Posted by Dick2 on October 26, 2012 at 16:17:03 from (174.19.205.113):
In Reply to: help me identify posted by Craig 300u on October 26, 2012 at 10:19:03:
American Tractor was started by a DP from Europe after WWII. Terratrac was the brand name of the tractors that the company made.
American Tractor company merged with JI Case and the DP became the President of JI Case. The DP was a dishonest manipulator, as was his wife who was a stockbroker.
When Case introduced their new line of tractors, the DP had the dealer meeting in a bull fighting arena in Mexico, with bottles of Tequila everywhere in the arena bleachers. Case personnel circulated among the intoxicated dealers with order pads.
As the orders were turned in, Case stock soared - and the DP's wife was selling their personal blocks of stock at inflated prices. When the dealers sobered up a couple days later, they cancelled orders right and left - and Case stock fell and eventually forced Case into filing bankruptcy. But before the company filed bankrupcty, the DP & his wife had fled the country for some island where they couldn't be touched.
I wouldn't buy anything Terratrac just on general principle, plus I don't know if Case has any parts for them.
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Today's Featured Article - It Can't Be Done! - A Tractor Story - by Neil Campbell. I'll never forget the time back when I was a boy baling hay on our Farm in Big Rapid, Michigan. The most memorable event that took place was a trip up the steepest incline on the farm pulling an old New-Idea baler with a pony-motor for power and a haywagon. I had just talked my Dad into buying an old John Deere B with 6-speeds ahead and I was real proud of it, except it was a little smaller than the Case tractor that we normally
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