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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.
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.
These products and materials in stock clearance will not form the basis of a company's key activities. As such, they are often end-of-line, surplus, returned, or bankrupt. A company will often pursue a non-profit-making agenda when clearing stock, seeking a wider strategic advantage.
Second-hand goods – For the sale of consumer second-hand goods of all kinds, particularly farm (equipment) and house clearances and online auctions. Sale of industrial machinery, both surplus or through insolvency. Thoroughbred horses, where yearling horses and other bloodstock are auctioned. [116]
IH manufactured light, medium, and heavy vehicles for military use. Examples include a Metro van sold to the Czechoslovakian Army in 1938, M5 tractors and 2.5-ton M-5H-6 trucks for the US Navy and Marines in 1942, [59] and around 3,500 2.5 ton M-5-6-318 cargo trucks provided mostly to the Soviet Union and China. [60]
There's still more than a month until Inauguration Day, but President-elect Donald Trump's administration is already off to a rocky start. During his first four years, Trump had more failed ...
The "passivity" agreement FDIC wants BlackRock to sign is designed to assure bank regulators that the giant money manager will remain a "passive" owner of an FDIC-supervised bank and won’t exert ...
Stock refers to livestock, its purchase and sale. Station refers to a facility equipped with special equipment and personnel for a particular purpose—in this case in Australasia—for pastoral industry, see Australia: Stations and New Zealand: Stations. The same word was used for a defensible residence constructed on the American frontier ...