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Cervus Equipment Announces New John Deere Dealership in Alberta

February 9, 2021 | Posted in Dealers & Dealerships

Cervus Equipment will be combining its Red Deer and Olds John Deere dealership locations into a new 44,000 square foot facility that will be built near Penhold, Alta. The new facility is anticipated to be in service in early 2022.

Claas Dealership GJ’s Farm Equipment Announces Name Change and Facility Expansion in Ontario

August 19, 2020 | Posted in Dealers & Dealerships

Claas dealership GJ’s Farm Equipment has announced several changes to their southwest Ontario location. The full service dealership will be changing their name to “GJ’s Harvest Centre Inc.” and will expand their Claas business focus.

Cervus Equipment 2Q20 Ag Sales Up 17%

August 15, 2020 | Posted in Earnings Reports

Cervus Equipment Corp., the largest retailer of John Deere farm machinery in western Canada, posted a 4% increase in consolidated revenue in the second quarter 2020.

Rocky Mountain Dealerships Posts 10% Sales Increase in 2Q20

July 29, 2020 | Posted in Earnings Reports

Improving sales of used ag equipment for the period ended June 30, 2020, helped push Rocky Mountain Dealerships (RME) to a year-over-year gain of 9.9%, according to the company. Based in Calgary, Alb., RME is Case IH’s largest Canadian dealership group.

Expanded Territories Bolster BayWa’s Dealership Group Revenues

April 15, 2020 | Posted in Dealers & Dealerships

Despite an anticipated drop in new tractor sales last year, BayWa’s agricultural equipment business unit exceeded managers’ expectations by posting an increase in revenues. Much of the growth resulted from Claas’ announcement of a territory expansion into southern Alberta for the unit’s Canadian dealership.

Dealership Groups Produced Mixed Results in Latest Earnings Reports

December 16, 2019 | Posted in Earnings Reports

While U.S.-based Titan Machinery reported a 2% uptick in ag equipment sales in its most recent reporting period, the third quarter wasn’t so kind to Canadian dealers Cervus Equipment and Rocky Mountain Dealerships.

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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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