The Assn. of Equipment Manufacturers (AEM) is calling on the federal government to develop and implement a comprehensive national strategy for manufacturing to strengthen the economy and create new jobs and opportunities.
Congressional negotiators have reached a bipartisan agreement on a nearly $2 trillion emergency relief package, in response to the COVID-19 pandemic. AEM staff has provided an initial overview of key appropriations provisions that impact equipment manufacturers.
The Assn. of Equipment Manufacturers is reporting that U.S. sales of farm tractors and combines in February were mixed. The bright spot was 4WD and 100-plus horsepower tractors which showed healthy gains year-over-year, however, overall tractor and combine sales fell during the month.
The number of new jobs developed in this economy and the growth of wages has provided many with not only more disposable income but growing retirement accounts. The strength of the smaller horsepower tractor markets is a direct result of this powerful economic engine and should remain so in 2020.
New data from the Assn. of Equipment Manufacturers (AEM) and Oxford Economics shows a positive trend in agricultural tractor and self-propelled combine sales for the next several years despite a brief tick down for 2020.
In a recently issued statement, the Assn. of Equipment Manufacturers and several ag equipment manufacturers celebrated the signing of the USCMA as a "victory for equipment manufacturers."
December 2019 saw a return to positive overall results in U.S. sales of tractors and self-propelled combines, marking an upward end to a year that saw overall growth in the tractor and combine space.
Retail sales of ag equipment were below December's monthly forecast in all categories except for over 100 horsepower tractors, which exceeded the December forecast by 37 units.
Both the immediate and long-term future of the manufacturing industry will be defined by the development of several ever-evolving and cutting-edge trends and technologies. It’s critically important for manufacturers to develop a keen understanding of what they are, how they will grow over time, and how they will impact those within the industry.
The U.S. House of Representatives passed a bill to enact President Donald Trump’s U.S.-Mexico-Canada Agreement (USMCA) on Dec. 19, 2019, by a vote of 385-41. The measure now goes to the Senate, which The Hill reports is also expected to pass following the conclusion of Trump’s impeachment trial.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.