Varity
From Wikipedia, the free encyclopedia
Varity Inc | |
---|---|
Fate | Merged |
Successor | LucasVarity plc |
Founded | 1986 |
Defunct | 1996 |
Location | Toronto Canada and later Buffalo, New York United States |
Industry | Automotive |
Products | Braking, Diesel Engines and Electrical Systems |
Key people | Victor A Rice |
Peak size | 9,000 employees |
Subsidiary | Massey-Ferguson VarityPerkins |
[edit] History
The company was created in 1986 from the remains of Massey-Ferguson of Toronto, Ontario and moved to Buffalo (672 Delaware Avenue, Buffalo NY) in 1991 and ceased to be a Canadian corporation.
In 1994 the farm equipment divisions of Varity were sold to the US-based AGCO Corporation who continue to use Massey-Ferguson as a product line.
In August 1996, Buffalo-based Varity merged with Birmingham UK based Lucas Industries plc (Automotive & Aerospace) to become British-based LucasVarity.
Subsequent history is covered under the LucasVarity page.
Massey-Ferguson exists today as the brand name within the AGCO Corporation of Duluth, Georgia, USA.