Varity
 |
|
| Industry | Automotive |
|---|---|
| Fate | Merged |
| Successor(s) | LucasVarity plc |
| Founded | 1986 |
| Defunct | 1996 |
| Headquarters | Toronto Canada and later Buffalo, New York United States |
| Key people | Victor A. Rice and Vincent D. Laurenzo |
| Products | Braking, Diesel Engines and Electrical Systems |
| Employees | 9,000 |
| Subsidiaries | Massey-Ferguson and Perkins Engines |
Varity was a former farm equipment company, created in 1986 from the remains of Massey-Ferguson Limited of Toronto, Ontario. Varity also owned Perkins Engines headquartered in Peterborough England and Kelsey-Hayes Group of Companies headquartered in Romulus, Michigan. In 1991 the company officially moved to Buffalo (Williams-Butler House at 672 Deleware Avenue in the Millionaire Row area of Buffalo) 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. Since then, Caterpillar Inc. has acquired Perkins Engines.
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.
