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.
The Company’s decrease in sales levels is the result of supply chain issues experienced during
the quarter and not a result from the lack of demand as it remains very high.
Instead of tilling or plowing the soil, no-till involves seeding through the prior crop’s standing residue. Weed control is accomplished primarily through herbicides.
Two British manufacturers are the latest to join the growing portfolio of European agricultural equipment firms represented in eastern Canada by distributor LanAgro, Cornwall, Ont.
Earlier in the year the Company announced that it had entered into a lease agreement for a pair of new build facilities and the related surrounding grounds.
The Purchaser acquired an aggregate of 4,083,886 Buhler Industries Shares at a price of $3.00 per Buhler Industries Share for an aggregate purchase price of $12,251,658.
Tillage and seeding equipment manufacturer Bednar MFT has expanded its team in Canada with the appointment of an eastern region sales manager as the Czech company adds precision hoes and power harrows, and moves into new European markets.
In 2021 the Versatile factory in Winnipeg, which has been building tractors for 55 years, will begin the manufacture and assembly of the company's line of tillage, including tandem and offset discs, vertical tillage and high speed compact discs.
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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.