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Northern Tool + Equipment (commonly referred to as Northern Tool) is a manufacturer and retailer of light industrial equipment and do-it-yourself supplies.Founded in 1981 as Northern Hydraulics, the company was officially renamed to Northern Tool + Equipment and is the owner of several private label brands including NorthStar, Powerhorse, Klutch, Strongway, Ultra-Tow, Roughneck, Gravel Gear ...
The company saw revenue grow 27 percent as more people turned to gardening and pet and livestock ownership. [3] [18] That year, it also established the Tractor Supply Company Foundation. [19] In 2021, Tractor Supply reached #291 on the Fortune 500 list and had over 20 million members in its loyalty program, Neighbor's Club.
Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
Kubota Corporation (株式会社クボタ, Kabushiki-kaisha Kubota) is a Japanese multinational corporation based in Osaka.It was established in 1890. The corporation produces many products including tractors and other agricultural machinery, construction equipment, engines, vending machines, pipe, valves, cast metal, pumps, and equipment for water purification, sewage treatment and air ...
Large corporations – including car sales outlets, ironically – restructure debt frequently. Used-car company Carvana (CVNA) successfully restructured $1.3 billion in debt earlier this year to ...
Since the 1990s, the company has strengthened its international presence in non-European countries. New production and sales locations were established in India (1989), the US (1999), Russia (2005), China (2012/2014) and South America, among others.
Maschinenfabrik Fahr (Fahr Machine Factory) was established by Johann Georg Fahr in Gottmadingen in 1870. One of its most important products was the self-binder, manufactured in 1911, while the first tractor, the Fahr F22, was built in 1938 from an idea of Wilfred Fahr and Bernhard Flerlage, and had a 22 hp (16 kW) Deutz F2M414 twin-cylinder diesel engine.
A secretary bought three shares of her company's stock for $60 each in 1935. Grace Groner reinvested her dividends for 75 years, and her stake ballooned to $7.2 million.