Home / COVID-19

Articles Tagged with ''COVID-19''

CNHI Enacts Temporary Layoffs at Burlington, Iowa, Plant

March 30, 2020 | Posted in Ag Equipment Business

According to a report from The Hawk Eye, employees at a CNH Industrial plant in Burlington, Iowa have been temporarily laid off, possibly for as long as 4 weeks. The plant's three production lines will return as staggered lines over the next 2-4 weeks.

CNH Industrial Appoints Brad Crews Temporary General Manager North America

March 27, 2020 | Posted in Ag Equipment People

CNH Industrial N.V. has announced the temporary appointment of Brad Crews as General Manager North America. In this role, Crews will ensure cross-functional governance and coordinate all North American regional efforts during the COVID-19 situation.

Alamo Group to Close Several Manufacturing Sites Following COVID-19 Disruptions

March 27, 2020 | Posted in Ag Equipment Business

Alamo Group has announced several of its manufacturing operations are either temporarily closed or reducing their level of production due to repercussions from the COVID-19 pandemic.

VP Mike Pence Joins AEM Board to Address COVID-19, Deal Reached on 'Phase Three' COVID-19 Legislation

March 26, 2020 | Posted in Ag Equipment Business

Congressional negotiators have reached a bipartisan agreement on a nearly $2 trillion emergency relief package, in response to the COVID-19 pandemic. AEM staff has provided an initial overview of key appropriations provisions that impact equipment manufacturers.

Titan Machinery’s FY20 Revenues Rise 3.5%; Ag Up 3.1%

March 26, 2020 | Posted in Earnings Reports

Despite seeing a slowdown in the fourth quarter of its fiscal 2020 period, annual revenues were up 3.5% on strong aftermarket results, as parts sales rose 11.1% and service grew by 14.2%. Overall, equipment sales increased by about slightly under 1%.

Component Shortages Impact European Farm Machinery Production

March 26, 2020 | Posted in Ag Equipment Worldwide

National health protection rules and disrupted supplies of components are impacting agricultural machinery production in Europe as some factories are forced into temporary shutdowns. But parts support to dealers and end users, as well as dealer technical support, is holding up despite restricted working practices caused by the COVID-19 pandemic.

Titan International to Keep U.S. Plants Operating

March 23, 2020 | Posted in Ag Equipment Business

Titan International, manufacturer of Titan Tires, Titan Wheels and Goodyear Farm Tires, has announced it will keep its U.S. manufacturing facilities operating as normal in order to support the food and agriculture industry, which the federal government has deemed critical to the nation’s response to the coronavirus pandemic.

Deere Withdraws 2020 Financial Outlook

March 23, 2020 | Posted in Earnings Reports

In response to the coronavirus outbreak, Deere (NYSE:DE) withdraws its 2020 financial guidance saying the ultimate magnitude of the outbreak’s effects “could be material” but will be determined over time.

AGCO Provides Update on Impact of COVID-19; Withdraws Sales & Earnings Guidance

March 23, 2020 | Posted in Earnings Reports

In light of the COVID-19 virus outbreak and the lack of certainty of both the duration and magnitude of its impacts, AGCO is withdrawing its sales, earnings and other guidance. Production has been significantly reduced or suspended in several of the company’s European facilities, largely due to material shortages and constraints in the European supply chain.

CNHI Announces Two Week Suspension of European Assembly Operations

March 20, 2020 | Posted in Ag Equipment Business

CNH Industrial N.V. has announced it is suspending the majority of its European assembly operations for a two week period. This suspension applies to the Company’s agricultural, construction, commercial and specialty vehicles production facilities.

Image of a desktop, a phone, and newspaper

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Current Issue

Ag Equipment Intelligence

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.

Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

Must Read Free Eguides

Download these helpful knowledge building tools

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.

I am interior.sidebar.ad.5 EC area

Articles Tagged with ''COVID-19''

Get all things Ag Equipment Intelligence all the time!

Current Issue

Must Read Free Eguides

Videos