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AEI Newsmakers: November 2024

November 15, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

Germany’s Machinery and Equipment Manufacturers Assn. (VDMA) reported German tractor registrations down 7%...
In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down 19%...
Ag Express Electronics, a provider of electronic repair and manufacturing services, announced on Nov. 7 a strategic partnership...
Craig Harthoorn, president of the Oxbo Forage Division in Marshfield, Wis., was elected president of the Board of Directors...
Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its 3Q revenue was up 38.6%...
Mississippi State Univ. is partnering with John Deere through a master research agreement, establishing a framework...
Scott Miller announced via LinkedIn that he had rescinded his acceptance of the CEO position...

Buhler Reports 16% Increase in 2Q Revenue

August 21, 2024 | Posted in Earnings Reports

Revenue for the first six months of 2024 was $149.4 up $25.8 from 2023.

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Buhler Industries Reports $126 Million in 2023 U.S. Sales, Looks at Introducing ASKO Products

April 15, 2024 | Posted in Earnings Reports

In its annual report filed March 28, Buhler Industries, which manufacturers the Versatile and Farm King brands of farm equipment, reported C$239 million in annual revenue, down 0.6% year-over-year.

Versatile Finds New Opportunities in ASKO Holdings, Shakes Off Former Owner Issues

January 15, 2024 | Posted in Mergers & Acquisitions

On Dec. 20, Buhler Industries, which manufactures the Versatile and Farm King equipment lines, announced it would be acquired by Turkish ag equipment manufacturer Başak Traktör.

ASKO Holding to Acquire 97% of the Common Shares of Buhler Industries

December 20, 2023 | Posted in Mergers & Acquisitions

The shares to be acquired represent approximately 97% of all of the outstanding shares.

Buhler Industries Reports $179 Million in 2022 Revenue

April 3, 2023 | Posted in Earnings Reports

Buhler Industries' revenue for the year was $178.8 million, down $57.6 million from sales of $236.4 million in 2021.

Buhler Industries Condemns Russian Federation Invasion of Ukraine

February 24, 2022 | Posted in Ag Equipment Worldwide

Buhler Industries Inc. (TSX: BUI) is strongly opposed to this action and does not condone this attack. The Executive team of Buhler Industries is united in the condemnation of the actions taken by the Russian Federation.

Buhler Reports Revenue Down 8.5% in 4Q21

November 19, 2021 | Posted in Earnings Reports

Buhler Industries, which manufactures the Versatile and Farm King brands of equipment, reported 2021 fourth quarter revenue of $46 million, down 8.5% from $51 million in the fourth quarter of 2020.

Buhler to Move Minnesota Plant's Production to Canada

November 20, 2020 | Posted in Ag Equipment Business

According to a report from West Central Tribune, Buhler Industries, manufacturer of the Farm King line of equipment, has announced it will move production from its plant in Willmar, Minn. to Morden in Manitoba, with production in Willmar slated to end in early 2021.

Buhler 3Q20 Revenues Up 19.5%

August 15, 2020 | Posted in Earnings Reports

Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its third quarter revenues were up more than 19% to nearly C$77 million.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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