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AEI Newsmakers: October 2024

October 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Dealers & Dealerships
  • USDA released its latest WASDE report on Oct. 11. JP Morgan analysts said, “We view today’s report as largely neutra...
  • According to CEMA’s survey of EU ag equipment manufacturers in October, 5% consider their current business to be...
  • VDMA reported German tractor registrations down 8% year-over-year in September (down 2% year-to-date)...
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50+ horsepower tractor registrations were down 19%...
  • John Deere announced plans on Oct. 14 to expand its John Deere Reman Core Center facility by...
  • AGCO announced layoffs at its Hesston manufacturing facility this week, following a 6% workforce reduction...
  • Texas John Deere dealer Tellus Equipment Solutions appointed Scott Miller chief executive officer...
  • On Oct. 1, Copperhead Ag announced plans to shift its sale strategy from direct to farmers...
  • Yokohama TWS appointed Elio Bartoli as its new company President, effective Dec. 1. Bartoli succeeds...

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AEI Newsmakers: August 2024

September 15, 2024 | Posted in Ag Equipment Business
  • Deutz AG has acquired Biuro Techniczno-Handlowe FAST Sp.z.o.o (BTH FAST), a Polish dealership that serves the ag, industrial...
  • Moveero completed Phase 2 of its hubs and spindles manufacturing investment program... 
  • European industry trade association CEMA’s September General Business Climate Index increased 3 points...
  • VDMA reported German tractor registrations down 28% year-over-year in August... 
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down...
  • HD Hyundai Construction Equipment North America, opened its first North American customization center...
  • Kubota Corp. has invested in Bloomfield Robotics Inc., a U.S. startup company...
  • Reinke Manufacturing announced Sept. 10 a $12 million investment in the modernization...
  • Vermeer has partnered with G.T. Bunning & Sons Ltd, a UK-based leader in manure spreader manufacturing...
  • Analysts with JP Morgan said they view the September WASDE report as “modestly positive...

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