"Established" businesses can get upended by changing conditions in the industry. What probably hurt Central Tractor as much as anything was the notion that Walmart was going head to head with CT in some of their core product lines. Whether this was a real plan (not implemented) or just a rumor it set a chain of events in motion which made CT push harder than it should have into expansion mode. It should have been obvious that CT could never go head to head in terms of capital but when management thought that they were hearing footsteps they became very paranoid. The growth in locations came at a cost in terms of maintaining inventory. Also, early in the game CT resisted going public as the principles wanted to protect the potential stakes they had if their moves had paid off. Bringing in outside investment means sharing profits which some dislike. You might say it is all about the greater good but sometimes people can not see that.
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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