Despite a falloff in Canadian sales, U.S. and International markets helped bolster Ag Growth International’s (AGI) results during the second quarter 2020.
Ag Growth International, a manufacturer of grain handling and storage equipment for farms, reported that overall revenues for the first period of the year fell 1% year-over-year. Most of the falloff was the result of an 18% drop in international sales.
As civilizations became more industrialized and populations moved to cities, the need for a large scale storage and transportation infrastructure became necessary to feed the growing urban populations. This motivated the development of the modern storage and logistics technologies that are prevalent in today's agricultural industries from farm to fork.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.