In addition to Young's Equipment of Regina, Saskatchewan, and Bonneville and Madison County Implement, Idaho Falls, Idaho, being selected as Farm Equipment's 2009 Dealerships of the Year, four dealerships were also chosen as Best-in-Class dealers.
Deere & Company (NYSE: DE) has completed its purchase of Bauer Built Manufacturing Inc. In early September, Deere announced its agreement to purchase certain assets of the Paton, Iowa manufacturer. Financial terms were not disclosed.
On Friday, Harry Olson announced he was selling Waterloo Implement Inc., a three-store chain of John Deere dealerships, to Enid, Okla.-based Deere dealer P&K Equipment.
Cervus Equipment Corp., one John Deere's largest retailers of John Deere farm equipment in Western Canada, announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.1875 per share for the third quarter of 2012.
Net income attributable to Deere & Company was $1.056 billion, or $2.61 per share, for the second quarter ended April 30, compared with $904.3 million, or $2.12 per share, for the same period last year.
Green Iron Equipment, a six-store John Deere Dealership in North and South Dakota, has promoted Ross Waterman to the position of general manager. He replaces Bill Scoville, who recently retired.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we have reports from both the Farm Equipment Manufacturers Supply Summit and the North American Equipment Dealers Association's Legislative Fly-In.
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