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More AGCO aquisitions

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darrel in ND View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote darrel in ND Quote  Post ReplyReply Direct Link To This Post Topic: More AGCO aquisitions
    Posted: 20 Nov 2010 at 1:07pm
Just read in my Farm and Ranch Guide magazine, that AGCO has aquired 50% interest in 3 North Dakota companies, Amity, Wil-Rich, and Wishek. Amity is the company that took over the Concorde air seeder plant in Fargo when Concord/CaseIH headed north to Canada to join Flexi-coil. Wil-Rich is a tillage equipment company that was dabbling in air seeders long before any present air seeder manufacturing companies even heard of an air seeder. Basically they did all of the expensive development work so other companies could reap the benefits. Wishek is a manufacturing company of off-set discs that make all other discs look like toys. Can't say that I'm all  warm and fuzzy feeling about the deal, nor that it is a bad thing, basically just passing along the info. Being from ND, it kind of hits home a little.  Darrel
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScottinSWIL Quote  Post ReplyReply Direct Link To This Post Posted: 20 Nov 2010 at 9:26pm
 Well I guess Agco just upped the order on those Massey decals.  The shame of it is in a few years when they have the controlling interest they will can some good pieces of machinery along the way.  Sometimes I question their progress.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 20 Nov 2010 at 10:23pm
They will slap the MF decals on that equipment and pretend that MF did all the research and leg work on the products. Surely they can't have these as core brands now, can they? Somehow they have unofficially lifted the Laverda combine to a "core" brand while leaving the heritage that got them where they are out in the cold. Richenhagen continues to defy any logic. His methods are only losing Agco business in North America. It looks like the board would notice the unrest and disappointment out here in the trenches and be alarmed. They must be as arrogant and clueless as Marty is!
If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nowversatile Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 8:16pm
3 more brands to put on the "Do Not Buy" list. I purchased a new disc this spring and it came down to Wil-Rich or Krause, bought the Krause and as of this info am sure glad I did! Can see it coming now, red MF disc - Wishek series, what blasphemy.
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Spud View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 9:10pm
I was under the impression that it was a joint venture and not an aquisition.
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Dave in il View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dave in il Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 9:13pm
Isn't Agco a "mature" company that doesn't need to aquire other companies any more because they have the technology to design whatever the market needs or wants? Or some such BS like that.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jeff-in-Kunkletown Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 9:26pm
Why don't they drop the AGCO name altogether and just call everything Massey? I don't understand the concept of all these different companies. I liked it when companies offered a full line of equipment under one name just to cut down the time spent chasing after parts. Even if they did call everything they own Massey it would be a nightmare for parts guys and mechanics because how do you keep track of so much different stuff made by who knows who or where.
Sucess is how high you bounce after hitting bottom. Gen. George S. Patton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote AndrewGubbels Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 9:31pm
I think whatever AGCO will do or try to do people with have something negative to say. They still have a good product going for them.


Andrew Gubbels
Gubbels Restoration
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jeff-in-Kunkletown Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 9:58pm
I agree they have good products however the two closest AGCO orange dealers to me carry other manufactures lines and decided not ot pick up Massey or Challenger. The nearest MF dealer also sells CaseIH and their salesman tells me CIH outsells the MF in their area by a wide margin. I'd love to have a new Super 7 Gleaner, but its a little out of my budget - and way more machine than what I'd need lol.
Sucess is how high you bounce after hitting bottom. Gen. George S. Patton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 21 Nov 2010 at 10:33pm
Originally posted by Dave in il Dave in il wrote:

Isn't Agco a "mature" company that doesn't need to aquire other companies any more because they have the technology to design whatever the market needs or wants? Or some such BS like that.
Exactly. Now that I think about it more, if a companies leader is willing to flat-out lie to people, maybe we don't want the Allis Chalmers heritage associated with THEM!
If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nowversatile Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 9:53am
Originally posted by Jeff-in-Kunkletown Jeff-in-Kunkletown wrote:

Why don't they drop the AGCO name altogether and just call everything Massey? I don't understand the concept of all these different companies. I liked it when companies offered a full line of equipment under one name just to cut down the time spent chasing after parts. Even if they did call everything they own Massey it would be a nightmare for parts guys and mechanics because how do you keep track of so much different stuff made by who knows who or where.
 
