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Articles Tagged with ''AGI''

AEI Newsmakers: Oct. 2022

October 14, 2022 | Posted in Ag Equipment Business

Tractor Zoom Announces $5 Million in Series A Funding
USDA WASDE Report: Lower Corn & Soybean Production
AGI Announces CEO Leadership Transition
Caterpillar Announces Battery-Powered Wheel Loader Prototypes
Volvo Penta & CMB.TECH Partner on Dual-Fuel Hydrogen Engines

AGI Announces CEO Leadership Transition

September 23, 2022 | Posted in Ag Equipment People

Ag Growth International Inc. today announced that Tim Close has stepped down as president and chief executive officer and resigned as a director of AGI to pursue other opportunities.

AGI Second Quarter Revenue Rises 29% to $390 Million

August 11, 2022 | Posted in Earnings Reports

Record results were supported by strength across nearly all segments and geographies as the company expanded margins despite supply chain issues, regional disruption in Europe, Middle East and Africa and continued cost inflation pressure.

AGI Reports 2021 Sales Up 20% to $1.2 Billion

March 10, 2022 | Posted in Earnings Reports

“Our strong results in the fourth quarter contributed to a record year for 2021 with broad-based strength in Farm, AGI Digital, EMEA, India and AGI Food. We see strong growth opportunities across all of our segments as demand for global food infrastructure remains robust," said AGI President and CEO Tim Close.

AGI Reports 3Q21 Sales Up 11%

November 11, 2021 | Posted in Earnings Reports

Strong demand for AGI’s products across most regions resulted in consolidated trade sales increasing 11% year-over-year for the three-months ended Sept, 30, 2021.

AGI Appoints Farmobile Co-Founder as New SureTrack Leader

July 8, 2021 | Posted in Ag Equipment People

Ag Growth International has announced Jason Tatge as the new senior vice president of AGI SureTrack.

AGI Partners With Software Provider Bushel To Advance SureTrack Offering

May 26, 2021 | Posted in Ag Equipment Business

Headquartered in Fargo, N.D., Bushel is a provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies.

Ag Growth International Q1 Sales Increase 12%

May 14, 2021 | Posted in Earnings Reports

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.

Ag Growth International Reports Farm Sales Up 9% in 2020 in North America

March 17, 2021 | Posted in Earnings Reports

Resilient results in the fourth quarter closed out a year marked with numerous challenges but substantial strategic progress. The company's investments in building its 5-6-7 diversification strategy contributed to a relatively strong performance given the challenges throughout the year created by the COVID-19 pandemic.

AGI Reports 3Q20 Sales Up 8.2%

November 16, 2020 | Posted in Earnings Reports

Continued robust performance in North American Farm markets, EMEA, Brazil and India was offset by lower results in North American Commercial markets resulting in a record third quarter for sales and adjusted EBITDA despite ongoing COVID-19 challenges.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

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