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Oliver Farm Equipment Company
The Oliver Farm Equipment Company was an American farm equipment manufacturer from the 20th century. It was formed as a result of a 1929 merger of four companies:〔C.H. Wendel, ''Oliver/Hart-Parr'' (Motorbooks International: Osceola, Wisc., 1993) p. 5.〕 the American Seeding Machine Company of Richmond, Indiana, Oliver Chilled Plow Works of South Bend, Indiana, Hart-Parr Tractor Company of Charles City, Iowa, and Nichols and Shepard Company of Battle Creek, Michigan
On November 1, 1960, the White Motor Corporation of Cleveland, Ohio purchased the Oliver Farm Equipment Company.〔''Oliver/Hart-Parr'', p. 123.〕
==The Merger==
Four companies joined forces on April 1, 1929. The Oliver Chilled Plow Company dated from 1855. Hart-Parr Tractor Company began operations in 1897, and the American Seeding Machine Company, dated back to 1848. Nichols and Shepard Company, likewise began operations in 1848.
By 1929, each of these companies had essentially outgrown its usefulness to the industry. For most of them, the market had some time earlier reached a saturation point. In some instances, their machines were badly dated and rapidly approaching obsolescence. For each of these companies to have attempted further activity on solo basis would almost have certainly been disastrous. By uniting their various and somewhat diverse product lines into a single company, Oliver Farm Equipment instantly became a virtual full-line manufacturer.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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