Cervus Equipment Corp., (CVL) with 24 John Deere ag equipment dealer locations in western Canada, increased its third-quarter revenues by $47.8 million or 25.6% to $234.7 million when compared to the same quarter of 2011. According to the company’s November 7 release, same-store sales increased $17.6 million or 9.4%. Both of the company’s operating segments reported increases in revenues with the ag equipment segment increasing by 14.1% to $170.6 million and the commercial and industrial…
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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.
