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Articles Tagged with ''North America''

AEI Newsmakers: December 2024

December 17, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

CNH announced Scott Harris will assume the role of president, North America, effective Jan. 1, 2025...
USDA released its WASDE report on Dec. 10...
AGCO announced that Bob Crain, senior vice president and general manager, Grain & Protein, will retire...
Eduardo Urrestarazu has been appointed as the president of Agrisolutions’ global business...
CEAT, an RPG company and Michelin have entered into a definitive agreement for CEAT to acquire...
Ag Express Electronics appointed Mark McClellan as its new chief operating officer...
SeedMaster, the developer and manufacturer of no-till seeding technology driven by precision...
The Assn. of Equipment Manufacturers (AEM) and the European Agricultural Machinery Assn. (CEMA) have...

AEI Newsmakers: November 2024

November 15, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

Germany’s Machinery and Equipment Manufacturers Assn. (VDMA) reported German tractor registrations down 7%...
In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down 19%...
Ag Express Electronics, a provider of electronic repair and manufacturing services, announced on Nov. 7 a strategic partnership...
Craig Harthoorn, president of the Oxbo Forage Division in Marshfield, Wis., was elected president of the Board of Directors...
Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its 3Q revenue was up 38.6%...
Mississippi State Univ. is partnering with John Deere through a master research agreement, establishing a framework...
Scott Miller announced via LinkedIn that he had rescinded his acceptance of the CEO position...

Titan International 3Q Ag Net Sales Drop 17.6%

November 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Equipment & Equipment Sales

Titan International reported its third quarter net sales for the ag segment were down 17.6% to $175.4 million. The drop was primarily attributed to a significant reduction in global demand for agricultural equipment, particularly in North America and Europe.

Claas Doubles Business in 5 Years, as Predicted

November 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Equipment & Equipment Sales

Five years ago this week, during Agritechnica 2019 in Hanover, Germany, Claas Senior Vice President-Americas, Eric Raby, talked at length with Ag Equipment Intelligence.

Ag Equipment Intelligence Lists

North America’s Largest Dealers Ranked by Total Employees

September 15, 2024 | Posted in Ag Equipment Business

In its June 2024 issue, Farm Equipment published the Farm Equipment 100™, a list of the 100 largest ag equipment dealers in North America by number of ag locations. Reproduced here are the top 25 dealers by total number of employees.

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Raymond James Analyst: Expect Softness for Remainder of Year as Farmers Sit on Hands Ahead of Elections, Expected Interest Rate Cuts

September 15, 2024 | Posted in Ag Equipment People, Data & Trends

Ag Equipment Intelligence spoke earlier this week with Tim Thein (formerly a Citigroup analyst and now at Raymond James & Assoc.), who dealers know from his attendance and presentations at Farm Equipment and Precision Farming Dealer’s annual Summits.

Large Ag Sales Rebound in April

May 15, 2024 | Posted in Ag Equipment Business, Data & Trends

North American large ag equipment unit retail sales rebounded in April with a 12.8% year-over-year increase compared to a 3.1% decline in March, according to the latest data from the Assn. of Equipment Manufacturers.

Kazakhstan Offers Opportunities for North American Manufacturers

April 15, 2024 | Posted in Ag Equipment Worldwide

As the 9th largest country in the world by area and one of the smallest by population, Kazakhstan is ripe with potential for North American farm equipment manufacturers.

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

Kuhn Group Reports Net Sales Down 6% in 2023

March 15, 2024 | Posted in Data & Trends, Earnings Reports

Kuhn Group’s parent company, Bucher Industries, reported net sales for Kuhn Group of $1.61 billion, down 5.9% year-over-year, in its 2023 earnings report released March 1.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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