F A E G O L
The company earned a reputation for building rugged, reliable trucks, but despite that, in 1929, it was forced to file for bankruptcy. In 1932, as the Great Depression deepened, the company went into receivership; Waukesha Motor Co. and the Central Bank of Oakland assumed control of the operation.
Despite its difficulties, the company introduced new models for the next six years, but in November 1938, Sterling Motors acquired the assets and announced production would cease.
A lumber magnate from Tacoma, Wash., named T.A. Peterman came to the company's rescue. He purchased F a g e o l in April 1939 to build a chain-driven logging truck. Two units were built and neither worked, but regular trucks continued to be made and to sell well, and soon, they were renamed 'Peterbilt' Trucks.
Anyone ever drive a pre-Peterbuilt F a g e o l ??
The company earned a reputation for building rugged, reliable trucks, but despite that, in 1929, it was forced to file for bankruptcy. In 1932, as the Great Depression deepened, the company went into receivership; Waukesha Motor Co. and the Central Bank of Oakland assumed control of the operation.
Despite its difficulties, the company introduced new models for the next six years, but in November 1938, Sterling Motors acquired the assets and announced production would cease.
A lumber magnate from Tacoma, Wash., named T.A. Peterman came to the company's rescue. He purchased F a g e o l in April 1939 to build a chain-driven logging truck. Two units were built and neither worked, but regular trucks continued to be made and to sell well, and soon, they were renamed 'Peterbilt' Trucks.
Anyone ever drive a pre-Peterbuilt F a g e o l ??
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