Cervus Equipment reported on March 12 that it finished 2014 with a 7% increase in revenues from the sale of farm machinery. Cervus, with 35 dealerships throughout western Canada, Australia and New Zealand, is one of John Deere’s largest dealer groups.
Overall, the company reported that its consolidated revenues increased by $118.5 million, or 13.8% in the past year; $43.2 million of that increase came from its agricultural equipment segment. Same store revenue of $854.2…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
