The completion of a $55 million bulk order for steering solutions products has returned AgJunction revenues to more “normal” levels. By Dec. 31, 2019, AgJunction had accumulated revenues of $39.2 million for its 2019 fiscal year, 39% lower than the $64.5 million generated in 2018 when the business also gained $6.4 million from the sale of its Outback Guidance division to Hemisphere GNSS.
That transaction has allowed AgJunction to focus on off-road machine automation with…
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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.
