Contrary to popular belief the 560 did not kill IH. The 560 problems happened in 59/60. That did not fester for 25 years. If a bad product is going to kill a company it' happens pretty fast. 2-3 years at the most. It did give JD a chance to release their gen 2 tractors and to grab major market share. Several things killed IH. Bad management. That's the big one. Labor issues. but the biggest thing was trying to operate on too thin of margins. Company has to have money to pay for materials or goods up front. When any company gets to the point that they are borrowing money to make product they are on a slippery slope. Add that to their refusal to move into a power shift transmission that cost them sales?
I don't consider "A Corporate Tragedy" the answer all as to the failure. Just one persons take on it. Seeing as corporate records are not available to back any claim up as to fault? Well I just thought it was an interesting read.
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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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