Tenneco, Case, IHC Reading

connor9988 · Aug 17, 2018

Stumbled across this tonight and thought maybe you guys would like to read over it. There is some very interesting information here. Page 6 is where Case really starts to get mentioned.
Tenneco Merger

Bruce from Can. · Aug 18, 2018

I enjoyed the read. Interesting how the complexity of world affairs, grain and oil embargoes, hurt both agricultural, and then the production of agricultural equipment.
Makes me wonder if current trade disputes will cause a similar effect on farmers and agricultural in general. The things that brought down the equipment manufacturers and farmers a like were far beyond their control. Are we instore for more of the same? History does have away of repeating itself, and the stakes are high for the equipment manufacturers that are left , after the many mergers and acquisitions. Thanks for sharing this link.

John Saeli · Aug 18, 2018

I wonder what "axe", the author has to grind. Mr. Ketelsen actually saved 2 companies, CASE & IH. The RPS34 Power Shift unit had run it's course, and IH had just developed, proven & tooled up for it's new 18 speed Power Shift. However, IH was broke & on strike. Mr. Ketelsen bought the whole IH Ag. enterprise, at a "fire sale" price, for what it would have cost CASE to develop it's own new Power shift.
The author does not mention once, CASE Construction, which I believe is a whole different set of books. I could be wrong, but did the author lump CASE Construction figures in with CASE Ag in his article, or did he purposely leave them out?

tomturkey · Aug 18, 2018

Sorrowfully everything we read these days has to be taken with caution, as the writer may have an agenda they are trying to push. I remember the high gas prices of the 70's and the ecomnomic slump of the 80's (only time in my life I received unemployment benefits). gobble

connor9988 · Aug 18, 2018

Another take on history. I thought it was some interesting and different information.

Ande · Aug 19, 2018

Probably as others here, I lived and worked as a Case dealer during these times, and I know a lot of what was going on. I wont get into it to deeply as many on YT do not want to hear it. Case was losing money before Tenneco bought IHC. But nothing like the red ink IHC was. When they cut out Case's full line of machinery and forced dealers to be a "Tractor Specialist" that forced most dealers to seek other full lines to get back combines and such. Then after the IHC buy out most dealers already had a another full line, then here comes CaseIH telling them to drop their other full lines. Wow what a cluster
It makes me sad to think of my Dad, how disappointed he was with the company for making these changes to the company. And buying a "red ink" company like IHC. But we adjusted as best we could with IHC management telling us what to do.

Don Rudolph · Aug 19, 2018

Dan,

Thanks for mentioning how hard it was to be a Case dealer back then. If you add in the economic uncertainty of the times, it's amazing any dealers survived. Don

Bermuda Ken · Aug 20, 2018

Interesting reading.....I often wonder how it would have distilled out if the dealers had to fight it out amongst themselves instead of being strong armed into closing by Racine. In many cases (no pun intended) the WRONG dealer was closed and in the end it hurt CIH and helped Brand X...

Tenneco, Case, IHC Reading

connor9988

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Bruce from Can.

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John Saeli

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tomturkey

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connor9988

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Ande

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Don Rudolph

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Bermuda Ken

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