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In 1957, he purchased the north Alabama dealership for Caterpillar Inc. and called it Thompson Tractor. [1] [2] New tractor facilities were built in Anniston, Decatur and Tuscaloosa. [1] In 1987, his son Michael took over, and it became the authorized dealer for south Alabama and the panhandle of Florida, employing 1,230 people. [1]
As of 2023, Birmingham has two Fortune 500 public companies: Regions Financial Corporation and Vulcan Materials Company. [1] Multiple other Birmingham companies rank in the top 1000. Private companies with revenue over one billion
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Josh Gruett, dealer principal at Waupun Equipment in Waupun, Wisconsin, which sells farm, construction and other equipment, said his inventory has risen 30% to 35% since the end of 2023.
Motion Industries branch office Livonia, Michigan. Motion Industries is an industrial parts distributor for products including bearings; mechanical power transmission; electrical and industrial automation; hose, belting, and gaskets; hydraulic and pneumatics; process pumps; hydraulic and industrial hose; material handling; seals and accessories; and industrial/safety supplies. [5]
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.
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