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Implement Alley Discussion Forum

Re: corn pickers

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Author  [Modern View]

09-12-2013 16:26:19

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That's how Stitzels got a bunch of new pickers to sell back then. He bought several truckloads from all over the Midwest (maybe even right from New Idea) and set them on his jockey lot. The 325s moved fast, the 324s took over 10 years to move, and I think the last 323 didn't go until 2008. He still has an NOS 329 sheller there.

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NY 986

09-12-2013 16:58:57

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 Re: corn pickers in reply to Tim(nj), 09-12-2013 16:26:19  
I don't remember some of the details anymore but seems New Idea was pressed to unload the picker inventory ASAP back then.

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09-12-2013 17:07:53

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 Re: corn pickers in reply to NY 986, 09-12-2013 16:58:57  
AVCO dumped New Idea which was then merged with White Farm Equipment (which was a group of investors who took over after White Motors went belly-up in 1980). Combined company failed to pay its creditors (IIRC Borg-Warner demanded immediate payment or they were going to demand liquidation) so any inventory that could be sold for cash was. After a reorganization, they stumbled on until 1992(?) when they defaulted again and AGCO picked over the carcass.

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