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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: March 2024

  • A Feb. 28 report from World Construction Network said Kubota had filed a patent for an audio signaling system for automated machines...
  • CNH Industrial announced March 4 a strategic alliance with Telecom Argentina to bring 4G connectivity and digital services...
  • John Deere reported that changing a 620 horsepower 9R tractor to a fully electric version would mean adding almost 60 batteries...
  • Chevron Corp. subsidiary Chevron Renewable Energy Group Inc. will close 2 U.S. biodiesel production plants amid market challenges...
  • Unverferth Manufacturing is looking to hire 45-55 additional people to support increased demand and diversification...
  • Kubota is considering making its own batteries for its ag equipment...
  • Drone, sensors and software solutions provider AgEagle Aerial Systems Inc. announced on March 7 the appointment of retired U.S. Army Major General...
  • In its March 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn...
  • VDMA reported German tractor registrations up 2% year-over-year in February (up 1% year-to-date)...
  • CEMA’s general business climate index decreased to a reading of –55 in the March survey vs. –52 last month...    

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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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