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CNHI to Separate 'On-Highway' and 'Off-Highway' Assets, Acquires AgDNA

September 3, 2019 | Posted in Ag Equipment Business
Under the ‘Transform 2 Win’ strategy, CNH Industrial will reduce operating costs and increase the efficiency of its asset base through targeted restructuring actions and other charges condensed into an efficiency program and certain other initiatives including the 80/20 simplification process, initiated in Q4 2018. Full implementation is expected by the end of 2022. Pre-tax charges associated with this efficiency program in the remainder of 2019 and through 2022 are expected to be between $450 and $500 million.
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Ag Equipment Intelligence to Launch New Shortline Equipment Manufacturers’ Survey

August 29, 2019 | Posted in Ag Equipment Business
Ag Equipment Intelligence will launch its newest program for the farm equipment industry with a quarterly survey of ag shortline/specialty equipment manufacturers. The purpose of this new study is to determine business conditions and trends in a segment of industry that receives little attention, despite its significant innovations and contributions to the farm machinery business. The project will kick off in mid-September.
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ARGA Forecasts Majority of ERS Employees to Quit Ahead of Kansas City Relocation

July 5, 2019 | Posted in Ag Equipment Business
Source: Politico
A survey conducted by the American Federation of Government Employees shows that most employees affected by the USDA move will likely leave their position rather than relocate. According to Politico, with whom AFGE exclusively shared the survey results, up to 80% of employees at several Economic Research Service (ERS) departments do not plan to relocate, despite being selected to work in Kansas City.
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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.

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

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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