redneckford
Platinum Member
Get---er---Done!!!!!
FarmTrac Troubles
- Thread starter gamble77
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Taxpayer,
Thanks for weighing in!
As if you're going into someone else's neighborhood, play by their rules and beat them? Indeed, foolish to think such an outcome is likely to happen.
As if the Town of Tarboro didn't get stiffed some money in the deal? [Court docs say the Receiver has made a conscientous installment ... I'm referring to tax years 2005, 2006, 2007]. I find it verrrry hard to believe.
--b
Thanks for weighing in!
Probably should remember what works and stick with it.taxpayer said:
As if you're going into someone else's neighborhood, play by their rules and beat them? Indeed, foolish to think such an outcome is likely to happen.
There are a cadre who continues plugging away at it! My gratitude go to them ... and encouragement to keep at it.taxpayer said:
Yes, the lid needs to come off that stench and the public should have a full whiff of it.taxpayer said:
For all the crooked deeds, I find it difficult to believe these cats had reconciled taxes? That in itself should make them worthy of some sort of fines, deposition(s) and/or Federal inquiry(ies)?taxpayer said:
As if the Town of Tarboro didn't get stiffed some money in the deal? [Court docs say the Receiver has made a conscientous installment ... I'm referring to tax years 2005, 2006, 2007]. I find it verrrry hard to believe.
--b
SESS
Gold Member
I found this quote on another thread here from Messick Equipment and he wrote " I know this is beat to death here, but a good dealer is what makes the brand. None of these companies are anything without the dealerships backing them up. If your local Deere guys have crappy attitudes things would probably be very different in your area. Heck, I don't sell Deere, but if thats how your local dealers are than whats what you should be buying. No tractor is worth buying from anyone who can't back it up, not matter how good a value is maybe."
I think that is a very profound statement and I wanted to share it on this Farmtrac trouble thread. That statement says it all. I hope that the floor plan companies and all the other tractor manufacturers read that. Don't just read the words. But listen to it when you say it. If you have no dealers-you have no product to sell. The product is not worth the money it took to assembly that unit. Dealers are a very, very vital role in selling products. Obvioulsy or the floorplan companies and manufacturers would just sell the product direct! YOU NEED THE DEALERS!
I think that is a very profound statement and I wanted to share it on this Farmtrac trouble thread. That statement says it all. I hope that the floor plan companies and all the other tractor manufacturers read that. Don't just read the words. But listen to it when you say it. If you have no dealers-you have no product to sell. The product is not worth the money it took to assembly that unit. Dealers are a very, very vital role in selling products. Obvioulsy or the floorplan companies and manufacturers would just sell the product direct! YOU NEED THE DEALERS!
rascoil
Bronze Member
- Joined
- Feb 27, 2008
- Messages
- 62
Some info on a local dealer and what he is doing.
1562 NW Access Rd
List of what he is selling
1562 NW Access Rd
1562 NW Access Rd
List of what he is selling
1562 NW Access Rd
redneckford
Platinum Member
I guess that is why Messick sells so many parts on the internet!!!Local service??? Most weekend warriors do not understand what is means to have a strong local dealer with "parts" and "service because many of the cut's only need filters, belts and hoses. They get that at the local car parts house cause they perceive them to be "cheaper". They buy their other parts online and get mad if they can't find someone to help them fix their tractor under the shade tree. They can't understand that Liability insurance has to be paid Workman's comp insurance, "Local" sales tax and oh yea a live able wage to your employee's. That is the big change coming to the Ag Market, many cut's are having to pay the bills at the local tractor dealer cause most farmer are starting to act like weekend warriors, can you blame them, if you can get the other guy to pay the bill while you get yours for free more power to you. But do not be surprised when you see a sign in the local farm equipment dealer stating. "we will work on your tractor for $500.00 per hour if you bought it somewhere else and you supply the parts. We guarantee nothing and by the way pay the estimate plus 20% up front and please understand it may be a few weeks before I can work on it cause i got to help fix a tractor I sold a guy over the internet in a state three hundred miles away so I will be on the phone a----while!!!!!" It is all about the money nothing more nothing less this is not your grandfathers generation you are dealing with!!!!! No loyalty to any person or brand until you need something. Just facts as I see them. oh yea!! how many JD's has Home Depot sold!!! The numbers will surprise you! Guess who they suckered to do the warranty work????? Oh their dealers make a profit doing warranty work. O' Really!!!
