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AEI Newsmakers: February 2024

February 15, 2024 | Posted in Farming Practices, Technology

Wisconsin Battery Co. announced in December the acquisition of 17 acres in Portage, Wis...
The Milwaukee Business Journal published a list of the largest nonprofits in the state of Wisconsin on Feb. 9. The Assn. of Equipment Manufacturers (AEM) topped the list in annual revenues of $35.7 million...
AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, and the company brought back the first group of employees returning from furlough in the first week of January...
In its Feb. 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn (vs. consensus 2.149 billion bushels)...
The prospects of interest-rate cuts were clouded by a Feb. 13 Federal Reserve report that inflation remained higher than expected...
Hay and forage equipment manufacturer H&S Manufacturing announced the closure of its Clintonville, Wis., facility, ...
Canadian seeding technology manufacturer Clean Seed Capital Group Ltd. announced Feb. 7 the signing of a technology license...
VDMA reported German tractor registrations down 1% year-over-year in January. Registrations in the 100+ horsepower category were down 4%...
CEMA’s general business climate index decreased to -52 in the February survey vs. -50 last month...

AGCO Starts to Bring Back Furloughed Hesston Plant Workers

January 13, 2024 | Posted in Ag Equipment Business

AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, 2024, and the company brought back the first group of employees returning from furlough in the first week of January.

AGCO Hesston Plant Identified as COVID-19 Cluster for Second Time

March 10, 2021 | Posted in Ag Equipment Business

The facility recently reported 14 employees had tested positive for COVID-19, who the county said were isolating in their homes.

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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