Since you have a multi-meter I'd check voltage going into the distributor when engaging the starter by grounding one lead and touching the other to the stud on the side of the distributor. You should see 12 volts. When you let off the starter switch/button, you should see 6 volts. They are designed/built this way to give it a hotter spark when starting, but only when the starter is engaged. One you let off the starter, it goes to 6 volts to lengthen the life on the ignition points.
There should be a resistor (faded part # 68 in this diagram) pretty close to the location of the voltage regulator as shown in this wiring diagram from Case/IH online parts book:
Case IH | Schematic, Manuals, Specifications and Diagrams for electrical system, starting and lighting, gasoline engine tractors | MyCNH US Store That resistor is bypassed when the starter is engaged to provide 12 volts to the distributor on startup. I'm wondering if your coils have a internal resistor, I'm thinking they are marked if they do.
Since I don't know what wiring has been changed, or deleted, if the wire bypassing the OEM resistor has been deleted and sending 6V to an internal resistor coil (if that is what you have) I'm not sure how much more it may reduce voltage. Your multi-meter should tell you pretty quick.
If you do have 12V at that stud when engaging the starter, I'd clean the contact points even though I'm sure you said they were new. I have read where they put a coating on them from the factory to prevent possible rust. A piece of card stock, new business card, or even a fairly new dollar bill makes a great cleaner pulling through the points when closed. Since you have starting fluid a little spritz before and after of pulling cleaning paper of choice through several times.
If that doesn't work, I'd suspect the condenser. Even though new I'm seeing some guy's getting bad condensers new out of the box. Just make sure where the band around the condenser is making good contact with the base plate inside the distributor, even though the screw into the base plate should be good enough, and make sure the wire from condenser is properly attached to the contact point set.
Start with the easy stuff first, checking voltage in and out of the coil with switch in running position, then in starting mode, whether by key switch, or push button switch. Then work your way through the ignition system, cleaning points, checking condenser mounting/connection. It's probably something simple, just have to work your way through it.