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Allis-Chalmers really in the news |
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EPALLIS
Orange Level Joined: 12 Sep 2009 Location: Illinois Points: 1141 |
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Posted: 17 Aug 2010 at 10:44pm |
Why is Allis-Chalmers suddenly the "hot" topic? First, AGCO does the dunderhead decision and says they are going to stop manufacturing orange tractors and convert everyone to either yellow or red. Then Last week, Allis-Chalmers Energy is sold to Seawell, effectively eliminating the A-C name from existence. Then a boat load of law firms have started lawsuits against A-C officers and directors for violations of fiduciary responsbilities. Now, today the city of La Porte Indiana awarded "millions" of dollars from former insurance companies that A-C paid premiums into to clean up the old A-C site. What's up with all of this?
In the mean time going orange is still going great, but why all the bad news? Any thoughts or insights?
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DougG
Orange Level Joined: 20 Sep 2009 Location: Mo Points: 8183 |
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I think the reason is Allis Chalmers will be gone by the end of the year, who ever has lawsuits, etc had better get the business done by then cause it will be more headaches to go thru Seawell, Im guessin here, even though ALLIS CHALMERS is now AC ENERGY it may still be liable cause all they did was change the name ; this is terrible, I always thought the company could be rebuilt and be as big as before - with better business sence ; but Im thinking its gone
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Byron WC in SW Wi
Orange Level Joined: 11 Sep 2009 Location: Wisconsin Points: 1635 |
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Old girls is going out with as big a bang as she can. I guarantee this though that someone will by the name. I just hope it's NOT AGCO cause they'll kill it and I hope it's NOT some cheapo Chinese company that wants to put the name on things.
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DREAM
Orange Level Joined: 06 Jan 2010 Location: Elberton,GA Points: 1828 |
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Byron, I truly hope you're right. I wish that some AMERICAN company would buy it and start back making AMERICAN farm equipment again. Not american companies that get 90% of their parts from foreign countries either. 100% American-made from American materials and sold by Americans to Americans (other countries could buy some too I guess.LOL!) But I don't want to see stuff imported. I want to see stuff we make exported. Sorry for the ramble.
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AllisChalmers37
Orange Level Joined: 11 Jul 2010 Location: London,KY Points: 1846 |
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No need to apologise for a good ramble. LOL! But I think I speak for everyone when I say that we don't want Allis-Chalmers to make a comeback like MTD's Bolens brand did.
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1937 WC, 1950 CA, 1959 D14, 1967 190XT, 2006 Ram 3500
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EPALLIS
Orange Level Joined: 12 Sep 2009 Location: Illinois Points: 1141 |
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I tried to contact Briggs & Stratton since they currently have a license agreement with the A-C riding lawn mowers. "Briggs & Stratton has no comment on the recent A-C proposed sale".
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BiG210
Orange Level Joined: 13 Sep 2009 Location: ohio Points: 412 |
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Why not have a bunch of us fine out if we could buy the name just to keep it safe from people like ASSCO and other companys that mite want to kill it off. just a thought |
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AllisChalmers37
Orange Level Joined: 11 Jul 2010 Location: London,KY Points: 1846 |
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ASSCO LOL!! But seriously I think it could be done just how much would each member have to chip in? If we could get the name we would have to do something with it even if it is something weird like Allis-Chalmers toilet paper. |
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1937 WC, 1950 CA, 1959 D14, 1967 190XT, 2006 Ram 3500
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AllisChalmers37
Orange Level Joined: 11 Jul 2010 Location: London,KY Points: 1846 |
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Here it is ready to hit the shelves just as soon as we can buy that logo. I got a call from AGCO today wanting to order all of the rolls I had. LOL! Dont view this as offensive Im just trying to be stupid. Jeremy |
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1937 WC, 1950 CA, 1959 D14, 1967 190XT, 2006 Ram 3500
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