Mahindra & Mahindra’s Farm Equipment Sector reported total year-over-year sales of its tractors dropped in March 2019 to 19,688 units from 28,477 in March 2018. Exports during the month were 1,242 units.
Repurchases of company stock will be made from time to time in accordance with applicable securities laws in the open market and/or in privately negotiated transactions, and will include repurchases pursuant to Rule 10b5-1 trading plans.
A Dutch manufacturer and distributor of off-highway tires has established a North American office to build sales and after-sales support for customers in the U.S. and Canada.
Valmont Industries, the manufacturer of irrigation equipment for agriculture, reports that it has closed its Valley, Neb., manufacturing facility until at least Wednesday, March 20, as flood waters have made it unsafe for employees.
Based on a challenge by Deere & Co., the National Advertising Review Board has recommended that Mahindra modify its “#1 Selling Tractor” and “Over [2.1] million Mahindra tractors sold worldwide to date” claims, along with other statements.
John Deere tractor sales for 2WD tractors less than 40 horsepower, between 40-100 horsepower and 4WD tractors were up more than industry sales in February.
Thurston Manufacturing said it will be closing it Simonsen Iron Works facility in Spencer, Iowa, and merge its operations into its Thurston, Neb., location, according to a report in the Spencer Signal.
Vermeer Corp. has announced a new partnership agreement with Tubeline Manufacturing, which will help to expand the Vermeer full line of hay and forage tools to better serve customers in the provinces of Ontario, Quebec and Maritimes.
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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.