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Automotive Mentality to Sourcing Ag Components at Linamar

October 15, 2024 | Posted in Ag Equipment Business, Mergers & Acquisitions

From conversations with ag equipment suppliers, Linamar is continuing to extend its automotive supply, or what was known as a “purchasing warrior,” strategy.

AEI Newsmakers: August 2024

August 15, 2024 | Posted in Ag Equipment Business, Equipment & Equipment Sales

Doosan Robotics will merge with Doosan Bobcat by early 2025. Prior to the merger...
CNH announced the appointment of Ryan Schaefer as new vice president of New Holland Ag North America...
AGCO entered into an agreement to sell the majority of its Grain & Protein business to American Industrial Partners...
According to CEMA’s August survey of EU ag equipment manufacturers, 6% consider their current business...
JP Morgan analysts view USDA’s Aug. 12 WASDE report as negative for U.S. farmers considering...
Trimble reported 2Q revenues of $870.8 million, down 12% year-over-year. For the full-year 2024...
Kinze announced Aug. 1 that it will be reducing its workforce. The reduction affects 193 of Kinze’s 815...
Alamo Group reported 2Q net sales of $416.3 million, down 5.5% year-over-year...

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Linamar Expands Ag Equipment Presence with Bourgault Acquisition

January 15, 2024 | Posted in Mergers & Acquisitions

Linamar Corp. announced Dec. 20 an agreement to acquire Canadian implement manufacturer Bourgault Industries out of St. Brieux, Sask., for C$640 million.

Linamar’s 2022 Revenue Benefits from Strong Ag Performance

March 15, 2023 | Posted in Analysis & Commentary, Data & Trends

In its 2022 earnings released March 8, Linamar, which owns the MacDon and Salford equipment lines, reported $7.9 billion in revenue, up 21.1% year-over-year. Revenue for 4Q22 came in at $2.1 billion.

Salford Group Announces Acquisition by Linamar Corp.

April 28, 2022 | Posted in Mergers & Acquisitions

The acquisition of the Salford will expand Linamar’s agriculture’s portfolio, which is currently anchored by MacDon Industries Limited.

Salford Group Appoints Tom Rodgers as Western U.S. Sales Manager

September 9, 2021 | Posted in Ag Equipment People

Salford Group has welcomed Tom Rodgers as a new sales manager. Rodgers will lead the territory sales managers of the Western U.S. and also be responsible for focused oversight of sales and marketing in the region.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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