On August 12, 1902, International Harvester Company was formed by Cyrus McCormick, Jr. and several leading equipment manufacturers including Champion, Deering, Milwaukee and Plano. The new company had a 95% market share in harvesting implements. International Harvester enters the tractor manufacturing and shipping market, shipping 14 tractors across the country. Within two years, the company is shipping several hundred tractors. In 1919, the McCormick Farmall tractor is born. The Farmall is still considered to be the tractor that industrialized the United States, starting in 1922. Farmall tractors are painted red for safety reasons, replacing their familiar gray color. This marks the beginning of "Big Red”.