One of the world’s leading suppliers in the ag machinery industry, Ålö is making a significant investment in supporting its U.S. customer base by adding state-of-the-art facilities.
North American ag equipment sales were up 1% year-over-year in May following 17% growth in April and flat growth in March. U.S. sales increased were up 5% year-over-year (combines down 13%, 4WD tractors up 2%, row crop tractors up 9%).
Despite mixed fortunes for agriculture in different parts of the world, the Kuhn Group recorded a 12% gain in net sales during the 2018 financial year ended December.
AGCO Corp. cited "EPA compliance and diminishing volumes resulting in an ever-changing industry landscape" when it announced it would discontinue production of its SpraCoupe compact, self-propelled sprayers for the North American market in 2013.
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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.