Re: Re: 1066,Good or not?

Posted by Red Dave on January 30, 2004 at 11:26:46 from (24.104.94.34):

In Reply to: Re: 1066,Good or not? posted by Barney on January 30, 2004 at 08:24:02:

Barney, you have your "facts" wrong. Tenneco bought the agriculture division of IH and merged it with Case, which Tenneco already owned. IH was bleeding money and the Ag economy was bad, but the Ag division was the only thing of value left they could sell for cash. Case was on the ropes financially too. The Case brand name would probably have disappeared in the '80's without the infusion of the IH line. The Case/IH Magnum line was IH engineering's tractors with Case engines.
In a very real sense, IH saved the Case name.

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