The transaction is expected to close in the third quarter, contingent on normal regulatory approvals. This acquisition aligns with Hemisphere’s continued push into the global agriculture market.
Prior to joining Hemisphere, Mr. Farrar’s executive leadership positions included vice president of sales for AgJunction, a designer and manufacturer of precision agriculture hardware and software solutions.
Hemisphere GNSS Inc. announced that Farlin Halsey has been named President and Chief Executive Officer, effective January 2, 2017, replacing Xinping Guo, the Interim President and Chief Executive Officer.
Guo has extensive experience in GNSS OEM and direct sales market segments. He is chairman and general manager of Beijing UniStrong Science & Technology Co. Ltd.
Randy Noland has more than 30 years of proven experience in GNSS OEM, application software and machine control markets, having spent the last 8 years with Carlson Software as the vice president/director of Machine Control where he was instrumental in acquiring numerous large accounts.
On January 31, 2013, Hemisphere GNSS Inc. a subsidiary of Beijing UniStrong Science & Technology Co. Ltd., purchased the Precision Products business and related GNSS technology and intellectual property from Hemisphere GPS Inc.
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.
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