By Larry Dreiling It was the mid-1980s. U.S. agriculture had fallen on its hardest times since the Great Depression and the Dust Bowl.
Farmers were going bankrupt, banks in small towns were folding, and some of the great names in agricultural machin-ery were either departing the scene or merging to survive.
It was the time of International Harvester finding new owners—a conglomerate that had bought a rival—and spinning off its truck division to become Case IH. Meanwhile, Allis-Chalmers was joining with Gleaner to form the base of what we now know as AGCO.