Someday I will find an inexpensive way to read that. A couple of people that my dad knew had direct or indirect contact to people who worked at IH corporate maintained Navistar was pretty much 20 plus years in the making as a sizable group of stockholders and management want to shed or discontinue the Ag division. Both of these contacts actually were at a number of shareholder meetings. I don't think the 560 was as devastating as claimed in terms of reliability although it certainly did not help. Deere had its 4010 ready at a time when the market was shifting to 4/5 plow tractors and IH did not have a direct answer until Deere was ready to unveil the 4020 with a full range Powershift. Certainly there were other factors such as IH being too diverse for its management to handle in terms of products. Deere in the end understood that a strong financial division has a major positive impact on sales. Especially during the late 1970's when quite a few manufacturers had to turn to outside money which added to the purchase cost.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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