FarmTrac Troubles

   / FarmTrac Troubles #141  
Not to be a wet blanket, but we all saw this comming and know that this will not be the last of the minor tractor companies to go under. At this point, the tractor business is not even starting to feel the cruch of the slowing economey. Most major companies where up for 2007 as whole. If we do slip into a recession you'll see more of this happening.
 
   / FarmTrac Troubles #142  
MessickFarmEqu said:
Not to be a wet blanket, but we all saw this comming and know that this will not be the last of the minor tractor companies to go under. At this point, the tractor business is not even starting to feel the cruch of the slowing economey. Most major companies where up for 2007 as whole. If we do slip into a recession you'll see more of this happening.

It's not inconeivable that even one or two of the "majors" could run onto the rocks also . Before the farm crunch of the 1980's, no one would have bet International Harvester would have met the fate they did. It has almost nothing to do with product quality. This is about corporate management skills in hard times.
 
   / FarmTrac Troubles #143  
Farmwithjunk said:
It's not inconeivable that even one or two of the "majors" could run onto the rocks also . Before the farm crunch of the 1980's, no one would have bet International Harvester would have met the fate they did. It has almost nothing to do with product quality. This is about corporate management skills in hard times.


The thing the majors have going for them though is that they are riding high on grain farmer sales. According to the farm news I get they have had very high sales last and into this year in big tractors, combines, and equipment fueled by higher grain prices.
Of course throw in a little bad management, falling commodity prices(if the bottom falls out of the grain market) and fuel prices pushing the ag sector and they could be in trouble too.
 
   / FarmTrac Troubles #144  
Farmwithjunk said:
It's not inconeivable that even one or two of the "majors" could run onto the rocks also . Before the farm crunch of the 1980's, no one would have bet International Harvester would have met the fate they did. It has almost nothing to do with product quality. This is about corporate management skills in hard times.

I don't see it happening with US companies. With the weak dollar, exports to other countries are stronger than ever.
 
   / FarmTrac Troubles #145  
Farmwithjunk said:
It's not inconeivable that even one or two of the "majors" could run onto the rocks also . Before the farm crunch of the 1980's, no one would have bet International Harvester would have met the fate they did. It has almost nothing to do with product quality. This is about corporate management skills in hard times.

It won't happen to Green
:D
 
   / FarmTrac Troubles #147  
Green..... I am a former "Green" technitian and they build just as much junk if not more than any other company. They are reallly good at hiding it because if they are good at anything it is marketing! As for "Green" they are as much foreign as any other company. Tractors form India, Balers from Germany, oh and yes they do buy equipment and slap their name on it. As for the tractor market every company is constantly looking over their shoulder and checking where they step to see if the rug has been pulled from under them. Farmtracs issues in my opinion are a failure of checks and balances of management. Or maybe too many "checks" and no management. Anyway as for equipment every company builds quality equipment and they all buy and sell to one another to try and make money. Money after all is the bottom line and Farmtracs bottom line just isn't working. As for the consumer if you like the equipment you use and it performs as needed why should the brand or color matter. As for parts for Farmtrac compact tractor parts can all be purchased through Montana if needed. The Engine parts for the 270 can be purchased through Kioti. The "Ford" look alikes......... we will have to wait a little longer and see who picks up the slack on those parts. Some are the same as the old Ford tractors but most parts are not interchangable.
 
   / FarmTrac Troubles #148  
ToadHill said:
Hay Ned, it happened to green already "Oliver".

Hey Toadhill. I see you own a Kioti? How do ya like it?
 
   / FarmTrac Troubles #149  
Builder said:
I don't see it happening with US companies. With the weak dollar, exports to other countries are stronger than ever.

Sincerely,

Lee Iacoca
 
   / FarmTrac Troubles #150  

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