Linamar Corp., an advanced manufacturing company based in Ontario, has been building up its ag equipment portfolio in the last 5 years through acquisitions.
In the latest installment to its ongoing “LISTS” series, Ag Equipment Intelligence has compiled a list of all the publicly announced acquisitions and investments major line manufacturers made in 2021.
Titan Machinery decreased its equipment inventory by $15 million to $323 million through the first 9 months (Oct. 31, 2021) of fiscal year 2022 compared to $338 million as of Jan. 31, 2021.
Even in a challenging ag economy, dealerships are looking for opportunities which can strengthen the business for the future. Acquisitions and consolidation have long been a part of the farm equipment industry. But collaborations and partnerships, especially on the precision farming side, could be key in further developing this side of the business for dealers.
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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.