Cervus Equipment ("Cervus") (TSX: CVL) today announced that it has signed a non-binding letter of intent (LOI) that sets forth the basic preliminary terms of Cervus' purchase of a minority interest in Windmill Agricultural Unit Trust ("Windmill").
Mooresville-based Equipment Technologies is expanding and says it will create up to 60 jobs by 2015. The agricultural equipment manufacturer plans to invest nearly $6.5 million to build a new training facility and warehouse near its Morgan County headquarters.
Farm equipment maker Art’s Way Manufacturing will invest $1.4 million to purchase and expand a factory and warehouse in West Union, Iowa, that is expected to create 40 jobs.
The chief executive of AGCO Corp the world's third-largest maker of farm equipment, said he was "very interested" in the possibility of doing a major M&A deal in North America if it would expand the company's "modest" market share in the region.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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