Kinze announced Aug. 1 that it will be implementing a reduction in its workforce in response to the ongoing economic downturn in the agricultural sector. The reduction affects 193 of Kinze’s 815 employees in Williamsburg, Iowa. No other reductions are planned at this time.
“We deeply regret the necessity of this action,” said Susanne Veatch, President of Kinze. “This decision was not made lightly, and it is a direct response to current ag market realities.”
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In this episode of On the Record, brought to you by Benzi America, we take a look at results of the 2024 Brand Loyalty study. In the Technology Corner, we examine how USDA’s use of ag data raises privacy concerns. Also in this episode, a look at the ag equipment companies that made the Industry Week U.S. 500 report and JP Morgan analysts say the rate of decline in the ag industry is expected to decrease.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
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