AGCO, a worldwide manufacturer and distributer of agricultural equipment, announced today that it has agreed to acquire Cimbria Holdings for approximately $340 million fro Silverfleet Capital
AGCO reported net sales of approximately $1.6 billion for the first quarter of 2016, a decrease of approximately 8.4% compared to net sales of approximately $1.7 billion for the first quarter of 2015.
In 2016, Amity Technology, an innovator in the sugar beet equipment industry, is marking 20 years in business. Based in Fargo, N.D., Amity Technology offers a full line of sugar beet harvesting equipment and markets its products worldwide, with special emphasis on North America and the former Soviet Union.
The partnership involves support from AGCO in providing components used as training aids at no cost to the Canadian college's ag equipment apprenticeship and certificate programs.
Hesston by Massey Ferguson unveiled its 100,000th windrower on Tuesday, March 29, 2016, in Hesston, Kansas. Purchaser Ray Robinson of Moo Mountain Milk in Burley, Idaho, was on-site to watch and receive his windrower.
A new organization, the Agricultural Data Coalition (ADC), has been announced with the goal of building a data repository where farmers can securely store and oversee the information collected by their equipment.
After introducing the self-propelled windrower in 1955, the 70-year-old Hesston by Massey Ferguson brand will complete production of its 100,000th windrower in March 2016.
Net sales in the North American region decreased 16.3% in the full year of 2015 compared to 2014, excluding the negative impact of currency translation. Weaker industry demand and dealer inventory reduction efforts contributed to lower sales.
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.