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Ag Equipment Brand Strength in Germany — November 2022

April 15, 2023 | Posted in Ag Equipment Worldwide, Data & Trends

Every year, German farmers rate the awareness and brand strength of companies in the agricultural sector for 7 different areas as part of the DLG ImageBarometer.

Krone & Vermont Dealer Resolve Lawsuit

January 31, 2023 | Posted in Ag Equipment Business

Krone North America and Northeast Farm Sales and Service, a single-store Kioti and LS Tractor dealer based in Irasburg, Vt., recently resolved a lawsuit centered around alleged agreement violates, according to a Jan. 30 report from Foley & Lardner.

Ag Equipment Intelligence Lists

North American Manufacturer-Owned Ag Equipment Dealerships

April 18, 2022 | Posted in Dealers & Dealerships

The following list was created by Ag Equipment Intelligence editors to identify ag equipment dealerships in North America owned by ag equipment manufacturers.

[Technology Corner] Krone & Lemken’s Combined Powers Unit Automates Forage Harvesting, Tillage

March 24, 2022

Shortlines Krone and Lemken partnered to create an autonomous machine for forage harvesting and tillage. They’re calling it the Combined Powers autonomous process unit. The machine has a cabless diesel-electric drive unit capable of up to 170 kilowatts or 230 horsepower to pull various implements.

Krone Breaks Ground on New Logistics Center in Germany

March 14, 2022 | Posted in Ag Equipment Worldwide

Krone is constructing a state-of-the-art parts warehouse with a logistics center and offices on approximately 20 acres on the south entrance to Spelle. The new Krone Parts and Logistics Center is expected to be operational by the end of 2023 at a cost of around 40 million euros.

10-Year Picture Includes 11% Increase in Krone’s Ag Division in Just-Completed Fiscal Year

February 15, 2022 | Posted in Earnings Reports

In mid-January, Spelle, Germany-based Krone reported its 2020-21 fiscal year results. Ag Equipment Intelligence has been charting Krone’s financial data performance for more than 10 years, as summarized below.

Krone Lifts Turnover & Profits Despite Covid Costs

January 14, 2022 | Posted in Earnings Reports

Despite an estimated €10 million ($11 million) hit from Covid-related expenses over the past two years, the Krone Group’s transportation and agricultural equipment businesses secured increased profits on the back of higher turnover in its 2020-21 financial year.

Fendt Named Top Ag Equipment Brand Among German Farmers in 2020

April 15, 2021 | Posted in Data & Trends

Fendt remained German farmers’ favorite ag equipment brand in 2020, according to an annual survey from the German Agricultural Society (DLG).

Krone_Agricultural_Division_Sales_—_2015-20.jpg

Krone Forage Equipment Sales Continue to Grow

March 15, 2021 | Posted in Earnings Reports

Agricultural equipment sales at Krone continued an upward trajectory for the sixth year in the group’s 2019-20 financial period as its world-wide market share grew.

Krone Tests ‘Pay by the Hour for Power’ Concept

February 21, 2020 | Posted in Ag Equipment Worldwide

Electronic engine power management and telematics over-the-air data exchange technologies have led Krone to develop a new concept — the ability for farmers and custom operators to buy additional power for their forage harvester by the hour.

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Deere Production Could be Down 10-15% Next Year

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.

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