</font><font color="blue" class="small">( I'm not so sure about that. I think that a larger company might issue a recall. )</font>
Bob, not to be argumentative, but I have to say that you are very likely not aware of what went on with that issue before you ever heard anything from the company. Threats of lawsuits over that issue may have precipitated the recall.
We have had in this country many instances where companies had to be forced into recalls, one example, outside gas tanks on pickup trucks that exploded in accidents. That was certainly a BIG company. There are many others. Companies seem to rarely offer a recall unless there is someone, some organization, that pushes them into it.
I think it is naive to believe in this day and age that any company is going to call out a problem and fix it unless they clearly see that it is ultimately going to cost them more in the long run if they don't.
In the case of your loader, the valve could have led to a terrible hydraulic pressure accident that would have likely let to lawsuits costing in the millions, probably much more than just a recall would have cost.
John