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Articles Tagged with ''AGI''

AGI Reports 5% Improvement in 2023 Revenues

March 15, 2024 | Posted in Earnings Reports

2023 marked the fourth straight record year for Ag Growth International (AGI). The Canadian shortline manufacturer reported its fourth quarter and year-end results on March 5.

News Release

AGI Announces Fourth Quarter & Annual Results

March 6, 2024 | Posted in Ag Equipment Business

Ag Growth International announces fourth quarter results and 2024 outlook, which forecasts an adjusted EBITDA of $310 million.

Ag Growth International Reports $297 Million in 3Q23 Revenue

November 8, 2023 | Posted in Earnings Reports

Third quarter revenue of $297.2 million increased by 2% on a year-over-year basis.

AGI Appoints New Executive Vice President of Global Operations

October 9, 2023 | Posted in Ag Equipment People

Kate joins AGI from Henkel AG & Co., where she held the role of Corporate Vice President, Adhesive Electronic Industrials leading a global team responsible for delivering P&L results.

AEI Newsmakers: July 2023

July 17, 2023 | Posted in Dealers & Dealerships

The USDA WASDE report showed 2023-24 ending stock estimates for U.S. new crops above consensus.
AGI SureTrack successfully defeated patent challenges brought by Farmers Edge.
CEMA said the general business climate index for the European ag equipment industry has deteriorated.
Burro has partnered with Pacific Ag Rentals (PAR) to add Burro agricultural robots to PAR’s pool of equipment.
AGvisorPRO has expanded its partnership with Case IH dealership Young’s Equipment.
CNH Industrial told Barron’s in a June 27 report that it has recently hired 500 engineers from several automakers.
Guardian Agriculture announced a Series A fundraiser of $20 million.
Horsch introduced its autonomous planter concept at the Bahia Farm Show.

Ag Growth International Reports $256.9 Million in 1Q23 Revenue

May 18, 2023 | Posted in Earnings Reports

Order book is up 7% year-over-year as of March 31, 2023, supporting the prospect of continued growth through 2023

AGI Reports $1.1 Billion in 2022 Sales

March 9, 2023 | Posted in Earnings Reports

This was AGI's third consecutive year of record sales and adjusted EBITDA results with growth largely attributable to organic growth efforts and initiatives.

AGI Partners with Philippines Farm Equipment Dealer

December 19, 2022 | Posted in Ag Equipment Worldwide

Ag Growth International Inc. today announced a new distribution partnership with Ada Manufacturing Corporation (ADAMCO), the largest dealer of farm machinery across the Philippines with over 30 branches and outlets. ADAMCO will begin representing AGI’s extensive and successful line of rice milling equipment.

Ag Growth International Sales Up 28% in 3Q22

November 10, 2022 | Posted in Earnings Reports

“Our all-time record quarterly results for sales and Adjusted EBITDA continue to highlight the strength and growth of AGI,” commented Paul Householder, President and CEO of AGI.

AEI Newsmakers: Oct. 2022

October 14, 2022 | Posted in Ag Equipment Business

Tractor Zoom Announces $5 Million in Series A Funding
USDA WASDE Report: Lower Corn & Soybean Production
AGI Announces CEO Leadership Transition
Caterpillar Announces Battery-Powered Wheel Loader Prototypes
Volvo Penta & CMB.TECH Partner on Dual-Fuel Hydrogen Engines

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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