FarmTrac Troubles

[longtrman]

Originally Posted by Dark shadow

"His contention was that they were of the non-professional type and needed closing."

He speaks in generalities that need closer inspection. Since Montana is a privately held company it takes substantial research to find the answer. Personally, the Montana dealers I know that have terminated are of differing quality and age. But be assured that several are long term, multiple franchise holders who will remain in business without Montana.

Shadow,
The dealers you speak of--did they quit or were they quit? Are you friends with them so they would say? It could be important for the ex-Farmtrac dealers to know if there are dealer/distributor problems. I sure there are always misunderstandings--what I'm asking about are the type things that new dealers should be aware of before they sign on.

[Dark shadow]

No advisement made or attempts to influence will be made. My only concern is the truth. The rep in question made a comment that was presented as factual when in fact it was very misleading and subjective. I know of no dealer that was ask to quit. I am sure there was somewhere. I know that TN lost a few due to bankruptcy. This was known to Montana only after the filing so they surely were not ask to quit. For the rep to make such a generalized comment is unwise and less than truthful.

[redneckford]

[quote=Dark shadow;1596927]No advisement made or attempts to influence will be made. My only concern is the truth. The rep in question made a comment that was presented as factual when in fact it was very misleading and subjective. I know of no dealer that was ask to quit. I am sure there was somewhere. I know that TN lost a few due to bankruptcy. This was known to Montana only after the filing so they surely were not ask to quit. For the rep to make such a generalized comment is unwise and less than truthful.[/QUOTE]

Dark Shadow----you need to go read that other forum----the big sky country---If you think this is the first less than truthful statement----History/Hind---Sight has 20/20 vision----remember no one reads this thread any more---wait you are new here----you read-------190,000 + views and no body reading JUST VIEWING!!!!!

Just got back from the Local Dairy Queen----those inventors of the internet was dis----"cussing" court cases again----said AC was telling all in down town Tarboro how FT and T financed his air breathing machine-----i ask for a trans----script but they run out of paper cause the local paper mill was shut down and they were saving their valuable paper for the out house------anybody got a spare copy???????

[SESS]

Originally Posted by longtrman

Sess,
Have you received the promised DVD yet? If you have I'll assume that mine is lost in the mail.

NOPE not yet....still checking the mail box daily.

[blueliner]

Originally Posted by redneckford

...said AC was telling all in down town Tarboro...but they run out of paper cause the local paper mill was shut down and they were saving their valuable paper for the out house------anybody got a spare copy?

RNF et al,

Here's some cyberpaper of interest. My good friend and DS Staffer T.J. Royal recaps yesterday's Edgecombe County Superior Court happenings and how the legal guillotine looms large for Textron Financial's past sins of bullying, inventory fabrications and product hyperloading.

Former Farmtrac CFO Alton Cobb emerged as one of the day's heros with testimony that demonstrated TFC's knowledge and inducement of actions that harmed the 270-plus dealer network across the U.S. and subsequently cost the 180-person Tarboro workforce their jobs.

Sources reported that during an aside, the rugged, leather-sporting Cobb offered to throw his full support behind retailers -- inviting the opportunity to testify in future legal proceeding.

The case was in process at the close of business Wednesday.

--b

[redneckford]

AS THE TRUTH TURNS!!! What are Decker units----unassembled tractors??---tires wheels??----parts????-----Blue looks like some people are beginning to remember right from wrong-----reackon it is the oath!!!!!

[blueliner]

Originally Posted by redneckford

AS THE TRUTH TURNS!!! What are Decker units----unassembled tractors??---tires wheels??----parts????-----Blue looks like some people are beginning to remember right from wrong-----reackon it is the oath!!!!!

RNF,

I'll talk with Al and confirm it... but I believe a decker unit is one that's still on the skid and in an unassembled form. That's largely what the Fairview Street facility did: dismount units from their transport pallate mountings, then add tires and other things not on them during shipping.

Of the 900-plus units in the Tarboro yard, the majority of the were *not* assembled last spring. By the end of summer, Gurkins and a band of a handful made an effort to put together as many of them as possible this summer -- about 120 from a few reports I've heard.

Perhaps they thought it would bring more auction returns if units were driveable.

--b

[California]

Originally Posted by blueliner

Here's some cyberpaper of interest. My good friend and DS Staffer T.J. Royal recaps yesterday's Edgecombe County Superior Court happenings ...
--b

Thanks for posting that!

... former North Carolina territory sales manager for Farmtrac, said that he had been requested by management to generate sales on equipment that had not been ordered by dealers.

He also said that dealers' credit limits had been raised to accommodate the additional equipment "frequently," without their permission.

There's the smoking gun, or at least one of them. I wonder what will happen next?

[case1570]

How low is Textrons stock after yesterday??????
Case
PS Last night I heard my old dog tearing into something...then he stopped howling like he had been doing? I guess the coyotes and wolves ran back to their holes, with some hide missing I bet

[SESS]

Here is the article link that ran in the Daily Southerner in regards to the testimony that is ongoing in the case with LS vs Textron Financial.

The Daily Southerner, Tarboro, NC - Who gets paid first?

At last, TRUTH is being told!!!!!!!!!

Thank you to the Daily Southerner for keeping us all abreast of the legal fight in Tarboro!