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AEI Newsmakers: June 2024

June 17, 2024 | Posted in Ag Equipment Business, Mergers & Acquisitions
  • Investment group Kinperium Industries acquired Hiniker Co., effective June 3....
  • Bridgestone-Firestone announced June 6 it would be cutting jobs at its Des Moines, Iowa, plant...
  • JCB announced June 4 a new $500 million factory in San Antonio, Texas — the biggest investment in the firm’s history...
  • Shivvers Manufacturing, a manufacturer of grain drying technology, acquired Haber Technologies...
  • Following the acquisition of Canadian implement manufacturers Morris Equipment Ltd. and Rite Way Mfg. Co. Ltd. in March 2021...
  • LS Tractor USA is opening a new warehouse in Battleboro, N.C., for its parts department...
  • SeedMaster, a Canadian manufacturer of no-till seeding technology, invested $10 million...
  • In its June 12 WASDE report update, USDA’s 2024/25 ending stocks are estimated at 2.102 billion bushels of corn...
  • AGCO announced May 23 its recent investment in the Innova Ag Innovation Fund VI of venture capital firm...
  • Ohio Ag Equipment informed customers on May 17 that it was ending its distribution arrangement with AGCO...

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Handicapping the Alternative Fuels Race

October 15, 2022 | Posted in Alternative Power Sources
Given social and political pressure to remove carbon-based fuels from the marketplace and the subsequent reluctance of petroleum refiners to invest in additional throughput capacity, it’s apparent that ultra-low sulfur diesel fuel (ULSDF), will lose its undisputed top billing.
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On the Record Podcast

[Podcast] Deere to Re-enter Strip-Till Market?

October 7, 2022
In this podcast, industry insiders tell us John Deere dealers are currently testing new Deere-branded strip-till rigs. In the Technology Corner, Noah Newman talks with Skip Klinefelter about Linco-Precision's acquisition of Dairy One Cooperative's precision farming assets. Also in this episode: what alternate power sources do farmers see as the most viable and dealers are expecting higher price increases in 2023 vs. 2022.
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On the Record

Deere to Re-enter Strip-Till Market?

October 7, 2022
In this week's episode, industry insiders tell us John Deere dealers are currently testing new Deere-branded strip-till rigs. In the Technology Corner, Noah Newman talks with Skip Klinefelter about Linco-Precision's acquisition of Dairy One Cooperative's precision farming assets. Also in this episode: what alternate power sources do farmers see as the most viable and dealers are expecting higher price increases in 2023 vs. 2022.
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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

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. 

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