International Harvester Co. last week uncorked the new plans it has for its six million U.S. farm customers. To put them into effect it plans to spend more than $100,000,000 in new plants, turn out a score of new products.
Harvester plans to build:
¶ A plant in Memphis where automatic cotton-pickers will be mass-produced for the first time. (Tentative price of the picker: $4,750.)
¶ A $47-million plant at Wood River, Ill. to build Harvester's three smallest tractors.
If it can be had at a reasonable price, Harvester plans to buy the $71-million RFC plant outside Chicago in Melrose Park, where Buick...