David Meyer, Titan Machinery chairman and CEO, told Ag Equipment Intelligence that the company implemented new processes aimed at better controlling new and used machinery inventories going forward. He pointed out that with the high sales levels of new equipment, long lead times and low interest rates during the past several years it was beneficial to have more inventory on hand. “The year-end tax incentives over the last 5 years meant our customers needed to…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
