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, 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.
