Crown Power and Equipment Co., based in Columbia, takes over ownership in mid-January. Fritz Implement will become the seventh store in the Crown group in Missouri.
On Jan. 17, the High Plains/Midwest Ag Journal reported that Bucklin Tractor and Implement Co. (BTI), Bucklin, Kan., will take ownership of Great Bend Farm Equipment, Great Bend, Kan.
Precision technology and data specialist Trimble continues to add focus to its agricultural market activities by appointing new partners to the “Vantage by Trimble Agriculture” distributor network and consolidating several farm management software lines into a single product.
The relatively lackluster market for ag equipment worldwide caused Claas revenues to dip 5% in the group’s 2015-16 fiscal year ended Sept. 30, dropping from the previous year’s totals of €3.83 billion ($4 billion) — a small increase over 2014 revenues — to €3.63 billion ($3.79 billion).
Ag equipment businesses with a rich heritage and an enthusiastic following should milk these assets for all they are worth, judging by the impact of a special run of Versatile tractors that helped Buhler Industries increase sales revenues last year when most manufacturers experienced a decline.
Farm and industrial tire executive Maurice Taylor is relinquishing day-to-day management of Titan International to Paul G. Reitz, who has added the chief executive officer’s role to that of president of Titan.
Ambitious plans for new products and expansion into new export markets — including the U.S. in time — could more than double the size of Keenan, the Ireland-based diet feeder manufacturer and animal nutrition consulting group acquired from bankruptcy by Alltech (see Ag Equipment Intelligence, May 2016).
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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.