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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.
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 ...
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.
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.
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]
Cyrus Hall McCormick patented an early mechanical reaper. 1900 ad for McCormick farm machines—"Your boy can operate them" 1921 International Harvester Model 101 on display at the Iowa 80 Trucking Museum, Walcott, Iowa. 1925 International Model 63 Street-Washing Truck on display at the Iowa 80 Trucking Museum, Walcott, Iowa.
CNH's operations were organized into three business segments: agricultural equipment, construction equipment and financial services. As of 31 December 2012, CNH manufactured its products in 37 facilities throughout the world and distributes its products in approximately 170 countries through approximately 11,500 full line dealers and distributors.
Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date.