Word: tractor
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Anderson is trying to sell some of his older equipment, including seven tractors, three combines, several planters and cultivators. The equipment, which is parked outside the office of the Prairie Rice Co. in Chesterville, cost $1.4 million. "If we got one-fourth of that," Anderson says, "we'd be happy." His brother Arthur, 53, who farms 1,000 acres near by, is bitter about those who buy at forced sales. "At auctions, farmers pounce on a used tractor like vultures," he complains. "They're just feeding on someone else's misfortune...
...devastating," Virginia Jensen said. "David has farmed all his life. He started milking cows when he was five years old. It's a family-type thing, a way of life. Every time David goes out to drive the tractor now, he leaves a piece of his heart out there." The Jensens owe another $400,000 in mortgages on their land. Their 1,120 acres, on which they have raised mostly wheat for the past 27 years, will be sold at a similar involuntary auction this week...
...Tenneco, an energy conglomerate. This means that Harvester, the descendant of a company founded by Cyrus McCormick, the inventor of the mechanical reaper, will abandon its original line of business. The divestiture will let Harvester concentrate on its profitable truck-building operation. Tenneco will merge Harvester's tractor line with its struggling J.I. Case farm-equipment division. By closing plants like Harvester's giant Farmall factory in Rock Island, Ill., Tenneco hopes to slash the industry's overcapacity. The cutbacks, though, could bring layoffs for thousands of workers...
Another heavy-equipment maker, Caterpillar Tractor, announced last week that it may move some of its production from plants in Illinois and Iowa to factories in Western Europe. The step could mean the loss of even more Midwestern jobs...
...mixed because there is no gravity to pull the ingredients apart. Mixed the same way, superstrong metal alloys could be made in the absence of gravity's pull. Unlike oil and vinegar, the new alloys would then stay together after their return to earth. Deere & Co., the Illinois tractor maker, is investigating the impact of zero gravity on the molecular structure of iron. That could provide clues to making it stronger on earth. The next generation of supercomputers that make billions of calculations per second may use chips that will be born in orbit. Reason: space appears...