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Articles by Kim Schmidt

Preparing the Next Generation of Technicians

Capital Tractor sponsors successful interns at SUNY Cobleskill to help prepare them for the workforce.
By Kim Schmidt posted on October 16, 2015 | Posted in Best Practices
Capital Tractor’s service manager John Mattison understands the importance of finding and training young service technicians. He currently serves on the Ag Engineering Consulting Committee at State University of New York (SUNY) Cobleskill as well as the Ag Advisory Board with the Greenwich High School.
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Finding Success as a Single-Store Dealership

Capital Tractor achieves success by empowering its staff and keeping used equipment inventory low.
By Kim Schmidt posted on October 16, 2015 | Posted in Best Practices, Dealer Succession
In the nearly 50 years that Capital Tractor has been in business it has operated as many as 3 stores. But today, the Greenwich, N.Y., New Holland dealer is a single-store dealership and president Jamey Gibson doesn’t see that changing.
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On the Record

Could Consolidation Among Top OEMs Happen in the Next Two Years?

By Kim Schmidt posted on October 9, 2015
In today's newscast we look at possible scenarios for manufacturer consolidation in the next 2 years, a new online resource that lets retailers coordinate equipment rentals with farm customers, OEM outlook for the next 12 months, the products dealers think are the "best bet" for improving sales in 2016 and Art's Way's latest earnings report.
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On the Record

New Holland Expects 'Decent Year' in 2016

By Kim Schmidt posted on September 25, 2015
In today’s newscast we look at New Holland’s outlook for 2016, used equipment inventory challenges, how precision ag parallels the IT industry and the need for farmers to cut $100 per acre in 2016.
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Kim Schmidt
From the Desk of Kim Schmidt

Share Ideas … If Everyone’s Better at it, Everyone Wins

By Kim Schmidt posted on August 24, 2015 | Posted in Best Practices
Used equipment is the elephant in the room. However, our August Dealer Sentiments & Business Conditions Update revealed a slight improvement, with fewer dealers saying their used equipment inventory was too high compared to the previous month. One dealer responding to the survey says, “Sitting on too much used inventory at unrealistic market prices has kept us very conservative when looking at new sales with trade-ins on high dollar items.
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On the Record

Rocky, Cervus Report Tough 2Q Results

By Kim Schmidt posted on August 21, 2015
In today’s newscast we look at one dealer’s outlook for the fourth quarter of 2015 and 2016, the latest earnings reports from Canadian dealers Rocky Mountain Equipment and Cervus Equipment Corp., how cash rents impact farmers’ equipment purchasing decisions and more.
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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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