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Orthman Adds Two to Support Midwest Dealer Network

May 22, 2013 | Posted in Operations & Finance
Orthman Manufacturing has added two new members to its growing dealer support network. Kyle Frazier is a regional product specialist for the Midwest, including Illinois, Indiana, Iowa, Michigan, Kentucky, Ohio and Wisconsin; Paul Hartness has been named territory manager for North and South Dakota and Minnesota.
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Manitou Group Reports First Quarter Revenue: Sales Pause, Demand Remains Solid Through First Part of 2013

April 25, 2013 | Posted in Operations & Finance
Dominique Bamas, CEO stated: "The pause in Q1 revenue resulted from the natural flow of the vacuum in order intake recorded in the third quarter of 2012. It's not representative of current demand which continues to be strong, although remaining volatile. Excluding the impact of the termination of the Toyota contract at the end of 2012 in France, two of our three divisions continued to grow as compared to the first quarter of 2012. So instead of only focusing on revenue, we're happily focusing on our first quarter order intake, which reached its highest level in a year, and we're organizing ourselves accordingly.
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AGCO Announces 2013 Quarterly Dividend

April 25, 2013 | Posted in Operations & Finance
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its Board of Directors declared a quarterly dividend of 10 cents per share on its common stock. The dividend is payable June 14, 2013, to shareholders of record May 15, 2013.
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The Myth of Absorption Rate: Johnson Tractor's Not Buying It

March 13, 2013 | Posted in Operations & Finance
The priority placed on absorption rates originated as a defense against downturns, explains Eric Johnson, partner, Johnson Tractor, Janesville, Wis., but it has evolved since to be one of the primary metrics to measure the health of a dealership. He and his brother, Leo, say it's used unfairly to decide winners and losers. The Johnsons have a contrarian view on absorption's "holy grail"? and dismiss the argument that parts and service can support a business during a downturn.
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Dealers Shed Light on Mystery of Marketing

By Mike Lessiter posted on March 13, 2013 | Posted in Best Practices, Operations & Finance
When the Farm Equipment staff spoke with dealers about topics they wanted for the first-ever Dealership Minds Summit, marketing topped nearly everyone's list. Because dealers know well that a better mousetrap and the world beating a path to your door is patently false. More important than ever, dealers must promote themselves with the same fervor that their OEM promotes its color, while employing new technology and customer intelligence tools.
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2025 Dealer Hall of Fame: Raymond P. Koenig

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During the 2025 Dealership Minds Summit, we honored the recipients of the Dealer Hall of Fame award. Among the award winners was the late Raymond P. Koenig of Koenig Equipment. To receive the award and speak on his uncle's behalf, Aaron Koenig, CEO of Koenig Equipment shares a few words.

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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.

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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.
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