Blueliner,
Wouldn't it be great if some one passed a law to the effect that if a manufacturer or distributor missed a tax payment by so many days the tax authority would require the manufacturer/distributor to notify all dealers and prospective dealers of the failing. If this had been law in 2005 I would never have taken on the Scorpion tractors and the attending loss that caused me and I would have been suspecting problems at Farmtrac before I read about it on TractorBynet.com!
Wouldn't it be great if some one passed a law to the effect that if a manufacturer or distributor missed a tax payment by so many days the tax authority would require the manufacturer/distributor to notify all dealers and prospective dealers of the failing. If this had been law in 2005 I would never have taken on the Scorpion tractors and the attending loss that caused me and I would have been suspecting problems at Farmtrac before I read about it on TractorBynet.com!
SESS
Gold Member
Hey Rascoil-How's that tractor working for you? All up and running great I hope! Give us an update!
Lineman North Florida
Elite Member
- Joined
- May 12, 2008
- Messages
- 2,797
- Location
- LaCrosse Florida
- Tractor
- Farmtrac 360 DTC with FEL & John Deere 5093E with FEL ,Kubota SVL 75-2
I am pretty new to this site, I did buy a brand new farmtrac from a local dealer who has now been apparently forced to close his doors. I put in a thread asking about a filter crossover list and got 1 response about the oil filter but none of the other filters for my 360 DTC with FEL , so I thought I would ask some of you guys for any info that you might have. I am pretty whipped out about the owners of the company pulling this stunt on you fellas and I do hope that this will work out one way or another without putting you fellas out of business, any help from you all would be appreciated. Thanks.
longtrman said:
Longtrman,
Thanks for the post. Shows me you're thinking.
That seems like it'd be an extension of the 2002 Sarbanes-Oxley business reform act.
I wonder how much "infrastructure machinery" would be required to implement it? Maintain it?
Sounds like something to hit up state and federal legislators for.
Don't know where this ties in but... I think you mentioned running a Dunn and Bradstreet report on a business to check their fiscal health.
Since even beancounters can only cook the books so long ... the aforementioned keeps leading me back to something: Textron's complicit role in the scam finance program, investment flop and subsequent scramble to recoup losses through a joint tractorloading effort with "sleeps with the fishes" Farmtrac North America.
--b
redneckford
Platinum Member
NO!!!!N0!!!!!NO!!!!-----BLUE----- TALK POSITIVE ABOUT T------so that the dealers will lose only half as much money-----around here they are talking about a discount match if dealers talk positive about T------and Farmbrac tractors so let's help them talk positive. Customers beware someone wants someone else? to start telling lies now!!!!!! Long term parts support???? Long term warranty???? Resale value after T------ gets rid of all their tractors and the dealers are the only ones with paid inventory. what a great deal!!!!Get it right and then ask the dealers to participate!!!!
I don't think it would take too much to maintain. If there was a jail term for the CEO who wouldn't tell the dealers he had missed the tax payment, I think he'd be more than happy to comply and pay his taxes. It would get two ducks with one rock--dealers would know long before D&B would have a report and the taxing entity would not be unpaid for 3 or more years. (A third benefit, we would know where to find the Indians--just look in the pokey!)blueliner said:
The Dunn& Bradstreet report that would tell you anything more than company name and address costs about $250 and is requested by a lawyer.
Before Scorpion Tractors went belly up the floor plan company, GE capital, called all the dealers to say "don't take any more tractors on floor plan". I said "Isn't floor plan how you make money?" GE said they couldn't give any details but to not accept any more tractors. When the lawyer did the D&B Scorpion hadn't paid any taxes local or otherwise for several years. Really I respect GE more for their handling than I do Textron for the way they have handled it.
