On July 30th, the historic parade "70 tractors for 70 years," celebrated in the English city of Coventry the anniversary of the start of production of the flagship tractor Ferguson TE20, affectionately known as the "Little Grey Fergie", whose first model came out, in July 1946, from the assembly line of the old production plant Banner Lane in Coventry. The tractor was the brainchild of engineer and inventor, Harry Ferguson, founder of what is now known as Massey Ferguson, a worldwide brand of AGCO (NYSE: AGCO), one of the world's leading producers of agricultural machinery to markets worldwide.