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.
Rusagro, Russia's largest agricultural holding company, and Cognitive Pilot, an autonomous driving technology joint venture of Russia’s Sberbank and Cognitive Technologies Group, are introducing of the Cognitive Agro Pilot system, an autonomous driving system for agricultural machinery (combine, tractors and sprayers), with major pilot program.
Russian President Vladimir Putin’s announcement on Wednesday that he plans to slap a 1-year import ban on agricultural products from countries that have imposed sanctions on Russia is unwelcome news to U.S.-based makers of farm equipment.
In today's newscast, we look what dealers can do when manufacturers push for purity, what the conflict between Russian and Ukraine could mean for North American equipment sales, the impact high milk prices will have on equipment sales, a shift from aftermarket to OEM sales for precision equipment and the latest financial results from dealer groups Rocky Mountain and Cervus Equipment.
Kinze Manufacturing, Inc. and Tonutti Wolagri Group have reached an exclusive distribution agreement for the Russian Federation in which Tonutti Wolagri Group will assume direct responsibility for all Kinze-branded products and services in the territory.
All sorts of deals were made at the 2010 Western Canada Farm Progress Show this week, and many of them were between international buyers and North American exporters.
“Protectionist endeavors in some markets” are a growing challenge for manufacturers, according to VDMA, the Agricultural Machinery Assn. based in Frankfurt, Germany.
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.