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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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AEI Newsmakers: May 2024

May 15, 2024 | Posted in Ag Equipment Business
  • Autonomous vehicle and data solutions supplier Cyngn announced April 23...
  • Around 200 unionized workers at Alamo Group subsidiary Gradall Industries, located in New Philadelphia, Ohio...
  • A John Deere dealer executive said the last time they heard about the Volocopter drone collaboration...
  • John Deere has laid off 34 employees at its Cylinder Works facility in Moline, Ill., according to a May 6 report...
  • 30-store John Deere dealer Greenway Equipment announced May 1 the appointment...
  • Tillage blade and cultivation equipment manufacturer Osmundson Manufacturing Co. announced...
  • German implement manufacturer Amazone announced April 23 that it will...
  • CNH Industrial plans to lay off more than 200 out of the 660 workers at its Racine, Wis., facility...
  • In its Mary 10 WASDE report update, USDA’s 2023-24 ending stocks are estimated...
    In a note to investors, J.P. Morgan analysts said, “We view today’s report as incrementally...
  • VDMA reported German tractor registrations were up 16% year-over-year in April...

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