Manufacturer News

AGCO to Acquire GSI Holdings

AGCO, a worldwide manufacturer and distributor of agricultural equipment, today announced that it has agreed to acquire GSI Holdings Corp. (GSI) from affiliates of New York-based Centerbridge Partners, L.P. for $940 million.
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Topcon Ag Reaches Agreement with SAME DEUTZ-FAHR

Topcon Precision Agriculture (TPA) has announced an agreement with SAME DEUTZ-FAHR (SDF), to produce a new product line for SDF dedicated to precision agriculture. Topcon is a business unit of Topcon Positioning Systems (TPS), and SDF is one of the leading manufacturers of tractors, combine harvesters, engines and agricultural equipment.
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GM Hires New Treasurer Away from John Deere

General Motors has hired a new treasurer – Deere & Co.'s Jim Davlin – filling out the automaker's financial team after it was shaken up this spring by former Chief Financial Officer Chris Liddell's departure.
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Bridgestone to Expand U.S. Ag Tire Operations

Japanese tire maker Bridgestone Corp. said Wednesday it plans to spend $1.1 billion to expand an existing auto-tire plant in South Carolina and build a new factory to produce tires for heavy, off-road vehicles.
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Titan Machinery Agrees to Acquire Jewell Implement Co.

Titan Machinery Inc. announced today that it has entered into a definitive agreement to acquire Jewell Implement Company, Inc., a Case IH agriculture equipment dealership located in Jewell, Iowa. The acquisition is expected to close on or around November 1, 2011.
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