Jeremy Marston, Mediapolis, Iowa, Location Manager for Precision Equipment (headquartered in Muscatine, Iowa), takes a look at some of the key metrics he watches closely to evaluate the progress of his employees and business.
Long term planning is an important part of Jeremy Marston's role as Location Manager in Mediapolis, Iowa for Precision Equipment. Headquartered in Muscatine, Iowa, Precision Equipment took part in this year's Dealership Minds project to give insights into their newly merged dealership.
Curt Moeller, Corporate Parts Analyst for Precision Equipment (headquartered in Muscatine, Iowa), talks about hitting the "hot spot" in inventory predictions.
Curt Moeller, Corporate Parts Analyst for Precision Equipment (headquartered in Muscatine, Iowa), candidly discusses the difference between what "looks good on paper" and what is good for business.
Changing farming practices, including the trend toward concentrated production on specialized operations, along with others such as wider use of irrigation and growing adoption of precision agriculture technologies, have allowed the farm sector to increase total output by nearly 50% over the past three decades, even as resources used in farming declined.
Everything about agriculture is getting bigger, except for the world in which it operates. That's why we're seeing so many manufacturers looking to grow their business by establishing operations overseas and vice versa.
Evidence continues to mount that ag is an attractive place to invest these days. News during the past few weeks has reinforced the trend of international investments in agriculture especially in farm equipment.
According to Leif Magnusson, President of CLAAS of America and Regional Director Americas, CLAAS has experienced tremendous growth over the last couple of years and similar growth is projected well into the future.
Farmers aren't the only ones looking at the skies and wondering about the lack of moisture. Farm equipment dealers also feel the impact that dry conditions can have on agricultural production.
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.