Cervus Equipment (CVL-TSX), John Deere’s largest farm equipment dealer network in Western Canada, took a major step toward its goal of achieving $1 billion in revenue by 2018 by posting a 19.3% revenue increase for the full year of 2011. Overall, Cervus saw its revenues rise by $90.5 million for the year, with $53.7 million coming from the ag equipment segment and $36.8 million from the construction and industrial (C&I) segment.
Same-store revenue increased $80.2…
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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.