The ultimate goal is MF everything, the dictator just can't make it work yet. He is relying on the "boiling the frog" concept. I am sure He is frustrated that Gleaner is still the profit center of NA and keeping things afloat here. His ultimate goal however, is to force MF on all of us here. As has been stated by many here before: it won't work!
 
Just like other acquistions, it starts at 50% and ends at 100%. How this acquisition fits into AGCO is a puzzle to me. The excess cash made in SA must be burning a hole in the dictators pocket.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 6:33pm
Why would it be a puzzle?  A company in north america needs air seeding equipment to be a full line company.  It makes sense to me.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 6:50pm
What bothers me, and perhaps the others, is that this is the end of some good companies. They have been innovative and straight forward about their companies direction. That is all thrown out the window. They will lose their identity, the departments will be gutted, and the innovation will be gone. Whatever is left will be sold off and scrapped out to make a few stockholders happy for the short term with no regard to long term goals. Just wait and see. Remember Glencoe? White-New Idea? Agco-Allis? McConnell tractor?

Edited by redline - 22 Nov 2010 at 6:53pm
If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GBACBFan Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 7:15pm
What do Monarch Tractor Company, La Crosse Plow, Baldwin Harvestor Co. have in common? Of course they are three companies that were purchased by Allis Chalmers. They didn't exactly go down the sh!t shoot when and because AC aquired them. 
 
Companies buying smaller companies is not a new phenomenon in this country. It's ironic that the Gleaner brand that is so fiercely defended as an AC mainstay was an AC aquisition. Historically purchased companies don't always loose their identity and loose all innovation.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 8:13pm
sometimes the purchaser is foolish enough to lose their identity and assume someone else's.
If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nowversatile Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 8:55pm
Originally posted by Spud Spud wrote:

Why would it be a puzzle?  A company in north america needs air seeding equipment to be a full line company.  It makes sense to me.
 
What happens with all of their Sunflower products? Buying out WilRich just for air seeding?  It seems to me that air seeding technology could have been purchased stand alone for a lot less or developed organically as others have done.  Not long ago AGCO announced acquisitions had ended and future product development would be done internally. They are purchasing air seeding technology, but yet doing ground up development on a self propelled forage harvester, go figure?
 
A pile of duplication. I have used Wishek discs on many occassions and there is simply no disc like it. It is now in dangerous hands. Like the post above, it won't be long and the announcement will come that all operations will cease and be consolidated into Beloit or Hesston! Truly sad as I went to college with guys that worked at WilRich.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Byron WC in SW Wi Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 9:13pm
Yup.  Three more companies I don't buy from.  Wishek builds a good disk and I looked at getting one but didn't have a tractor big enough to pull their small one.  Was contemplating an 8070 or other big Allis to pull one but not now.

I thought AGCO had too many brands already?


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darrel in ND View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote darrel in ND Quote  Post ReplyReply Direct Link To This Post Posted: 22 Nov 2010 at 10:13pm
Spud, As far as it being a joint venture, or aquisiton, I looked back at the aricle, and it states : "AGCO, based in Duluth, GA, will aquire 50% interest in selected air seeding and tillage product lines currently sold under the Amity, wil-rich and Wishek brand names."    It does say in the headline, though, that it is a partnership. Best grab youself a Farm and Ranch Guide, go to page 32A, and check it out.  Myself, I'm not so against the deal, I'm sure that if AGCO didn't have their fingers in it, Some one else would shortly. My main peeve with AGCO is probably like everyone else's in the fact the it seems like AGCO is ashamed of the fact that Allis Chalmers is in their ancestry, and they want to erase them from their past. When in fact, if there hadn't been an AC, there wouldn't be an AGCO.  Darrel
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SHAMELESS Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 12:04am
have ya'll seen the new "heritage" advertizement from agco??
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Herb(GA) Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 9:22am

There is also the comment about competitors, if you can't beat them, buy them.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote JC-WI Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 10:08am
"It's ironic that the Gleaner brand that is so fiercely defended as an AC mainstay was an AC aquisition" -  At least Allis-Chalmers was smart enought to keep the name on the combines after they shut down the assembly lines on their own All-Crop combines. They knew that the name Gleaner had meaning in it. This duluth Ga. dict doesn't care about N.A. .. or what this countriy's farmers want.. products made in the good ole USA. with good ole USA quality. 
 
