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Briggs & Stratton Reduces Manufacturing Amid COVID-19 Spread

April 3, 2020 | Posted in Ag Equipment Business

In response to the spread of COVID-19, uncertain economic conditions resulting in reduced demand and potential constraints on its supply chain, the company is reducing manufacturing activity at several of its manufacturing facilities and has temporarily shut down others.

Kubota to Close Both Georgia Manufacturing Plants

April 1, 2020 | Posted in Ag Equipment Business

Source: Global Atlanta

According to a report from Global Atlanta, Kubota has closed its two manufacturing plants in Georgia through April 13, located in Gainesville and Jefferson. The plants will be disinfected following 3 of Kubota's employees being diagnosed with COVID-19.

CARES Act Offers Ag Dealers, Manufacturers Help

April 1, 2020 | Posted in Ag Equipment Business

On March 27, President Donald Trump signed a $2.2 trillion economic rescue package into law to support businesses, rush resources to overburdened health care providers and to help struggling families during the new coronavirus pandemic.

CNHI Withdraws 2020 Financial Outlook, Closes Majority of North & South America Manufacturing

March 30, 2020 | Posted in Ag Equipment Business

CNHI has announced the withdrawal of its financial outlook for 2020 presented on Feb. 7, 2020. In addition, the company is suspending the majority of its manufacturing operations in North and South America for a two-week period, starting March 30.

CNHI Enacts Temporary Layoffs at Burlington, Iowa, Plant

March 30, 2020 | Posted in Ag Equipment Business

According to a report from The Hawk Eye, employees at a CNH Industrial plant in Burlington, Iowa have been temporarily laid off, possibly for as long as 4 weeks. The plant's three production lines will return as staggered lines over the next 2-4 weeks.

CNHI to Possibly Delay Iveco, FPT Industrial Spin-Off Following COVID-19 Outbreak

March 30, 2020 | Posted in Ag Equipment Business

Source: Reuters

According to a report from Reuters, CNH Industrial may have to extend its timeline on the Iveco, FPT Industrial spin-off it announced last September.

Real GDP Estimated Increase Remains at 2.1%

March 29, 2020 | Posted in Ag Equipment Business

Real gross domestic product (GDP) increased at an annual rate of 2.1% in the fourth quarter of 2019, according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP also increased 2.1%.

Alamo Group to Close Several Manufacturing Sites Following COVID-19 Disruptions

March 27, 2020 | Posted in Ag Equipment Business

Alamo Group has announced several of its manufacturing operations are either temporarily closed or reducing their level of production due to repercussions from the COVID-19 pandemic.

VP Mike Pence Joins AEM Board to Address COVID-19, Deal Reached on 'Phase Three' COVID-19 Legislation

March 26, 2020 | Posted in Ag Equipment Business

Congressional negotiators have reached a bipartisan agreement on a nearly $2 trillion emergency relief package, in response to the COVID-19 pandemic. AEM staff has provided an initial overview of key appropriations provisions that impact equipment manufacturers.

Titan International to Keep U.S. Plants Operating

March 23, 2020 | Posted in Ag Equipment Business

Titan International, manufacturer of Titan Tires, Titan Wheels and Goodyear Farm Tires, has announced it will keep its U.S. manufacturing facilities operating as normal in order to support the food and agriculture industry, which the federal government has deemed critical to the nation’s response to the coronavirus pandemic.

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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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Ag Equipment Business
RSS

Briggs & Stratton Reduces Manufacturing Amid COVID-19 Spread

Kubota to Close Both Georgia Manufacturing Plants

CARES Act Offers Ag Dealers, Manufacturers Help

CNHI Withdraws 2020 Financial Outlook, Closes Majority of North & South America Manufacturing

CNHI Enacts Temporary Layoffs at Burlington, Iowa, Plant

CNHI to Possibly Delay Iveco, FPT Industrial Spin-Off Following COVID-19 Outbreak

Real GDP Estimated Increase Remains at 2.1%

Alamo Group to Close Several Manufacturing Sites Following COVID-19 Disruptions

VP Mike Pence Joins AEM Board to Address COVID-19, Deal Reached on 'Phase Three' COVID-19 Legislation

Titan International to Keep U.S. Plants Operating

Get all things Ag Equipment Intelligence all the time!

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Ag Equipment Intelligence

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

Must Read Free Eguides

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

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