Jean-Christophe Giroux, Manitou President & CEO declared: “Q1’12 comes in as the prolongation of the 2011 momentum, to substantiate our 2012 operating plan. The combination of growing revenue, sustained order intake and high backlog provides some good visibility for H1 and even beyond. Things are indoubtedly getting more and more difficult in Southern Europe but Northern Europe, US, and Asia are showing resilient signs for positive business.
While 2011 unit shipments of farm machinery were flat coming off a stellar year in 2010, U.S. Census Bureau data indicates the dollar value of ag equipment shipments rose by 17% last year.
Kubota is expanding its U.S. manufacturing presence by spending a little over $73 million on a new plant designed to assemble 30-50 horsepower compact tractors. The facility will be located on an existing site in Jefferson, Ga., where Kubota Industrial Equipment Corp. builds tractor implements.
AGCO Corp.'s AGCO third-quarter profit rose 35% as the agricultural-equipment maker saw regional sales grow, especially in Europe, the Middle East and Africa.
U.S. Secretary of Agriculture Tom Vilsack said Monday that he is not proposing the linking of conservation compliance with subsidized crop insurance, but he is confident that the farm bill will include some kind of regulatory leverage.
Data management has been called the next frontier in precision farming. While futurists predict farmers will see fully autonomous tractors and combines within a decade, it's the effective management of seed, yield, soil and other data that will demonstrate the real value of this technology.
Whether it's from your manufacturer's demand for market share or machine population, or your need for more revenue, dealers continue to look for ways to boost sales. A good place to start selling more machinery is to look first at your parts and service departments. There is a strong link between sales coverage and better parts and service profitability - meaning better absorption.
Goodbye direct payments. Considering current budgetary issues, Gary Schnitkey, Univ. of Illinois professor of agricultural economics, says to expect some changes in programs farmers have grown accustom to.
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.
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.
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.