Ag Growth International announced its subsidiary, AGI SureTrack, was successful in defeating challenges brought by Farmers Edge. and Farmers Edge (US), to AGI SureTrack patents relating to the Farmobile PUM device.
“Our all-time record quarterly results for sales and Adjusted EBITDA continue to highlight the
strength and growth of AGI,” commented Paul Householder, President and CEO of AGI.
Ag Growth International Inc. today announced that Tim Close has stepped down as president and chief executive officer and resigned as a director of AGI to pursue other opportunities.
Ag Growth International (AGI) finished out the first quarter of 2021 with trade sales of $256 million, up 12% year-over-year, and with a strong outlook for the remainder of the year.
Despite a falloff in Canadian sales, U.S. and International markets helped bolster Ag Growth International’s (AGI) results during the second quarter 2020.
Ag Growth International’s (AGI) results for the first quarter of 2020 ended March 31 showed trade sales in the quarter increased $12.7 million or 6% over first quarter 2019 due to strong farm sales in the U.S. and the recent acquisition of Milltec in India.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.