The company took a turn for the worst when Archie Mccardell took over as the CEO of the company after Brooks McCormick. I know the times were getting hard for IH but a UAW strike under mccardell's authority and failure to sell equipment led to the IH demise. I feel that if Brooks would have stayed their or if they would have hired a good CEO IH would have made it through the hard times of the late 1970's and would still be around today, but that's what you get for hiring a Xerox executive to run a struggling agricultural equipment company.