According the 2015 edition of the "Big Dealer Report" compiled by Ag Equipment Intelligence and Currie Management Consultants, the total number of dealer groups that own 5 or more stores increased to 188, up from 181 in the previous year.
John A. Burnett is changing ownership after more than 50 years. Reis Equipment of Carp, Ont., took over at the Renfrew O’Brien Road location April 1. This makes it a fourth dealership for them.
While some dealers see some positive in overall market conditions, for most it remains tough sledding, according to the results of the March 2015 "Dealer Sentiments & Business Conditions Update" survey.
The new 5,360 square foot facility will offer a selection of compact construction and ag equipment. The location will also bring Ziegler parts and service support closer to the surrounding area.
Passage of the Section 179 and Bonus Depreciation tax incentives in late December probably helped some, but not enough to meaningfully reduce new and used farm equipment inventories on dealers’ lots.
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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.