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Re: Re: Re: Why IH went out?
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Posted by JI Case on January 07, 1999 at 18:34:27:
In Reply to: Re: Re: Why IH went out? posted by Sid Rynan on January 07, 1999 at 17:02:38:
IH had poor management in two areas from the early 1960's on. Harvester was not prepared to deal with JD's introduction of the 4010 and 4020 tractors and brethren. The engineering department was slow to react and IH was from then on playing catch-up with JD instead of leading. Perhaps the biggest cause of the downfall was poor management of the financial department. Too much credit issued, not enough money coming in, poor investments, not enough put back into R&D. There are books out there that describe this in detail.
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