In their service revenue forecasts for 2023, half of dealers are forecasting growth of 2% or more, with 15.1% forecasting growth of 8% or more. Just 8.5% forecast a decline in service revenue over 2%.
Kverneland AS, a subsidiary of Kubota Corporation, has decided to acquire B.C. TECHNIQUE AGRO-ORGANIQUE SAS as a wholly owned subsidiary. BCT is a company that manufactures agricultural machine equipment known as implements.
Unverferth Manufacturing Co., Inc. is excited to announce the purchase of Orthman Manufacturing’s agricultural product lineup and the two manufacturing locations based in Lexington, Neb.
Krone North America and Northeast Farm Sales and Service, a single-store Kioti and LS Tractor dealer based in Irasburg, Vt., recently resolved a lawsuit centered around alleged agreement violates, according to a Jan. 30 report from Foley & Lardner.
During the specialized manufacturer panel at Ag Equipment Intelligence’s 2023 Executive Briefing on Dec. 9, 2022, executives from 4 shortline manufacturers spoke about the challenges farmers will face in the future and how it will impact their equipment needs.
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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.