JD Seller would have to speak up as to the details but Titan is a multi-state operation as opposed to a two or three individual location dealer. If it were just a two or three location dealer of course people could just find their way to another CIH outlet without corporate sweating it much. Floor planning is not that big a part of a dealer's operation unlike a generation ago. At least here in the East dealers speak in terms of corporate prefers that nearly all machine inventory be pre-sold. So if the machinery has been delivered to the customer, the money collected or finance contract in place and there is still a billion dollars or more outstanding then there is a serious problem. That money may have been diverted to fulfill an expansion plan on the part of the dealer or it may have been embezzled. Again, the Midwest guys can tell us more about this but this situation is far from ordinary for a dealer failure.
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Today's Featured Article - Tractor Profile: Silver King - by Staff. Silver King tractors were produced by the Fate-Root-Heath Company of Plymouth, Ohio. The company was founded by John Fate in 1884 and was originally called the "J.D. Fate Company". After several mergers over the years, the final company name of Fate-Root-Heath came about in 1919. The first tractor produced was actually called the "Plymouth" tractor and was powered by a 20 HP 4-cylinder engine with a 3x4" bore and stroke. The four speed transmission had a top speed of 25 mph! After more t
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