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AEI Newsmakers: November 2024

November 15, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

Germany’s Machinery and Equipment Manufacturers Assn. (VDMA) reported German tractor registrations down 7%...
In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down 19%...
Ag Express Electronics, a provider of electronic repair and manufacturing services, announced on Nov. 7 a strategic partnership...
Craig Harthoorn, president of the Oxbo Forage Division in Marshfield, Wis., was elected president of the Board of Directors...
Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its 3Q revenue was up 38.6%...
Mississippi State Univ. is partnering with John Deere through a master research agreement, establishing a framework...
Scott Miller announced via LinkedIn that he had rescinded his acceptance of the CEO position...

Buhler Reports 16% Increase in 2Q Revenue

August 21, 2024 | Posted in Earnings Reports

Revenue for the first six months of 2024 was $149.4 up $25.8 from 2023.

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Buhler Industries Reports $126 Million in 2023 U.S. Sales, Looks at Introducing ASKO Products

April 15, 2024 | Posted in Earnings Reports

In its annual report filed March 28, Buhler Industries, which manufacturers the Versatile and Farm King brands of farm equipment, reported C$239 million in annual revenue, down 0.6% year-over-year.

Pricing & Dealer Relations Top Specialty Manufacturers Concerns for 2024

February 15, 2024

During the specialized manufacturer panel at Ag Equipment Intelligence’s 2024 Executive Briefing Dec. 7, 2023, from specialty manufacturers spoke about the main challenges they expect to address in 2024.

Versatile Finds New Opportunities in ASKO Holdings, Shakes Off Former Owner Issues

January 15, 2024 | Posted in Mergers & Acquisitions

On Dec. 20, Buhler Industries, which manufactures the Versatile and Farm King equipment lines, announced it would be acquired by Turkish ag equipment manufacturer Başak Traktör.

ASKO Holding to Acquire 97% of the Common Shares of Buhler Industries

December 20, 2023 | Posted in Mergers & Acquisitions

The shares to be acquired represent approximately 97% of all of the outstanding shares.

5 OEMs Highlight Reasons for Optimism Heading into 2024

September 18, 2023 | Posted in Ag Equipment Business, Ag Equipment People

Ag Equipment Intelligence caught up with 5 tractor manufacturers at this year’s Farm Progress Show and asked them to explain their areas of optimism for 2024.

Versatile Jumps Into Autonomy with Mojow Collaboration

July 17, 2023 | Posted in Dealers & Dealerships

Versatile announced July 11 a collaboration with Mojow, a developer of autonomous software for agricultural machines, to validate Mojow’s autonomous navigation controller Eyebox on Versatile tractor models.

[Technology Corner] Versatile Enters Autonomy Arena with Mojow Partnership

July 14, 2023 | Posted in Technology

Versatile announced a partnership with Mojow Autonomous Solutions — the two companies are teaming up on the development of Mojow’s EYEBOX autonomous navigation controller. Engineers from both companies have been working together over the past 6 months, to integrate the system on Versatile tractors.

Buhler Industries Reports $179 Million in 2022 Revenue

April 3, 2023 | Posted in Earnings Reports

Buhler Industries' revenue for the year was $178.8 million, down $57.6 million from sales of $236.4 million in 2021.

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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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