If you’re in the market for one of these devices, you’ll have many makes, types, and models to choose from. Model number has side panels that cover the long sides of the fuel tank. The words “Champion Power Equipment” are on the side panel above the control panel, and “9000 starting watts” and “7000 running watts” are on the control panel.
Throughout the 1960s and 1970s, despite good sales, IH’s profit margins remained slim. The continual addition of unrelated business lines created a somewhat unwieldy corporate organization. Overly conservative management and a rigid policy of in-house promotion tended to stifle Champion Power Equipment new management strategies and technical innovation. IH faced strong competition and increased production costs, primarily due to labor and government-imposed environmental and safety regulations. In 1974 the 5 millionth International Harvester tractor, a 1066, was manufactured.
With the truck and engine divisions remaining following the 1985 sale of the agricultural division, International Harvester Company changed their corporate name to Navistar International in 1986. Today, Navistar International’s subsidiary, International Truck and Engine Corporation, manufactures and markets trucks and engines under the International brand name. From 1983 to 2010, Ford Motor Company offered International V8 diesel engines in heavy-duty pickup trucks, vans, and SUVs . IH built up its earthmoving division over a period of time, buying companies and acquiring technology.
In the late 1970s, IH entered a deal with Spain’s Enasa to build diesel engines there as Internacional de Motores. After a downturn in the market coupled to problems with Spain’s entry into the European Economic Community threatened the profitability of this project, International Harvester withdrew in 1982. IH ranked 33rd among United States corporations in the value of World War II production contracts. In 1946 IH acquired a defense plant in Louisville, Kentucky, which was adapted for production of the Farmall A, B, and the new 340 tractors. It acquired the Metropolitan Body Company of Bridgeport, Connecticut, in 1948.
The company sold its Payline division of construction equipment to Dresser Industries in 1982. In 1979 IH named a new CEO, Archie McCardell, who was determined to improve profit margins and drastically cut costs. Unprofitable lines were terminated and factory production was curtailed. By the end of the year, profits were at their highest levels in 10 years but cash reserves were still low. Union members became increasingly irate over these measures and in the spring of 1979, IH prepared to face a strike. On November 1, IH announced McCardell had received a $1.8 million bonus.
Just purchased this Log Splitter and used it all day on Saturday and it worked great. Easy to hook up to my Honda ATV to move it around between the two burn pits I have on my Ten Acres. The only thing I wish was that Home Depot would have let me know to buy hydraulic oil. Once I started the engine and ran the unit, I had to add almost two quarts of oil to the hydraulic system.