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Is CE Dealer Finning the Model for Farm Equipment Dealerships of the Future?

August 10, 2015 | Posted in Equipment & Equipment Sales
With Finning International's acquisition of Kramer this past May, the fraternity of Caterpillar construction equipment dealerships in Canada became even more elite. This move leaves only eight CAT dealers operating 100 locations throughout the entire country. Nearly all of these are owned and operated by only three dealers, Finning and Toromont, both of which are publically held, as well as Hewitt Equipment.
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Equipment Sales Slump Continues

August 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales
North American large ag equipment sales declines continued in July. 4WD tractors lead the dropoff with sales down 30.1% year-over-year, followed by row-crop tractors at down 22.9% and combines sales declined 22% vs. the same period last year, according to the latest unit sales figures released by the Assn. of Equipment Manufacturers on Aug. 11.
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Exel Reports Sprayer Sales Decline is Slowing

August 1, 2015 | Posted in Equipment & Equipment Sales
Crop sprayer manufacturer Exel Industries has reported some easing of the sharpest drop in sales it has experienced since 1991. Revenues from sprayer sales in the group’s March-to-May third quarter were still off 6.4%, but look more encouraging than the 17% rolling shortfall for the 12 months to the end of May.
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