A look inside the Terramite plant

[Dart1917]

The real estate listing for the Terramite plant-

600 New Goff Mountain Rd, Cross Lanes, WV 25313 | LoopNet

600 New Goff Mountain Rd, Cross Lanes, WV 25313. This Industrial property can be viewed on LoopNet.

www.loopnet.com

 

[Matt W]

That's kinda sad.

 

[mytonka]

Well "NUTS" I was afraid this would happen.
They were struggling for many years due to mismanagement & sales competition. Covid probably put the last nail in them.
They did make a tough quality product.
Any news on where the parts or backhoes have gone?
Thank you for posting this Dart1917.

 

[Hay Dude]

Maybe the Chinese will buy em
So sick of this scene playing out in our country.

 

[Jchonline]

Looks like they were bought in 2012, guess the new owners could not keep it going. Sorry to hear. Another one bites the dust.

List of former tractor manufacturers - Wikipedia

en.wikipedia.org

 

[Dart1917]

Maybe the Chinese will buy em
So sick of this scene playing out in our country.

It was a Chinese guy that bought them and had plans to update everything. A couple of years ago I read up on the guy, don't remember his name, but he was a very successful business man who was a Stamford business school graduate. Didn't seem like the kind of guy to invest millions if he didn't think he could make it work.
Link to Terramite video-http://terramite2.aronfield.com/product-video/

 

[5030]

Lots come and go it seems like. I believe the field is still overcrowded which is why companies like Kubota are buying up smaller manufacturers. John Deere too.

Only the strong (and profitable) survive.

Problem is, when they go, parts can be a pizzer to get.

 

[jheissjr]

It is interesting to see inside the factory. I guess they sold all remaining machines. Not a single machine left inside. It's possible a proxybid auctioneer will come in and sell everthing inside the building.

I watched the promo video by the way. Do all T5C's make the whining like in the video?

 

[Hay Dude]

It was a Chinese guy that bought them and had plans to update everything. A couple of years ago I read up on the guy, don't remember his name, but he was a very successful business man who was a Stamford business school graduate. Didn't seem like the kind of guy to invest millions if he didn't think he could make it work.
Link to Terramite video-http://terramite2.aronfield.com/product-video/

That’s too bad he didn’t succeed. I would have liked to see a success story like that.
I meant the Chinese as in a CCP group from mainland China like the ones that steal our technology and buy up our rare earth metals mines, etc. Those types of stories make me cringe a bit.

 

[RalphandhisTerramite]

I reached out to sales at Terramite to get more info, they said only the building is for sale, not the company and they will still be selling parts. "We plan to be here for a long time supplying OEM parts & service!"