Deere & Co. has informed approximately 125 employees at two factories in Iowa that they will be placed on indefinite layoff. The workforce adjustment affects approximately 75 employees at Deere's factory in Dubuque and approximately 50 employees at the factory in Ankeny.
Finning International, Canada's largest Caterpillar heavy equipment dealer, plans to cut 400-500 jobs from its global operations this year in response to a decline in market activity.
CNH Industrial America informed personnel at the tractor plant that it will reduce its manufacturing workforce “as the company responds to market conditions.”
As of Jan. 4, workers at the plant will be laid off, said Mark Shaw, human resources director at the Shell Rock plant. The layoff was announced to employees earlier this month, while the first came at the end of November.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
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.