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Kubota's New U.S. Factory Has 70% More Production Capacity Than Planned

October 21, 2022 | Posted in Ag Equipment Business

According to an Oct. 18 report from Nikkei Asia, the factory's scheduled production run of 5,000 units per year is a 70% increase from the originally forecast 3,000 units per year.

CNHI Reports 1Q20 Revenues Drop 15%; Ag Down 10%

May 6, 2020 | Posted in Earnings Reports

CNH Industrial reported on May 6 that its consolidated revenues for the first quarter 2020 ended March 31 were $5.5 billion, down 15% vs. the first quarter 2019. The company reported a net loss of $54 million compared to net income of $264 million for the same period last year.

Manitou Reports 4Q19 Revenues Down 6%, FY19 Sales Up 11% Year-Over-Year

February 3, 2020 | Posted in Earnings Reports

Manitou, manufacturer of equipment for agriculture, construction and other industries reported a 6% year-over-year decrease in sales during the fourth quarter of 2019 and an 11% increase in full year 2019 vs. 2018. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.

CNH Industrial’s 2018 Consolidated Sales Rise 7%; Ag Sales Up 9.4%

February 7, 2019 | Posted in Earnings Reports

CNH Industrial showed a strong year-over-year sales gain in 2018. The company reported consolidated revenues of $29.7 billion for the full year, up 7% compared to 2017. Net sales of Industrial Activities were $27.8 billion for the year, up 8% vs. 2017.

Deere Reports 36% 3Q Equipment Net Sales Gain; Ag Up 18%

August 17, 2018 | Posted in Earnings Reports

Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, 2018 compared with net income of $641.8 million for the quarter ended July 30, 2017.

Cervus Equipment to Sell 4 Alberta Construction Dealerships

February 27, 2018 | Posted in Mergers & Acquisitions

Go-forward strategy will focus on agriculture, transportation and material handling operations.

Chinese Tractor Maker, Lovol Arbos, Launches European Operations

August 1, 2017 | Posted in Mergers & Acquisitions

The most ambitious attempt yet by a Chinese manufacturer to enter mainstream Western tractor and machinery markets takes another step this fall when a subsidiary of Lovol Heavy Industries starts assembling tractors in Italy for sale in a number of European countries.

CNHI Sees 2018 Ag Pick Up; Not Pursuing M&A for CE

April 7, 2017 | Posted in Equipment & Equipment Sales

CNH Industrial expects replacement buying will give its ag business a boost next year. The company also reiterated that it’s not looking to off load its construction equipment segment any time soon.

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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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Items Tagged with 'construction equipment'

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