Lot of things went wrong but most of it goes into poor management. Most manufacturers want to have 90 days minimum cash on hand for materials to make whatever it is they make. Some like even more. So most of industry likes about a 5-7% NET profit. IH's target was 2% to give investors a better return on their investment. Then add in things like staying with the TA instead of going with a power shift. The poor hydraulics mentioned by others. There was more than one reason people started buying other brands.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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