Net sales of Industrial Activities were $6,331 million in the third quarter of 2017, up 15.9% compared to the third quarter of 2016. Net income was $57 million for the third quarter of 2017 and includes $53 million of restructuring charges as part of the company's Efficiency Program.
AGCO delivered solid sales and earnings performance in the third quarter, while continuing to make strategic investments in new technologies, productivity enhancements and new market development.
The company plans to design and build two, one million square foot, facilities to expand their distribution capacity and streamline logistics processes for the delivery of Kubota branded service parts and equipment to its customer base in the U.S.
AGCO customers will be able to connect to the Climate FieldView platform through FieldView Drive device, AGCO’s Precision Planting 20/20 SeedSense Display, or through application program interfaces (APIs) beginning late 2017.
Driving isn’t the only thing that’s going to be autonomous. Planting crops also will be done on autopilot, and a small family-owned company is leading the way. That’s why Dawn Equipment topped Crain’s latest list of the most innovative Chicago-area companies, based on an analysis of patents.
This week, AgDNA surpassed its growth projections, announcing partnerships with eight new multi-store dealerships across the Midwest, mid-south and east coast.
The court decision permanently bans the use of the John Deere colors by FIMCO, Inc., a S.D. company that manufactures and markets agricultural sprayers under the "Ag Spray Equipment" brand name.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Compeer Financial and PepsiCo’s pilot program to help lower the cost of strip-till equipment for farmers.
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.