In 1907 Henry Ford built his first experimental tractor. He spent many years and more than $600,000 dollars in the development of a good, cheap tractor. When he was finally ready to show his tractor to the public, he found that he could not used the "Ford" name for his tractor because it was already being used by the "Ford Tractor Company". So he adopted the name of "Fordson". A new company, "Henry Ford & Son" was created to mass produce the tractors.