The dealers were critized for not telling prospective customers before the news broke on TractorByNet,com. In actual fact most dealers found out something was up by reading TractorBynet.com. No company is going to tell that they are finacially broke voluntarily. At the very least the government would be paid.
redneckford said:
Red,
I have been thinking about resale after Textron---I really think that once this is over the resale of Farmtrac tractors will improve or at very least won't be as bad. This of course depends on the general economy. I think uncertainty is really, really driving the price down. And with the big T we have enough uncertainty for everyone. After this settles down people will discover that the Escorts tractors are pretty much just fords with a different name. A few parts will have to be sourced differiently but the prices we now have it's probably a good gamble. Cab glass will be a problem and certain other parts but the dealer group really isn't relying on Textron for that. They are attempting to set up a dealer co-op to import parts that can't be obtained from NH. Some dealers have been sourcing parts from New Holland for engines in the 45, 60, 545 and 555 series tractors. Yes you have to pay NH prices! Some have sourced parts for the 70, 80, 665 and 675 transmissions from JD. And some have had to get motor parts and filters for the 80 and 675 tractors from Massey Ferguson. Motor parts for the 35,435 and 535 can come from certain models of Kioti (DaeDong engine). We have all been told by the Indians that many of the 3600 Ford tractors sold by Ford Tractor operations through Ford dealers to American farmers were actually made by Escorts in India, the parent company of Farmtrac. (3600 =545 or pretty nearly so.) As far as fuel injection pumps and injectors those have always been obtained through the diesel injection repair service shops not throuh the dealers.
farmers world
Member
- Joined
- Feb 26, 2008
- Messages
- 31
Try-oil LG2659-Wix51365
air LG3305-Wix42985
air LG3304-Wix46438
hydLG1097-Wix51536
FuelLg2730-Wix33262
air LG3305-Wix42985
air LG3304-Wix46438
hydLG1097-Wix51536
FuelLg2730-Wix33262
rascoil
Bronze Member
- Joined
- Feb 27, 2008
- Messages
- 62
SESS said:
It is running good. This motor is right and starts with out any problems. I had to replace a power steering line they sent me. The one from the parts house in NC was dry rotted. Rubber does that after a bit. I am real impressed with the job the guys done. Cost me $2,000.00 in labor to get it fixed. I am happy with the tractor. It sounds crazy, but I would purchase another one. I am very pleased with it.
The folks in the parts house in NC went out of there way. I just wish the rest of the company was as good as Hardy is. redneckford
Platinum Member
Longtrman I agree it will be tuff but not impossible and once other tractor owners find out where and who really builds their tractors they will have a different attitude. Right now perception is the problem---- but I agree that with good hard working people in charge of the "decision making process " good things will come from bad situations. cause very one knows that those tractors are good product......WHERE THERE IS A WILL(IS THERE ANY OTHER CHOICE) THERE IS A WAY. Move the rocks and trim the trees build that trail to SUCCESS!!!!! Heck with a trail build a highway--------------
SESS
Gold Member
rascoil said:It is running good. This motor is right and starts with out any problems. I had to replace a power steering line they sent me. The one from the parts house in NC was dry rotted. Rubber does that after a bit. I am real impressed with the job the guys done. Cost me $2,000.00 in labor to get it fixed. I am happy with the tractor. It sounds crazy, but I would purchase another one. I am very pleased with it.
Rascoil-
That is what we want to hear! A happy customer, happy with his tractor, happy with the parts company, and happy enough to buy another one! Thank you for keeping us posted with the positive results.
While the management of Farmtrac absolutely stuck to high heaven-the product is good. Farmtrac tractors are a good piece of equipment and these days you can get a good price on them! I hope everyone needing a tractor will consider the blue ones! Don't count them out yet. With a good dealer and a good piece of equipment, you won't be disappointed!
