Titan International is heavily leveraged to the North American agricultural machinery industry with an estimated 70% of its 2011 sales derived from farm equipment.
Farm equipment maker AGCO Corp. likes small, USD 50-USD 100 million acquisitions, and may spend about USD 200 million on deals this year, its CEO said.
On April 8, AGCO announced that it’s expanding its retail agreement with the Rural King store chain to include Massey Ferguson sub-compact, compact and utility tractors.
As a relative newcomer to the American farm equipment scene, Reichhardt Electronic Innovations general manager Jayme Paquin has been busy signing up dealerships for products such as its Ultra Guidance PSR ISO-compatible automatic steering system.
AgraTurf Equipment Services and Elmira Farm Service, two John Deere dealers in Southern Ontario, announced they have agreed to merge into a new dealership, Premier Equipment, effective May 2, 2011.
Late last month, Samuel Allen, chairman and CEO of Deere and Co., told shareholders that he wants the company to deliver three times as much profit at normal operating volumes as part of his John Deere Strategy.
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.