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billonthefarm

billonthefarm

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Location
Farmington IL
I bought this tractor last fall during harvest on a auction without going to see it. Turns out it was a good buy. Best part of all was I noticed the serial number so I checked to make sure. This is 1466 serial number 7103. This is the 3rd 1466 built. It would have been built off the line before regular 66 series production and was likely shipped to Hickory Hill Photographic center and then on to the farm show circuit. Looking forward to bring this back to good as new. Hope to take it to HCOP in 2023.
cvphoto115578.jpg
 
This was a big tractor in its day, and IH was a major force in the agriculture equipment industry. Still hard to believe how this company that built , heavy trucks, light trucks construction equipment, tractors and farm equipment could face the ending it did.
Looking forward to your restoration pictures, these were not ce looking tractors with that red/white paint.
 
I know Bruce, but last nite i watched about 3+ hours of you tube,what ever happened to AMC, and what happened to Pontiac,Like the narrator said sometimes you can do everything right and still go under,I am not saying IHC done everything right, but it is what it is ! Look at Rexall Drug chain, they use to be big company!
 
Bill I presently live next to the old IH photo fam just outside Norway, IL and I knew many of the people that worked there and took the pictures. I know 1 early black stripe 966 that one of the employees ended up with and has some different parts than the later models had as my son in law restored it about 5 years ago for him.
 
that's a great find! i remember when a neighbor bought a 1066 new, everyone was talking about
how big it was!

great find!
 
This tractor has many things that are different from the production tractors. Little things like the tin work has holes for badges. It has chrome shift handles, t/a lever and throttle. It has no place for a hood ornament.
 
Can't have a many month strike then immediately deal with a deep recession economy culminating in nearly 3 years of severely reduced income. There were other problems but 1979 through 1981 was a death blow. Sears most likely saw the future of online but was extremely invested in brick and mortar locations. Sears did not want to take the bath that goes with a serious restructure. Also, it was most tied in with Americans who would have been the slowest to adapt to E-commerce.
 
I was once told IH didn't pay much money on principal just the interest so when money started getting tight bankers wanted their money which didn't have
 
Rexall is still up here .... not to the extent it was back in the day down south but in Western Canada it is ....

FROM WIKIPEDIA: Rexall is one of the major rival pharmacies in Canada to Shoppers Drug Mart. With over 470 locations, Rexall is the second-largest retail pharmacy company in Canada. It is not related to the defunct American drugstore chain with the same name, which also had locations in Canada until 1977.
 
Actually the strike would have worked out perfectly with the downturn in the economy. Had IH reopened the plants on limited shifts after burning through most of their inventory they would have had a fair amount of cash on hand. Instead after the strike was over IH went into overdrive working OT to produce as much equipment as they could - turning all their cash into inventory. Inventory that literally took years to sell off - usually at reduced prices. I remember our local dealer selling brand new Mexican 86 series tractors in in 1983 and 1984 - 2-3 years after production ended.
 
Up here FFA I think it is/was essentially the 'name' or brand and maybe not so much the corporate entity itself. The Katz family revived the brand up here some years ago, one of them is the current owner of the Edmonton Oilers in the NHL.
 
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