Along with obvious shifts taking place in farm equipment distri- bution these days (most notably, dealer consolidation), there are few other, subtler yet significant shifts that will be interesting to follow.
Hosting a planter clinic takes a certain amount of planning and organization. But if you put the time and energy needed into the event, it can be beneficial to both you and your customers. Clinics also provide an opportunity to build new relationships and strengthen existing ones.
Tractor Central, the John Deere dealer in the Chippewa Valley, specializes in providing high-technology precision equipment to help farmers manage their operations. Now, thanks to a first-ever agreement of its kind involving John Deere, CVTC students in those classes will have use of some of the top-of-the-line John Deere field equipment, provided by Tractor Central.
For most farm equipment dealers, the gross margin on parts sales is three to four times that generated by sales of new whole goods. According to the South Western Assn. 2011 Cost of Doing Business Study, the typical dealership gross margin on new equipment sales ranged from 6.4% to 9.3%. The sale of parts and accessories, on the other hand, produces a 31% margin regardless of the dealership sales volume.
Innovation and progress go hand-in-hand, and in an industry like agriculture innovation has very tangible results. We are faced with a growing population that demands more food, but we can not create more land for farming. In order to keep up demand, technology and innovation will have to lead the way. For the past 26 years, members of the American Society of Agricultural and Biological Engineers (ASABE) seek out and recognize the most innovative of these advancements with the AE50 Award.
As a regular columnist, or writer at any level, you cannot help but wonder if you're hitting the mark with your readers. I've heard from and spoke with enough dealers since I started writing this column for Farm Equipment in early 2009 to believe that the topic areas in this column are generally on the mark. So it was nice to find out that one of my columns from last year ranked as the second most highly read stories on www.farm-equipment.com in 2012.
Hoober, Inc., a farm equipment dealer with locations in Pennsylvania, Delaware, and Maryland recently promoted Dan Balint to the position of Store and Parts Manager at the dealership’s Middletown location.
Sigourney Tractor & Implement signed documents today to complete the acquisition of Precision Equipment. This acquisition creates a new company, Sinclair Tractor, with 11 John Deere dealerships across southeast Iowa, serving customers in Iowa, Missouri and Illinois.
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.