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Rocky Mountain Dealership Reports Record Sales Revenue, Tops $1 Billion for FY18

March 13, 2019 | Posted in Dealer News

Rocky Mountain Dealerships Inc., Canada's largest agriculture equipment dealer, reported its financial results for the 3 and 12 months ended Dec. 31, 2018.

AGCO’s Full Year 2018 Net Sales Grew by 12.6%

February 5, 2019 | Posted in Manufacturer News

AGCO reported net sales of approximately $2.6 billion for the fourth quarter of 2018, compared to net sales of approximately $2.5 billion for the fourth quarter of 2017.

Manitou’s 3Q18 Revenues Up 18%; American Sales Also Rise 18%

November 5, 2018 | Posted in Manufacturer News

Manitou Group, a worldwide manufacturer of rough-terrain handling equipment for construction, agriculture and other industries, reported third quarter revenues of €419 million ($478 million), up 18% vs. third quarter 2017.

Deere Reports 36% 3Q Equipment Net Sales Gain; Ag Up 18%

August 17, 2018 | Posted in Dealer News

Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, 2018 compared with net income of $641.8 million for the quarter ended July 30, 2017.

AGCO’s Jackson Operations Manufacturing Center Named 2017 IndustryWeek Best Plants Winner

March 2, 2018 | Posted in Manufacturer News

Established in 1990, the IndustryWeek Best Plants Awards program annually recognizes plants, located in North America, that are on the leading edge of efforts to increase competitiveness, enhance customer satisfaction and create stimulating and rewarding work environments.

Will CNH Industrial Consider Breaking Up the Company?

February 1, 2018 | Posted in Operations & Finance, Manufacturer News

According to a Feb. 1 Bloomberg report, “CNH Industrial will work to strengthen its balance sheet this year before considering whether to separate its Iveco truck business from the company’s more profitable tractor division," Chief Executive Officer Richard Tobin said.

CNH Industrial’s Ag Equipment Sales Up 14.5% in 4Q, 10% for Full Year

January 30, 2018 | Posted in Data & Forecasts, Operations & Finance, Manufacturer News

Net income was $313 million for the full year 2017 and includes a non-cash pre- and after- tax charge of $92 million due to the deconsolidation of CNH Industrial’s Venezuelan operations effective Dec. 31, 2017

Kenny Sommer Promoted at RDO Equipment Co./RDO Water in Watsonville

January 4, 2018 | Posted in Dealer News

Sommer named new store manager of facility offering agriculture equipment and irrigation solutions.

Kelli Cook Joins AGCO as Manager, Public Relations, North America

December 14, 2017 | Posted in Manufacturer News

Cook will be responsible for developing and implementing strategic public relations and publicity programs to support brand and product marketing efforts for North America.

CNHI 3Q17 Net Sales Rise 15.9%; Ag Up 12.4%

October 31, 2017 | Posted in Data & Forecasts, Operations & Finance, Manufacturer News

Source: CNHI

Net sales of Industrial Activities were $6,331 million in the third quarter of 2017, up 15.9% compared to the third quarter of 2016. Net income was $57 million for the third quarter of 2017 and includes $53 million of restructuring charges as part of the company's Efficiency Program.

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