According to press release from the Office of the Governor of Kentucky, Osmundson Mfg. Co. will build a new facility in Graves County with a $12.5 million investment that will create 80 jobs over the coming years.
Cummins Inc. announced that it has completed its acquisition of Meritor, Inc., a global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets.
Current USDA forecasts show declines in U.S. average farm prices for major U.S. field crops—corn, soybeans, wheat, and cotton—of 4 to 19 percent in 2014/15. For corn, soybeans, and wheat, this would be the second consecutive year of declining prices.
If sales of farm equipment soften in 2014 as many are suggesting, industry veteran Jim Tibbles views it as getting back to normal levels, rather than a decline.
During the 63rd Annual Fall Convention of the Farm Equipment Manufacturers Assn. on October 22, Mike Lessiter, Farm Equipment/Ag Equipment Intelligence, was elected to serve a three-year term on the Association's Board of Directors, representing the Supplier Section. Lessiter is president of Lessiter Publications, Inc., Brookfield, Wis., an agricultural media company founded by his parents, Frank and Pam, in 1981.
Trelleborg, global developer and supplier of tire and complete wheel solutions for the agricultural and materials handling industries, received the prestigious AGCO EAME 2012 SUPPLIER OF THE YEAR AWARD in the category “Collaboration� during a ceremony held at the AGCO Fendt facility in Marktoberdorf, Germany on 25 September 2012.
John Deere Credit Inc., the financing arm of equipment supplier John Deere, aims to raise C$150 million (US$144.2 million) from an offering a 3-year bonds maturing in October 2014, according to people familiar with the matter.
Source: David Meyer, CEO, Titan Machinery Inc., Fargo, N.D.
We need to understand what is important to the customer, what drives his purchase decisions and what differentiates you and your dealership from the others.
During the 2012 Farm Equipment Manufacturers Assn. (FEMA) Spring Clinic in Biloxi, Miss., on March 28-30, Ag Equipment Intelligence met with executives from the supply chain to gauge their insights into what wholegoods manufacturers' build schedules look like.
Source: Bruce Blythe, Business Editor, Vance Publishing
U.S. corn supplies later this year will be about 6.5% smaller than previously forecast amid strong export and ethanol demand and a disappointing harvest last year, analysts say.
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.
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.
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