Ag Growth International (AGI) finished out the first quarter of 2021 with trade sales of $256 million, up 12% year-over-year, and with a strong outlook for the remainder of the year.
Farm segment trade sales and adjusted EBITDA for Q1 2021 grew 14% and 41% year-over-year, respectively, as strong demand for both portable and permanent handling from AGI’s Farm customers continued from 4Q20. Amid an unprecedented period of steel price increases, among increases for other…
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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.
