Anthony C - A short history lesson:
1) International never went out of business!
2) During the ag recession of the late 70's/early 80's, IH got themselves in a financial hole they almost didn't get out of.
3) They began to sell off profitable divisions to stay afloat circa the 1980 time frame.
4) The Turbine Division, the Industrial Division & the Outdoor Products division were amongst the first to go. Cub Cadet (Outdoor Products) was sold off (to CCC/MTD)in 1981.
5. By the mid 80's, with just two divisions left (truck & ag), IH had about run out of divisions to sell off and the banks wouldn't loan them any more money. In 1985, IH, reluctantly but out of necessity, sold the Ag Division to Tenneco (who merged it with Case, which they already owned). Tenneco also purchased the IH logo and the International Harvester name.
6. That left only the Truck Division standing which, a short time later, rennamed itself Navistar International. The Truck Division still stands and continures business as International Truck & Engine Corp, the operating company of Navistar International.
7. I think I'd find me a smarter Case/IH guy to talk to.
Myron B
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