Gross margin improved in the quarter versus the second quarter of 2022 by $18.4 million or 18.4%.

The EMDA Board announced Celeste Lindsey as the newest Executive Vice President following a nationwide search to fill the vacated position. Her predecessor, Patricia A. Collins, is retiring after 38 years with the Association.

The establishment of NAEDA OPE Dealer Council is in the interest of OPE (Outdoor Power Equipment) Dealers across North America. The Council, comprising 13 OPE Dealer Members and NAEDA staff, aims to address key issues affecting OPE dealers and provide solutions to improve advocacy, communication, and education for dealers.

Steve Cook will lead the wheel manufacturer's strategic alignment with global customers and resulting growth drive.

"We think limiting how much we increase it [pricing] is probably the right thing to do at this point,” says Scott Wine, CEO of CNH Industrial, in an article in Crain's Chicago Business.

His key responsibilities will include promoting the value of precision ag technology and driving adoption among growers.

The company reported diluted earnings per share up $4.21 year-over-year, which Valmont said was a record.