 I'm tired of seeing imported crap and would bet theres a bunch else out there that don't want it either.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 12:23pm
Originally posted by SHAMELESS SHAMELESS wrote:

have ya'll seen the new "heritage" advertizement from agco??
Is this a print advertisement or a television commercial? I haven't seen it yet. I will have to start watching closer.
If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 3:38pm
If companies don't want to lose their identity, they shouldn't sell out.
I need to get Farm and Ranch coming again!  I have been out of the loop.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GBACBFan Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 6:58pm

JC, your statement above means that the LT, RT, and DT tractors switching from orange is really a moot point. Being built in France, they most certainly fall under the heading of "imported crap" Beauvais, France is a long way from the "good ole USA".



Edited by GBACBFan - 23 Nov 2010 at 7:00pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JC-WI Quote  Post ReplyReply Direct Link To This Post Posted: 23 Nov 2010 at 11:01pm
GBACBFan,  Remember back in the seventieswhen dang neaqr 95% of the tractors at the state fair were FULLY American made?  It saddens the heart to know this country got to deal with imported stuff instead of american designed and built.
  I just wish this country was really more self reliant and  was able to produce its own goods.
 I remember a fellow was given a proto type of some gizmo that 3M had created and he used it for a week and the fellow told the engineers that it was great but they had to design a flaw into it or else the item would never wear out , prompting people to buy another one... and thats what 3M did.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Byron WC in SW Wi Quote  Post ReplyReply Direct Link To This Post Posted: 24 Nov 2010 at 7:37am
GBAC,
It's one of the things that I'm ticked off from.  I bought my AGCO, in large part, due to that fact that it was orange and the Allis Gleaner Company.  My dealer, however nice, is over 60 miles away and I can only begin to tell you how many dealers are closer that aren't AGCO.  Anyway, I'm a made in USA guy.  I search long and hard to find quality made in USA things.  My RT100A is my biggest purchase, (besides our farm and it cost almost 40% as much as our farm),  and it's foreign.   Is it a nice tractor?  Yup.  I actually love it.  But, I wouldn't buy it again, if it were Red, because in that hp range their are still tractors made in USA. 

It's one of my crazy understandings of crazy farmers, me being one.  That a man has a rough time matching his shirt and socks and most of the time won't even care.  But, if he can't match his equipment up it gets his goat. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JohnCO Quote  Post ReplyReply Direct Link To This Post Posted: 24 Nov 2010 at 12:11pm
Bryon, are there still 100 hp tractors made in USA?  I didn't think anything under 120-130 hp was built here or Canada.
I'm wondering with the way the dollar is going if it won't be cheaper to build them here again, or at least in Canada, using some imported parts.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GBACBFan Quote  Post ReplyReply Direct Link To This Post Posted: 24 Nov 2010 at 5:00pm
Originally posted by Byron WC in SW Wi Byron WC in SW Wi wrote:

It's one of my crazy understandings of crazy farmers, me being one.  That a man has a rough time matching his shirt and socks and most of the time won't even care.  But, if he can't match his equipment up it gets his goat. 
 
Well, Byron, you explained yourself extremely well here. In this whole discussion over the past months, your comment is very well put, and helps explain the frustration. I had to smile when I read it, but it's hard not to understand and respect your perspective.


Edited by GBACBFan - 24 Nov 2010 at 5:02pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisFreak MN Quote  Post ReplyReply Direct Link To This Post Posted: 24 Nov 2010 at 9:14pm
And to think it only took GBACB fan a year + to finally figure it out! It's what we've been saying all along.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GBACBFan Quote  Post ReplyReply Direct Link To This Post Posted: 24 Nov 2010 at 9:31pm

I'm still struggling with some of the double sided arguments (emotional decisions justifying good business decisions, the importance of made in USA and trashing foreign made product except for AGCO tractors, the unacceptability of having a new tractor painted per taste vs the need to buy it orange from the factory, the position that because of one unpopular decision made by AGCO, everything they do is frogged up) but I will concede I now understand how emotion over anything else is the driver for some. There's nothing wrong with that, I just struggle to get my mind around that.

The mental pic of Byron happily wearing pink socks with an orange shirt but upset because his orange tractor is pulling a green plow helps me understand.
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