Posted by JD Seller on March 05, 2017 at 09:51:18 from (208.126.196.24):
In Reply to: Oliver's future posted by rrlund on March 05, 2017 at 07:20:12:
White/Oliver had corporate issues that doomed the entire operation form the get go. White bought Oliver for its assets. It was really one of the first hostile corporate take overs. Oliver's stock price dropped below its asset worth.
Oliver was always and innovative company. It just never had a corporate leadership to match. IH and AC suffered the same issues and that is what domed them as well.
JDs strength is not the line of equipment. It is that fact the corporate leadership has in general been good. The financial side has always been strong too. That has made JD able to weather the swings in equipment sales. I do not like where they are going with the mega dealerships but the dealership structure is just following the farm trends. There are just fewer farms so there needs to be fewer dealers to service them. A dealership just can not survive servicing the smaller farmers only.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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