Buhler Industries reported its earnings on Dec. 29 for the year ending Sept. 30, 2015. Revenues were down by $79.8 million while company reported a net loss of $5.3 million.
As a part of the long-term supply agreement, Cummins is the engine supplier to Versatile agriculture equipment for Tier 3 QSL, QSM and QSX engines, Tier 4 Interim QSB6.7, QSL9, QSX11.9 and QSX15 engines, and Tier 4 Final QSB6.7, QSL9, QSG12 and QSX15 engines.
As anticipated, the high inventory levels in North America, low commodity prices as well as the political uncertainty in Eastern Europe have led to a decline in sales.
In today's newscast, we look at 2014 forecasts that point to a softening in the ag equipment market, what a shift from corn to soybeans could mean for equipment sales, the new financial report from ag equipment manufacturer Buhler Industries and the increase in demand for lawn and garden equipment.
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.