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The competition for track-type farm equipment increased in 1925 when the Holt Manufacturing Co. and the C. L. Best Co. of San Leandro, California, merged to form the Caterpillar Tractor Co. When wheat dropped to 25 cents a bushel in 1931, farmers could not afford new farm implements and the new Avery Power Machinery company could not pay its debts.
The Farm Progress Show is the oldest outdoor agricultural equipment exhibition in the United States, with more than 500 exhibitors. [ citation needed ] Farm Progress Companies does not release attendance figures, but the Decatur Convention & Visitors Bureau estimates attendance of at least 150,000 for the three days of the 2007 show.
The brothers began conducting auctions more regularly and in 1958 incorporated Ritchie Bros. Auction Galleries Ltd. to formalize their new business. [4]: 17 Ritchie Bros. began selling used equipment in the 1960s. In 1963 Dave Ritchie moved to Vancouver, B.C. and rented an auction site on S.E. Marine Drive. He set up the company's first ...
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Smaller Cities like Aurora, Peoria, Decatur, Rockford and other cities became major manufacturing centers in the 20th century. In downstate Illinois, the John Deere Company became one of the world's largest makers of farm machinery, and Caterpillar achieved similar dominance in its diversified line of off-road vehicles. [citation needed]
Fox News. In one U.S. town, residents are legally required to own guns and ammo. Sports. Sports. USA TODAY Sports. Ravens handle rival Steelers in wild-card showdown of NFL playoffs. Sports.
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