Items Tagged with 'Doosan Bobcat'

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AEI Newsmakers: August 2024

  • 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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AEI Newsmakers: January 2024

  • Tire manufacturer Bridgestone announced Dec. 20 it had sold its Russian business to Russian holding company S8 Capital, which includes a tire manufacturing plant, a sales and marketing office and about 1,000 employees.
  • Engine manufacturer Cummins agreed to a record-setting $1.7 billion fine in the settlement of a lawsuit by the U.S. Justice Department and California, according to a Jan. 10 report from Reuters.
  • As part of its efforts to electrify critical off-highway machinery, Bosch Rexroth announced Jan. 9 a partnership with thermal management manufacturer Modine.
  • Kinze has purchased a 443-acre agricultural land tract south of the Phoenix, Ariz., metro area, according to a Jan. 4 report from BNN.
  • During this year’s Consumer Electronics Show, Doosan Bobcat revealed an autonomous and electric articulating tractor — the Bobcat AT450X enabled by Agtonomy.
  • Ag equipment distributor AgLine Distributing & Equipment officially began operations at a Mississippi Band of Choctaw Indians facility in Carthage, Miss., earlier this month, according to a Dec. 27 report from The Nebosha Democrat.
  • Implement manufacturer Lemken has brought South African no-till drill manufacturer Equalizer — which it acquired in January 2023 — to Canada for field testing, according to a Jan. 14 report from Grainews.
  • In its Jan. 12 WASDE report, USDA’s 2023-24 U.S. ending stocks are estimated at 2.162 billion bushels of corn (vs. consensus 2.094 billion bushels) and 280 million bushels of soybeans (vs. consensus 242 million bushels).
  • VDMA reported German tractor registrations down 1% year-over-year in December (flattish in 2023). Registrations in the 100+ horsepower category were up 4% year-over-year (up 5% in 2023).
  • Tractor Zoom, a provider of farm equipment and heavy machinery valuation data, announced Dec. 20 the acquisition of Anvil App Works, a salesforce OEM partner with CRM solutions built for equipment dealerships.
  • Oxbo announced Dec. 21 it will acquire Westside Equipment Co. in Madera, Calif, a manufacturer of tomato and pistachio harvesting equipment. 

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