Two family-owned, full-service John Deere dealer groups headquartered in Mexico, Mo., and Waterloo, Ill., announced plans to merge their businesses today. Sydenstricker Implement Co. and Wm. Nobbe & Co. have partnered to form Sydenstricker-Nobbe Partners and anticipate officially beginning joint operation of 26 Missouri and Illinois dealerships in January 2020.
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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.