Progressive Farmer’s October 2023 edition covered the technician challenge ahead for the farm equipment industry. It reported that AGCO alone was looking to place 2,000 technicians over the next 5 years. According to the U.S. Bureau of Labor Statistics, there are about 35,000 farm-equipment mechanics and service techs in the U.S. In any 1 year, because of career changes and retirements, there are about 4,500 openings, and by other estimates, there will be as many…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
