Industry News

From the Desk of Dave Kanicki

The "Good Old Days"

Talk about the "good old days" and things we probably will never see again, during the last month or so, Mike Lessiter and I had the enviable task of interviewing four, now-retired farm equipment legends who were a big part of some of the best and worst times in this business.


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RDO Equipment Brings First Live Auction Webcast to Proxibid

Proxibid ( www.proxibid.com ), the world's largest, most trusted online marketplace for buying and selling specialized assets, today announced that the Company will provide live online bidding for RDO Equipment Co.'s Year End Reduction Auction, the first ever live auction webcast for RDO Equipment Co. ( www.rdoequipment.com ), a premier John Deere and Vermeer equipment dealer. The event will take place Tuesday, December 18 at 10:00 a.m. central at RDO Equipment Co.'s Moorhead, MN facility, with online bidding commencing at that time via Proxibid. Buyers can visit www.proxibid.com/RDO or www.rdoauctions.com to view the auction catalog or to bid.
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Farm Implement Dealership Relocating to Balzac Area

Rocky View County is the future site of a new agriculture-implement dealership. Representatives from AGRO and Cervus Equipment Corporation broke ground Dec. 3, on its new 66,000-square-foot dealership. The dealership, to be located directly east of CrossIron Mills mall in the Balzac area, will replace the company's existing 28,000-square-foot facility located on 84th Street NE and 24th Avenue NE in Calgary.
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Titan Machinery Raises Outlook for Fiscal 2013

Titan Machinery, North America's largest dealer network for farm equipment, this morning reported its revenue increased 37.6% to $582.1 million for the third quarter of fiscal 2013 from revenue of $423 million in the third quarter last year, also raised its outlook for the remainder of the year.
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Horsch Anderson to Produce Products Under HORSCH brand

Effective December 1st, 2012, all products produced by Horsch Anderson, LLC will carry the HORSCH label in support of company initiatives to strengthen the HORSCH brand name in North America, as well as globally. This joint effort will unify the strategies of both companies, which share common products and technologies, and support continued rapid growth worldwide. With a firm presence in many markets across the globe, HORSCH and all HORSCH partner companies will join together using one product marketing brand.
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John Deere Earns Recognition as Top 100 Global Innovator

John Deere has been named a Thomson Reuters 2012 Top 100 Global Innovator. The program honors corporations and institutions that are at the heart of innovation as measured by a series of proprietary patent-related metrics. The list is an initiative of the Intellectual Property Solutions business of Thomson Reuters. "Meaningful innovation at John Deere is creating product and service solutions that solve real problems and create value for our customers and our company," said Samuel R. Allen, chairman and chief executive officer.
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