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AGCO's Golden Opporunity
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620Doc View Drop Down
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Joined: 11 Sep 2009
Location: Ohio
Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote 620Doc Quote  Post ReplyReply Direct Link To This Post Topic: AGCO's Golden Opporunity
    Posted: 26 Jan 2011 at 3:01pm
Recent events and circumstances have given AGCO of North America a golden opportunity to make a big impact in this market. Allis-Chalmers Energy has been bought out by another company. This would seem to make the Allis-Chalmers name and logo available to any interested party. We also are hearing about AGCO opening a new production facility somewhere in the US in the near future. Given the current state of our economy, imagine the media attention and it's impact that would occur if they announced a "Rebirth of an American Industrial Icon. Allis-Chalmers", at the grand opening of the new plant. The US is starving for this type of news right now.
 
This would mend the rift with the "Orange Family" and get them charged to buy new equipment. New job creation would be celebreted by local, state and probably even the national government.  This as a win-win situation. But the moment is now.
Every day is a holiday. Every meal is a banquet.
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TomYaz View Drop Down
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Points: 10325 		Post Options Post Options   Thanks (0) Thanks(0)   Quote TomYaz Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 3:17pm
Originally posted by 620Doc 620Doc wrote:

Recent events and circumstances have given AGCO of North America a golden opportunity to make a big impact in this market. Allis-Chalmers Energy has been bought out by another company. This would seem to make the Allis-Chalmers name and logo available to any interested party. We also are hearing about AGCO opening a new production facility somewhere in the US in the near future. Given the current state of our economy, imagine the media attention and it's impact that would occur if they announced a "Rebirth of an American Industrial Icon. Allis-Chalmers", at the grand opening of the new plant. The US is starving for this type of news right now.
 
This would mend the rift with the "Orange Family" and get them charged to buy new equipment. New job creation would be celebreted by local, state and probably even the national government.  This as a win-win situation. But the moment is now.
 
Fahgetaboutit
Its all about stock price, doncha know?!
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620Doc View Drop Down
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Joined: 11 Sep 2009
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Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote 620Doc Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 4:09pm
You are absolutely right, Tom. It's that type of market buzz that gets the attention of investors.
Every day is a holiday. Every meal is a banquet.
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morton(pa) View Drop Down
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Joined: 11 Sep 2009
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Points: 1234 		Post Options Post Options   Thanks (0) Thanks(0)   Quote morton(pa) Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 5:21pm
Nope, not really. Seeing as the real Allis Chalmers died in 1985 and nobody really knows who they are anymore, it won't change the stock price.
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Points: 8200 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DougG Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 5:42pm
I believe the only reason AGCO would buy the ACE name and logo would be to bury it forever ; to resurrect it would be great , but unfortunalty people always remember the bad\ worst things that happen ; job loss ,  bankruptcy and folding is AC,S HAUNTED PAST ; just an opinion though; AGCO,s their own company now with the mighty MF leading the way , OMG
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Joined: 11 Sep 2009
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Points: 3283 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Rfdeere Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 5:51pm
   If you go to Allis Chalmers Energy website, They are referring to this as a merger. No were in that can I find were they are going to stop using the Allis Chalmers brand or logo.
   http://www.alchenergy.com/profiles/investor/fullpage.asp?f=1&BzID=1233&to=cp&Nav=0&LangID=1&s=0&ID=11002
Randy Freshour,Member Indiana AC Partners,
http://www.rumelyallis.com
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Spud View Drop Down
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Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 6:57pm
There is no guarantee the logo would be for sale but money talks.  Usually when somebody is taken over, the idea is to eventually consolidate under one name for simplicity.
I don't see the point of a whole line of equipment but if they offered an orange AC version of the tractor through either the MF or Challenger dealer it would be a win/win.
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Points: 29486 		Post Options Post Options   Thanks (0) Thanks(0)   Quote SHAMELESS Quote  Post ReplyReply Direct Link To This Post Posted: 26 Jan 2011 at 7:15pm
ACE is a china company!
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Joined: 16 Sep 2009
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Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 2011 at 7:38am
Why do you say it is Chinese?  It is a publicly traded company based in the US.
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BiG210 View Drop Down
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Points: 412 		Post Options Post Options   Thanks (0) Thanks(0)   Quote BiG210 Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 2011 at 3:59pm
Isent the allis chalmers name and logo owened buy brigs???
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Points: 1013 		Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 2011 at 4:32pm
Originally posted by BiG210 BiG210 wrote:

Isent the allis chalmers name and logo owened buy brigs???
I think they only obtained permission to use it. I don't know, but I would assume some money changed hands in the process.
If it weren't for the last minute, I wouldn't get anything done!
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