For the first time in three years, the gap between Ag equipment dealers' and manufacturers' opinions on equipment inventory levels has significantly narrowed.
The Equipment Dealers Assn. (EDA) in May released the results of its 2018 Dealer-Manufacturer Relations Survey. EDA conducts the survey annually, in which dealers rate the manufacturers whose products they carry in-store.
Diesel power manufacturer Perkins Engines is re-aligning its North American distribution network with the appointment of Clarke Powered Solutions to service the Midwest and Northeast U.S.
After 3 difficult years, a clear recovery has taken hold in the markets served by Kuhn, the largest business unit of the Swiss engineering group Bucher Industries.
Over the last year or so there’s been a flurry of merger and acquisition activity among equipment manufacturers, particularly when it comes to shortline or specialty equipment.
Product assembly is now underway at the new Mapleton, N.D., facility of Horsch LLC, the North American joint venture of the major European tillage and seeding equipment manufacturer.
During its pitch to potential investors September 26-30, executives of the newly formed CNH Industrial said the long-term focus of the merged CNH Global and Fiat Industrial group is “Stable, value maximizing capital structure with shareholder friendly distribution policy.”
Harvesting machinery specialist Claas is planning a significant expansion of its business in China by securing a majority takeover of an agricultural machinery manufacturer in the country, subject to obtaining approval from the national authorities, among others.
JP Morgan analyst Ann Duignan says that investors are wrestling with whether 2011 represents the peak of the ag equipment cycle, given that cash receipts could be at peak levels and farmers can take advantage of 100% accelerated depreciation.
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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.