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Press Release

Buhler Industries Appoints New President, Streamlines Operations

April 1, 2024 | Posted in Ag Equipment Business

Grant Adolph, Chairman of the Board of Directors of Buhler Industries Inc., the manufacturer of Versatile and Farm King brands of farm equipment, has announced on Jan. 24, 2024, the appointment of Zafer Ozbalaban as President of Buhler Industries.

South American News: March 2024

March 15, 2024 | Posted in Ag Equipment Worldwide, Dealers & Dealerships

Argentina’s Akron Aims to Strengthen Presence in North America
John Deere Announces Layoffs in Brazilian Unit
Argentina’s Plantium Invests $2.2 million
Crucianelli Enters ‘Smart Spraying’ Business

AGI Reports 5% Improvement in 2023 Revenues

March 15, 2024 | Posted in Earnings Reports

2023 marked the fourth straight record year for Ag Growth International (AGI). The Canadian shortline manufacturer reported its fourth quarter and year-end results on March 5.

4WD Unit Sales Up Slightly in January

February 15, 2024 | Posted in Equipment & Equipment Sales

4WD tractors were the only segment to see year-over-year unit sales improve in January, according to the latest data from the Assn. of Equipment Manufacturers.

Canadian Implement Sales Forecast Up for 2023 & 2024

December 18, 2023 | Posted in Ag Equipment Worldwide, Data & Trends

According to a Nov. 15 report from Farm Credit Canada by Senior Economist Leigh Anderson, ag implements is one of 2 equipment categories forecast for sales growth in Canada in 2024.

Large Ag Equipment Sales Up in November

December 18, 2023 | Posted in Data & Trends, Earnings Reports

Large ag equipment unit sales were up 4.4% year-over-year in November, led by 4WD tractors, according to the latest data from the Assn. of Equipment Manufacturers.

Buhler Industries Reports Progress in Finding Long-Term Investment Partner

November 17, 2023 | Posted in Mergers & Acquisitions

Buhler Industries announced July 27 it had engaged the services of Toronto-based Origin Merchant Partners to identify a long-term investment partner.

S3 Group Ltd. Acquires Power Pin Inc.

November 17, 2023 | Posted in Mergers & Acquisitions

Headquartered in Swift Current, Sask., and approaching its 58th year in agricultural manufacturing, S3 Group now operates 7 facilities in 5 locations in Canada and the U.S.

Combine Sales Down in October

November 15, 2023 | Posted in Equipment & Equipment Sales

Declining combine sales drove the first large ag equipment unit sales decline since April 2022 (–8.9% year-over-year), according to the latest data from AEM.

Ag Growth International Reports $297 Million in 3Q23 Revenue

November 8, 2023 | Posted in Earnings Reports

Third quarter revenue of $297.2 million increased by 2% on a year-over-year basis.

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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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