Talked to an AGCO rep today

 

But we all own orange stuff on here. I was asking about something that says Ago on the side- esp on that just says agco and that is orange.

 

Now sure about the hit on value- i dont trade stuff- it generally comes here for good.

 

 

No sure what you mean by dig deeper. that is the primary legal reason for "modern" corporations (not churches, cities etc). i have done about as much digging as i want to- sitting in all those business law classes, corp tax, entities, directors, ethics etc was enough for me!

 

Lonn,

 

Sounds like you are referring to companies chartered by the Crown? Were not "legal persons" and could be revoked at the pleasure of the King...

Nope, not exactly. This really belongs in the political forum but the founders were against corporations of the English type and wanted restrictions on them. They looked at English corporations as part of the reason for the need to break away from the crown. They didn't consider American corporations should be as our government has defined them today. They were first to provide a public good as their charter. Is that the reason they exist today? The founders wanted a corporation status to be revoked if they didn't meet this charter reason or if the corporation broke the law. There is a lot to be said on the subject and should be brought up further on the political forum.

 

We've always ran AC tractors. There came a time that we needed to buy a newer tractor though. AC was gone and all Agco had to offer was some repainted foreign tractor. That and the fact that nobody knows when they will drop a tractor line and the company support that goes along with it. As bad as I hate to say it, we went with JD.

The AC name is for collectors but if you own orange equipment to farm with whether it's AC or AGCO the value took a hit when they dropped orange and the Allis Gleaner Co name. Especially true if you own orange AGCO tractors. So forget the collector's perspective. Look at the hit you take on trade in value. We do trade in once in a while. Now If at some point I decide, like my cousin, to get out of my Gleaner into a company that is stable I'll take a hit just because of this. Forget me though, I'm not in it for the money and I'll stay with old Gleaners as long as I can but my cousin took a major hit on the value of his AGCO tractors. Do you think he should trust AGCO and trade in his CaseIH combine for a Gleaner that he may not be able to trade back out of because AGCO might paint them red and throw a Massey decal on them? I'd think hard if I were him. He was hot after an R65 at one point until AGCO dropped orange. My bet is that he stays with CaseIH. That's the smart move. He bleeds orange as much as anyone but he is also smart about the future. I hope he goes with an R65 but I wouldn't blame him if he didn't AND THE REASON WILL BE BECAUSE AGCO DROPPED ORANGE. So anyone who claims it makes no difference........well apparently it does with some people. That's a fact you can't argue with. That fact proves AGCO is wrong.

Amen on that.  Often I hear that free trade benefits the consumer by making things affordable; thats the good thing about free trade. Is true in a lot of cases, but not always.  I seen items at the hardware store side by side, one made in Chine, one in USA.  USA one about the same price...Im thinking, the USA made company can make a profit at that price, but somehow the competitor had to have it made in China?  Smacks more of greed to me than trying to be "competitive".  US Corporations have abused and taken advantage of desperate employees in the past, giving rise to unions.  Nowadays many say companies dont do that, no such need for Unions. It is true a lot of the things unions fought for are now law, and there may not be such a great need anymore in the States, but thats not because Corps have gained a consciense.  They will and do still continue to do those bad things many times thru a proxy, but now its done out of sight via "outsourcing"....