James Platt, a former Topcon ag product distributor, has joined Topcon Precision Agriculture (TPA) as regional sales manager for 11 states. In his new position, Platt will report to Marty Cook, TPA North American sales manager.
Mahindra & Mahindra`s Farm Equipment Sector, a part of the USD $15.4 billion Mahindra Group, announced the total tractor sales in September 2012 came in at 20,085 units vs. 24,673 units for the same period last year, a decline of 18.6%.
In the past few weeks I've begun hearing from some dealers about how the major farm equipment manufacturers seem to be getting "pretty aggressive on pricing,"? as one dealer put it. That's code for they "are cutting prices for any number of reasons,” gaining market share, reducing inventory, whatever.
In a first half-year characterized by a worldwide market environment with varying levels of demand, Kuhn Group achieved a marked increase in sales and operating profit.
While previous articles is this series have addressed the two most prevalent types of sales personnel compensation — salary and cash difference — this column focuses on a system that is not used as frequently, yet should yield significantly greater results. It is a sales compensation system based on the equipment gross margin.
One farmer we spoke with could hardly contain himself when talking about $8 corn and crop insurance payments. He says 2012 will be his best year ever for net income.
Buhler Industries (BUI) is reporting that the company revenues for the period ended June 30 set a record as the best third quarter in company history reaching $95.8 million, up 24.4% from last year's third quarter of $77 million.
Last year was marred by extensive flooding in the Central Plains region and thus affected farmers in the area and across the province. But 2012 has shown much promise in the farming community, including in farm equipment sales. Gilles Chabot of Chabot Implements said so far this year has been very good for farm equipment sales.
While U.S. and Canadian retail sales of farm tractors starting the second half of 2012 are showing surprisingly resilient, moderating trends in other countries are offsetting improvements in some overseas markets.
During the three month period ended June 30, 2012, revenue increased by $49.6 million ($12.8 million for our agricultural equipment segment and $36.7 million for our commercial and industrial equipment segment) to $196.7 million from $147.1 million, an increase of 34%.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.