Industry News

Midyear U.S. Agricultural Equipment Exports Up 4 Percent Compared to 2009

Exports of U.S. agricultural equipment have increased each quarter of 2010, with midyear shipments totaling $4.9 billion, a gain of 4 percent compared to January-June 2009, according to the Association of Equipment Manufacturers (AEM). The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.
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Blount Buys Farm Equipment Maker SpeeCo

Industrial manufacturer Blount International Inc. (BLT) said it acquired a company that makes farm and ranch equipment for $90 million in cash, which it expected would boost profit next year.
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