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Top Ag Companies that Participated in SBA’s Paycheck Protection Program

May 15, 2022 | Posted in Data & Trends

According to the Small Business Administration’s Paycheck Protection Program (PPP), 3,185 businesses in the “Farm and Garden Machinery and Equipment Merchant Wholesalers” (NAICS classification 423820) received a total of $637.77 million in 2020 PPP loans from the U.S. Small Business Administration.

Krone Lifts Turnover & Profits Despite Covid Costs

January 14, 2022 | Posted in Earnings Reports

Despite an estimated €10 million ($11 million) hit from Covid-related expenses over the past two years, the Krone Group’s transportation and agricultural equipment businesses secured increased profits on the back of higher turnover in its 2020-21 financial year.

Agritechnica 2022 Officially Canceled

December 13, 2021 | Posted in Ag Equipment Worldwide

In view of the current national and global developments in conjunction with the corona pandemic, the DLG (German Agricultural Society) as organizer, the VDMA Agricultural Machinery Association and Agritechnica’s exhibitor advisory board have jointly concluded that the conditions required for hosting the world’s leading agricultural machinery exhibition are no longer fulfilled.

Agritechnica 2022 Reportedly in Doubt

December 10, 2021 | Posted in Ag Equipment Worldwide

In an email from an unnamed source at a multinational ag equipment manufacturer, Farm Equipment/Ag Equipment Intelligence editors were made aware that Agritechnica staff is discussing the potential cancellation of the show with large exhibitors.

Brazil’s Farmers Return to First Farm Show After the Pandemic

October 15, 2021 | Posted in Ag Equipment Worldwide

In September, Expointer, the farm show that claims to be the largest outdoor ag fair in Latin America, was the first big agricultural event held in Brazil since the pandemic started.

Mahindra to Pay for Indian Dealership Employee COVID-19 Vaccines, Medical Insurance

May 25, 2021 | Posted in Ag Equipment Worldwide

According to various reports, Mahindra has announced, in a letter to dealers, various measures to protect manufacturing and dealership employees from a new wave of COVID-19 in India.

Amazone Shrugs Off Covid-19 to Net Record Revenues

May 20, 2021 | Posted in Earnings Reports

The German manufacturer of Amazone agricultural and groundscare equipment shrugged of the coronavirus challenges to set a new record turnover for the 138-years old company.

Covid-19 Impact Accelerates SDF Group’s Digitalization Program

May 20, 2021 | Posted in Earnings Reports

During an exceptionally busy year for SDF Group, a voluntary shut-down of the Treviglio headquarters factory in northern Italy and extensive re-organization to protect staff from Covid-19 infection spurred the business into accelerating its wide-ranging digitalization program.

AGCO Halts Production in Germany Following Supplychain Issues

April 23, 2021 | Posted in Ag Equipment Worldwide

AGCO/Fendt is suspending production at its Marktoberdorf and Asbach-Bäumenheim, Germany, sites for seven working days starting April 22, 2021.

Are You Concerned the Semiconductor Shortage Could Cause Additional Inventory Challenges?

April 15, 2021 | Posted in Ag Equipment Business

The semiconductor shortage, which was brought on by increased demand and a disruption to steady supply chains brought on by the COVID-19 pandemic, have slowed automobile manufacturing, with both General Motors and Ford announcing recently they will temporarily shut down several factories in North America as a result.

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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 'COVID-19'

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