Industry News

Cervus Equipment Announces Second Quarter Results

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%.
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From the Desk of Dave Kanicki

Dealership Outlook Taking a Cautious Turn

Dealer sentiments about equipment sales for the rest of the year look to be taking a "cautious"? turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
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Arizona Agriculture Advocate Wins Case IH Tractor

As part of its ongoing commitment to help agriculture producers Be Ready to address the challenges and opportunities confronting the agriculture industry, Case IH awarded nine new Farmall tractors to the runners-up of the 2012 American Farm Bureau Federation (AFBF) Young Farmers & Ranchers (YF&R) awards.
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Alamo Groups Announces Record 2012 Second Quarter and Six Months Results

Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2012. Net sales for the quarter were $167.0 million compared to net sales of $160.8 million in the second quarter of 2011, an increase of 4%. Net income for the quarter was $9.3 million, or $0.77 per diluted share, versus $8.9 million, or $0.74 per diluted share, for the same period of 2011, an increase of 5%.
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