While consolidated revenue for 2QFY24 increased 29.4% year over year and Ag segment revenue grew 34.4%, the company maintained its FY24 guidance that the Ag segment would be up 20-25% year over year.
Titan Machinery announced it has entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons Pty. Ltd., the largest Case IH dealership group in Australia, for $63 million in cash.
Applied Machinery Sales (AMS) filed Chapter 7 bankruptcy on Aug. 17 under the name Applied Machinery Rentals, LLC. The filing comes after owner Garth McGillewie died June 21, 2023 at the age of 61.
Regional Product Manager Justin Smith walks through the new offerings on display for the TL12V2 Vertical Lift Track Loader from Takeuchi Manufacturing. Boasting 111 HP, a steel, one piece built carriage with access panels for easy maintenance and its Quiet Ride Tracks make this new Track Loader ideal for the agricultural market.
Joe Liotine joins Briggs & Stratton after serving 18 years in senior roles at Whirlpool Corp., most recently as president and chief operating officer where he led the Global KitchenAid business.
Merger Line Design Engineer Michael Krahling walks us through the new Twin Flex 6132 Merger from H&S Manufacturing. Named for its 32 feet width of continuous merging, a unique width which allows the customer to fit seven windrows into a ten foot cutting for its harvester. The merger is ideal for those using a triple mower on non-extreme terrain looking to improve their efficiency. Most importantly, the Twin Flex 6132 Merger features self contained hydraulics which ensures that your crop can be harvested in any scenario.
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.