Thompson Tractor Company
United States Virgin Islands
Mike Thompson was only two years old when his father, Hall W. Thompson, moved the family from Nashville, TN to Birmingham, AL to assume ownership of the tractor company he purchased in North Alabama in 1957. Mike, who has served as President of Thompson Tractor Co., Inc. since 1986, notes that his earliest memories are of playing on and around tractors. His father’s most vivid memory, however, is of the company’s frightening first month of business. “We made a single machine sale in December 1957 and lost $40,000 of our limited capital,” Hall Thompson said. “Fortunately that was our last red ink month.” Over the ensuing six decades, Thompson Tractor Company has grown through the lines of products it carried, more locations and territories, and through its unwavering commitment to customer service once a sale had been made.