C6-Lancaster Fanning, Saturday, Novambar 27, 1993 Keystone Promotes Wolgemuth LANCASTER (Lancaster Co.) —Jeffrey L. Wolgcmuth has been promoted to senior loan officer in the Lancaster Branch of Keystone Farm Credit. ACA. The announcement was made by Lan caster Branch Manager Bruce Miller. Raised on his family’s poultry farm in Mt Joy, Wolgemuth was graduated from Elizabethtown High School and received a bachelor’s degree from Millersvil le University in 1974. He man aged Orchard View Farms, Inc. for a few years before moving to York County in 1980, where he farmed 130 acres and started dairying with a 45 cow herd of Holsteins. While actively farming, Wolgemuth served on the board of the York Holstein Club. Before joining Farm Credit in the spring of 1990, Wolgemuth was associated for six years with other financial institutions. He serves accounts primarily in east ern Lancaster County and con- Turret Unloader For Massey NORCORSS, Ga. The MF 8450 and MF 8460 conventional combines are now equipped with a heavy-duty turret unloader auger as standard equipment This turret auger provides Unloading Auger discharge height Unloader Auger clearance height Unloading Auger reach from combine center 213” 248.6” Auger diameter vertical/horizontal 12.8/11.8” 12.8/11.8” The advanced design Perkins 1006 “Quadram Power” 162 hp diesel engine produces higher power and torque output with low er fuel consumption for MF 8450 grain and com/soybean models. The four-lobed design of the Quadram piston maximizes air and fuel mixing for more efficient combustion than a direct injection system. The result is more power and torque from less fuel, result ing in greater productivity. The MF 8460 grain and com/ soybean combines are powered ■with a Mercedes 6-cylinder, tur bocharged, intercooled diesel engine rated at 221 hp. In addition Massey Ferguson 8450 and 8460 conventlonat comblnes are equipped with a heavy-duty turret unloader Auger that provides additional clearance when harvesting with wide headers or corn heads. ness News Jeffrey L. Wolgemuth tinues to reside in York County with his wife, Susan, a special education teacher, and their three children. Ferguson Combines ample clearance for large grain carts or trucks and provides addi tional clearance when harvesting with wide headers or com heads. Hydraulic power swings the turret auger for easy unloading on-the -B°‘ MF 8450 MF 8460 161" 169” 149.6” 159” to excellent torque characteristics and low fuel consumption, this Mercedes-Benz engine is renowned for its durability. New features for the MF 8450 and MF 8460 combines include: • New heavy-duty feeder eleva tor chain with 17 slats for improved crop flow and even feeding. • New two-speed threshing cylinder gear boxes. Operator selects cylinder speed to harvest low moisture, delicate crops, and obtain superior grain sample. • New three-segment concave supported with one-piece frame is easy to change for different crops LANCASTER (Lancaster Co.) Donald E. Horn, president and chief executive officer of Pen nfield Corporation, has announced the following management changes effective December 1: Mike Horn, senior vice presi dent, agricultural products has been appointed to the newly created position of executive vice president and chief operating officer for the corporation. In his new position, Horn will chair the management operating committee and will be responsible for opera tions and marketing throughout the corporation. He previously was responsible for activities within the agricultural products group. Horn joined the corporation in 1966 and has held various man agement positions within the feed operations area. He serves as a director of the American Feed Industry Association, president of PennAg Industries, and was appointed by Gov. Robert P. Casey to serve on the Governor’s Rail Freight Advisory Committee. In his position, as chief operating officer, he will report to the presi dent and chief executive officer. Randall I. Adams, corporate fleet manager, has been appointed vice president, feed operations. Adams will have management responsibility for ingredient pur chasing, manufacturing, distribu tion, vehicle maintenance, cus tomer service, and all administra- and easily removed for cleaning. Grain tank capacities are MF 8450 —lBO bushels and MF 8460 215 bushels. Friederi Product DEKALB. 111. A.O. Smith Harvestore Products, Inc., recen tly announced the promotion of Dave Friederick to the new posi tion of product manager Slurrys tore System and Harvestore Branded Parts. In this new position, he will coordinate marketing and sales promotion of Slurrystore struc tures and associated pumping equipment. Also, he is now responsible for after-market ser vice and merchandising of Harvestore Branded parts. Friederick joined Harvestore Products in 1979 and has held sev eral engineering and marketing positions. He has traveled exten sively throughout North America, doing on-site research for new product development Most recen tly, he served as engineering pro ject manager in the company’s product engineering department He is a licensed professional engi neer in Illinois and Wisconsin. In announcing the appointment, Rick Jones, general sales manager Cargill Rep. Top Seed Territory Manager CAMP HILL (Cumberland Co.) Jean Kayser, a territory manager with Cargill Hybrid Seeds from Camp Hill, has been named to the company’s Hy Club for the fourth time. * * ,v ' Membership in Hy Club is the highest sales honor awarded to territory managers by Cargill Hybrid Seeds. The award is based Pennfield Announces Management live functions within the feed operations area. He will continue to have responsibility for the cor porate fleet program, which includes vehicle purchasing, driv er training and safety programs. He will also serve on the manage ment operating committee and will report to Mike Horn, chief ATLANTA, Ga. AGCO Corporation (NASDAQ-AGCO) has agreed to acquire the White- New Idea Farm Equipment Divi sion from Allied Products Corpo ration (NYSE-ADP) according to Allen W. Ritchie, senior vice pres ident and CFO. k Named Manager for agricultural products, said, “Dave’s engineering expertise and marketing skills have been key to the continued success and growth of the Slunystore System product line. We are pleased to welcome him to this new position.” on territory sales, training prog rams for local seed dealers, activi ties to obtain new business credit and inventory management, mark eting programs, and extraordinary achievement. Jean Kayser joined other Hy Club members and Cargill Hybrid Seeds management for a recent conference in Orlando. Fla. Changes Mike Horn AGCO To Acquire White-New Idea Farm Equipment David J. Friederick Randall J. Adams operating officer. Since joining Pennfield in 1983. Adams has held several management positions within the feed operations area and serves as vice president of the Lancaster Chapter Pennsylvania Motor Truck Association. Under the agreement, AGCO will acquire substantially all of the division’s net assets, primarily dealer accounts receivable, inven tories, a manufacturing facility in Coldwater, Ohio, and its master replacement parts warehouse in Kewanee, Illinois. The total purchase price is esti mated at SSO to $6O million and will be financed through AGCO’s current revolving credit facility. The transaction is expected to be completed by December 31. ‘This acquisition represents a significant step in AGCO’s growth strategy,” according to Robert J. Ratliff, AGCO’s chair man and chief executive officer. ‘The White-New Idea acquisition will provide AGCO with an addi tional line of products with well recognized brand names and sig nificant market shares. The expan sion of our dealer distribution sys tem will also provide growth opportunities for AGCO’s full line of agricultural equipment brands through additional crossover contracts.” For its year ended December 31,1992, White-New Idea had net sales of $60.9 million. The com pany’s market shares in 1992 ranged from approximately 15 percent to 20 percent in the prim ary product categories in which the company compels. White- New Idea’s sales for the nine months ended September 30.1993 were $63.7 million. White-New Idea manufactures, markets and sells agricultural implements and replacement parts through approximately 900 inde pendent dealers in the United States and Canada. AGCO had net sales of $314.5 million in 1992. On a pro forma basis, reflecting the full year impact of the Massey Ferguson and Agricredit acquisitions, net sales were $529.5 million. For the nine months ended September 30, 1993, AGCO had net sales of $424.6 million.
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