It's a long story. They were doing good,loaned some money to White Motors in the 50s. Times got tight in ag in the late 50s and White wouldn't repay the loan. Two corporate raider brothers by the name of Mailman bought enough shares of Oliver stock to have controlling interest. They turned right around and sold it to White,so White bought control of Oliver using Olivers own money. By the late 60s-early 70s White was having tough times and milked Oliver as a cash cow just continuing to make the same old products that had been out for 10 years. They had some excellent patents and ideas,including a patent on the CVT transmission in the late 60s. I've seen pictures of the prototype that they were going to put that transmission in and if White had spent the money and tooled up to build that tractor they would have buried all the competition at the time. But,the truck division burned off all the equity of the ag division and that was the end of it all. Readers Digest version.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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