Revenue for the quarter was $79.2 million, up $2.6 million from the prior year third quarter, representing an 3% increase over the prior year and continuing the sales growth seen in the first two quarters.
Revenue for the quarter was $64.6 million, up $4.8 million from the prior year second quarter, representing an 8% increase over the prior year and continuing the sales growth seen in the first quarter.
Revenue for the year was $195.3 million, up 8.9% from sales of $179.3 million in 2019. The Company’s increased sales levels are as a result of dealers reducing field inventory in the previous year, strong harvest conditions and crop yields.
In 2021 the Versatile factory in Winnipeg, which has been building tractors for 55 years, will begin the manufacture and assembly of the company's line of tillage, including tandem and offset discs, vertical tillage and high speed compact discs.
According to a report from West Central Tribune, Buhler Industries, manufacturer of the Farm King line of equipment, has announced it will move production from its plant in Willmar, Minn. to Morden in Manitoba, with production in Willmar slated to end in early 2021.
After due consideration and analysis of trends in agriculture and manufacturing, Buhler Industries has announced that it is optimizing production in the United States by increasing production at the facility in Willmar, Minn.
Buhler Industries, manufacturer of Versatile and Farm King branded farm equipment, announced it's entered into an agreement with Kubota to develop and produce a new tractor in the mid-range front-wheel assist segment.
The Nemesis series is launching with models in the 175-210 horsepower range, featuring a Cummins QSB6.7 (Tier 4 Final/Stage IV) engine and one of the largest cabs in the segment. Models up to 250 horsepower are planned. A limited spring production is underway with full production expected this fall.
Buhler Industries announced the appointment of Adam Reid as the Vice President of Sales and Marketing. In this new position he will oversee a combined sales and marketing department and will oversee the product management team.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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.