This morning Deere & Co. reported an 11% increase in profits compared to the same period of 2011. The Co. posted net income of $788 million vs. $712.3 million a year ago. Total sales and revenues rose 15% to $9.59 billion.
GVM's locations in Biglerville, Pennsylvania, Bellevue, Ohio, and Bunker Hill, Indiana will begin to operate under Independent Ag Equipment as distributors of multiple equipment lines and acting as separate entities from manufacturing.
Rocky Mountain Dealerships Inc. announced that it has completed the previously announced agreement to purchase 100% of the issued and outstanding shares of Camrose Farm Equipment Ltd for $5.7 million cash consideration.
The Roto-Mix Dodge City Championship Bull Riding Shootout that was taped in Dodge City earlier this year will hit the airwaves this weekend. Roto-Mix manufactures livestock mixing and feeding equipment, compost mixing equipment and manure spreaders.
Fiat Industrial SpA (FI), the truck and tractor manufacturer that carmaker Fiat SpA (F) spun off in 2011, plans to merge with its CNH Global NV (CNH) (CNH) unit and move its primary listing to New York to lure more investors worldwide.
Trelleborg Wheel Systems has announced a price increase of up to 5.5% in North America, effective July 2012, on all tires and wheels for agricultural, forestry and light industrial applications.
Mitas opened its newest radial farm tire factory in Charles City, which coined the word. Iowa Governor Terry Branstad, Charles City Mayor James Erb and Mitas representatives Tomas Nemec and Oldrich Slemr cut the ribbon to start serial production of farm tires.
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.