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After Froehlich’s departure the company was reoganized and incorporated under the title of Waterloo Gasoline Engine Company. To be sure, even the latter firm maintained an active interest in the farm tractor business, as evidenced by their continuing experiments. Gasoline engines however, were the major product of this new company. Organizers were George B. Miller, J.E. Johnson, and Louis W. Witry. The latter individual held titles that included Chief Engineer and Factory Superintendent. His designs are evident in a host of patents covering both engine and tractor designs.
Waterloo Boy farm tractors first appeared bout 1912. Within a short time this line was one of the most popular in the industry, and undoubtedly provided Waterloo Gasoline Engine Company with the opportunity to finally move away from the gas engine business and into farm tractors as their major product line. Obviously, Froehlich’s dream of specializing the manufacture of farm tractors was about twenty years ahead of its time. On March 18, 1918 Deere & Company of Moline, Illinois, purchased Waterloo Gasoline Engine Company for $2.1 million. From this healthy beginning in the industry.
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