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Articles Tagged with ''AGCO''

Full-Line Manufacturers See Improved Product Availability, Response Scores from Dealers

July 17, 2023 | Posted in Ag Equipment Worldwide

According to the North American Equipment Dealers Assn. (NAEDA) 2023 Dealer-Manufacturer Relations survey, full-line manufacturers have improved their scores in both product availability and response to dealer concerns.

AGCO’s Precision Revenue Goals Will Require More Dealers & SaaS Models

June 15, 2023 | Posted in Analysis & Commentary

AGCO’s current network of 650 dealers won’t be enough to reach its $1 billion precision revenue goal for 2025, according to a May 22 note from J.P. Morgan analysts.

AEI Newsmakers: May 2023

May 15, 2023 | Posted in Dealers & Dealerships, Mergers & Acquisitions

AGCO Announces Capital Investment Project at Beloit & Cawker City Facilities in Kansas
Yokohama Rubber Acquires Trelleborg Wheel Systems
ExxonMobil Boosts Refining Capacity by 250,000 Barrels Per Day
Chile to Nationalize Lithium Industry
Maschio Gaspardo to Set Up Distribution Company in U.K.
AGCO & Hexagon to Expand Distribution of Hexagon’s Ag Guidance Systems

South American News: May 2023

May 15, 2023 | Posted in Ag Equipment Worldwide, Dealers & Dealerships, Mergers & Acquisitions

Read this month's South American News stories:

AGCO to Expand Production Capacity in Brazil
SLC Maquinas Buys 9 John Deere Dealerships in Brazil
Vamos Group Purchases 6 Valtra Dealerships
Horsch Inaugurates Factory in Brazil
John Deere Improves Market Share in Argentinian Market

Dealer M&A Activity Over Last 30 Days

May 15, 2023 | Posted in Dealers & Dealerships

4Rivers Equipment’s ag division and 21st Century Equipment announced their merger, effective June 12, to create a 26-store organization serving western Nebraska, eastern Colorado and southeastern Wyoming.
Mechan International acquired Caterpillar dealer Toromont’s subsidiary AgWest Ltd. (AGCO) with 6 locations in Manitoba, Canada.
H&R Agri-Power (Case IH) acquired Kubota of McMinnville located in McMinnville, Tenn.
Atlantic & Southern Equipment (AGCO) acquired C&R Implement Co. in Williamston, N.C.
La Porte Farm Equipment in Westfield, N.Y. was purchased and renamed Westfield Ag & Turf (Case IH).

AGCO Reports Strong Q1 2023, High Demand for Large Ag Equipment

May 15, 2023

In reporting its results for the first quarter ended March 31, 2023, AGCO said strong product demand has resulted in an elevated number of orders that could result in a 3-5% increase in production hours for 2023.

Deere’s Population of 20-Store Dealers Has Doubled Since 2019

May 15, 2023

All of John Deere’s categories of “big dealers” have declined over the last 5 years, aside from its 20+ location dealership groups, according to the 2023 Big Dealer report.

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[Technology Corner] The Future of On-Farm Data Collection

May 12, 2023

Ag Equipment Intelligence Contributor Dan Crummett recently caught up with AGCO application product specialist Joe Dimler for a deep dive into the significance of the company’s smart spraying collaboration with Bosch BASF. Dimler said the company has a roadmap to expand the technology’s data collection abilities a few years down the line to include plant health, population stands, fungus detection and pest detection.

On the Record Podcast

[Podcast] CNH Industrial & AGuru Partnership Reflects Growing Importance of Strip-Till

By Ben Thorpe posted on May 12, 2023 | Posted in Data & Trends

In this podcast we examine the CNH Industrial's recently announced partnership with AGuru Machinery and how it reflects on the state of the strip-till equipment market. In the Technology Corner, we take a look at the future of AGCO and Bosch BASF's smart spraying partnership. Also in this episode: CNH Industrial's dealer inventory levels, Colorado Right to Repair concerns and corn fertilizer expenses.

On the Record

CNH Industrial & AGuru Partnership Reflects Growing Importance of Strip-Till

By Ben Thorpe posted on May 12, 2023

In this episode of On The Record, we examine the CNH Industrial's recently announced partnership with AGuru Machinery and how it reflects on the state of the strip-till equipment market. In the Technology Corner, we take a look at the future of AGCO and Bosch BASF's smart spraying partnership. Also in this episode: CNH Industrial's dealer inventory levels, Colorado Right to Repair concerns and corn fertilizer expenses. This episode of On The Record is brought to you by Agrisolutions.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

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

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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