Brillion Farm Equipment, the Brillion, Wis., manufacturer of seedbed preparation and seeding equipment, is up for sale again. This time it looks as if parent company, Accuride Corp., may be serious about selling it.
It’s not the wholesale switch from Cummins to Fiat Powertrain Technologies (FPT) engines that has muted the characteristic exhaust bark of the latest Case IH and New Holland high-horsepower tractors, but rather the big air box that the gases now pass through.
August represented the highest month of “August” sales this cycle, even higher than the 2008 peak, according to Ann Duignan, JP Morgan analyst in her report on the latest sales figures of North American farm equipment sales from the Assn. of Equipment Manufacturers.
After growing through acquisition and increasing market share in Europe, CGS Tyres is building a plant in the U.S. and plans to make a serious run at agricultural OEM business, executives told Ag Equipment Intelligence during the 2010 Farm Progress Show in Boone, Iowa.
The new CEO of German tractor-loader manufacturer Stoll is kicking off a program of production improvements aimed at raising efficiency and output levels in preparation for a global sales drive.
While its second quarter 2011 revenues rose 8.5% to $209.7 million compared with the second quarter of fiscal 2010, Titan Machinery’s profits slipped 44% to $2.7 million during the period from $4.9 million for the same 3 months of last year.
While John Deere is the undisputed leader when it comes to total sales of farm machinery worldwide, it doesn’t dominate the other regions of the world like it does North America.
Farm equipment dealers believe farmers will purchase extra equipment this year to delay buying interim Tier IV equipment, and this will likely come at the expense of 2011 sales, according to the most recent dealer survey conducted by UBS Global Equity Research.
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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.