Industry News

Briggs & Stratton Hires Restructuring Adviser

Briggs & Stratton’s $195 million of unsecured bonds mature in December, and if any of them remain outstanding on Sept. 15, the company’s 2024 revolving credit line would need to be repaid immediately.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: KanEquip

In this episode of the Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, we're joined by Jim and Bryndon Meinhardt from KanEquip, a 14-store New Holland and Case IH dealership based Wamego, Kan.
In this episode of the Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, we're joined by Jim and Bryndon Meinhardt from KanEquip, a 14-store New Holland and Case IH dealership based Wamego, Kan.
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Generating Cash Part 3: Billing Efficiency & Warranty Losses in the Service Department

Trent Hummel, a consultant and trainer with the Western Equipment Dealers Assn.’s Dealer Institute recently gave a webinar for Farm Equipment where he explained how dealers should be taking down credit card numbers ahead of time, when to get OEMs to help pay for warranty losses and how to increase billing efficiency.
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Reynolds Farm Equipment Names New CEO

According to a report from Inside Indiana Business, Reynolds Farm Equipment, Farm Equipment's 2018 Dealer of the Year, recently announced that Michael Bode will take over as chief executive officer of the dealership on June 15.
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Deere Reports Net Sales Down 18% in FY2Q20

Deere & Company reported net income of $665.8 million for the second quarter ended May 3, 2020, compared with net income of $1.135 billion for the quarter ended April 28, 2019. For the first six months of the year, net income attributable to Deere & Company was $1.182 billion compared with $1.633 billion for the same period last year.
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