy. The government still sued IH for anti-trust in 1913, and the case got settled in 1917. WIth the settlement of the case, IH could only have one dealer in each town, so the five different lines of equipment didn't make sense anymore. SO on many machines, they reduced down to one machine, either taking the best of the McCormick or Deerings (the other lines were sold off), or designing a new machine that used the best features of both. The new, single line of machinery used the McCormick-Deering name to keep the old customers satisfied. THe McCormick Deering name was used to abuot 1949, when the name for the farm equipment line was shortened to McCOrmick. It should be noted that overseas, the old company names were still used into the early 1950s in many circumstances, and even in the US, some McCormick and some Dearing equipment continued to be made under the seperate names until the late 1930s. As fas as IH equipment goes, McCormick-Deering is essentially only a name, similar to Chevrolet to GM- not a seperate company, although it once was, but a trade name.
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