SESS
Gold Member
Searching the Better Business Bureau website today to see if any complaints had been filed against Farmtrac because of this mess they created and yes there were some. What caught my eye was the President/CEO was listed as Antonio Alvarez, III. That name is new to me. Haven't heard of him. The report is as of July 11, 2008-I just wonder if that is old news. I am sure that it is since a receiver was appointed, but just never knew he was part of Farmtrac. Here is the link: Raleigh, NC: Check Out a Business or Charity
Anyone know who he is or when he was with Farmtrac? Thanks
Anyone know who he is or when he was with Farmtrac? Thanks
Antonio M. Alverez III is the son of one of the pardners in the firm of Alverez & Marsal( a real story in it self for anyone who wants to GOOGLE them)He was sent in to restructure an ailing Long MFG INC. he bought controling interesting in Long and changed the name to Longagribusiness, he and Alton cobb CFO filed papers with the NC SEC OF STATE forming Beaver Creek Holding co LLC, Alverez was CEO and Cobb CFO according to papers on file.he and/or Cobb later brokered a deal withthe indians to give Escorts control(sure would like to know what was pocketed on that deal and by who)Alverez is now in charge of the London office according to company info. Cobb at last report was still sitting in Farmtrac's office. these two guys could really shed some light on things if they would.(fat chance)---------TaxpayerSESS said:
redneckford
Platinum Member
taxpayer----I keep hearing how the Indians took all the money back to India-----I have been studying the Brennen Woods angle and very thing else involved in international trade. I am beginning to wonder if there was "any" money skimmed off. I wish that Alverez, Cobb or Beaver Creek would have some of their surrogates respond to where the money (Profit????) really went. If after they got the Indians to take it over it (The LONG Company) were they ever able to reverse the negative cash flow position that they were in when the Indians took over the company. If,for fact, they ever generated any profit after paying those high price salaries to those territory personnel and high interest rates to the Floor plan company. It takes alot of cash flow to run a far flung operation that FarmTrac had become. It is easy to blame mismanagement when we do not know the true facts over how and "why" Escorts took over the Company. (How much was owed to LG,UTB,and Same at that time)Some of the talk on the street is how the "Dealers" made all the profit on the US side of the pond and that the Factory was losing money shipping tractors to the US because of the change in the Dollar value versus foreign currency.(They are still shipping tractors to Europe, High Euro) Also that many foreign companies and manufactures do not understand US laws in regards to warranty payments and work. Did FarmTrac generate positive revenues at any time in the last five years or was it just a pyramid scheme that has played out since 1988 or so. How did they determine their sales price of tractors, was it based on a profit model or a production schedule model. Look at how K----- is trying to buy the market share at this time. Do you really think they are making alot of money per unit or trying to build a large share so that they can make a little on a large share like the oil company's are doing with each barrel of oil. $2 times a big enough number equals a large profit. What do you thunk????.-------- WHO KNEW WHAT WHEN!!!!!!----THAT IS THE ANSWER!!!!!----CAUSE IT IS OBVIOUS THAT THE DEALERS WITH ALL THIS INVENTORY DIDN'T KNOW WHAT WAS GOING ON!!!!!!!!!!!!!!!!!!!!!!
Redneckford, you bring up some very good points, it appears from my research that Alverez did in fact ,do the job his company was hired to do.I met him once in a dealers meeting in sealy tex. when he became CEO,and I can tell you , he was very aggressive and efficent in his approach.he expanded the dealer network, put in place service training and sales programs that were very effective during his tenure.there were many improvements to the company.most dealers and very few workers were aware of his true role at Longagribusiness,as a result of his work at Longagribusiness, sales increased along with company profits, but it must be remembered that his stay at the company was intended to be temporary.I believe he was instrumental in helping Escorts with a floorplanning program when they purchased controling interest. the floorplanning program was good for the company and the dealers as long as it was properly managed.his purchasing of controling interest when he first came in was Not in line with the published policy of Alverez & Marsal. but I would rather not discuss details on a open forum,Red,I do not believe market factors brought Farmtrac down entirely. I think a thorough investigation will reveal a scheme spanning several years,masterminded by one person, the indians were not the culprits, however their poor business practices was definately a contributing factor. enough said for now.-----Taxpayerredneckford said:
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