S3 Group, a manufacturer of farm equipment based in Saskatchewan, is preparing to open a production facility in Medicine Hat, Alta., with the goal of bringing domestic ag production back to Canada.
“Our strong results in the fourth quarter contributed to a record year for 2021 with broad-based strength in Farm, AGI Digital, EMEA, India and AGI Food. We see strong growth opportunities across all of our segments as demand for global food infrastructure remains robust," said AGI President and CEO Tim Close.
Ag Growth International (AGI) announced that it has acquired Intellifarms, according to reports. Intellifarms provides technology-based products (hardware and software) for monitoring grain conditions in storage for growers and grain processors.
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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.