While North American sales of large farm equipment maintained its strong growth trend in seasonally important March, sales of compact tractors showed its first positive signs in nearly 2 years.
For more than 2 years, observers of the farm equipment industry have been saying that a shakeout among compact tractor makers in North America is not only necessary, but is on the way.
It looks as if the anticipated consolidation of the compact tractor industry in North America is under way, with the first salvo being merger plans for Montana Tractors LLC and Kukje Machinery Co., the parent company of Branson Tractors Inc.
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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.