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.
The timely acquisition of Quicke tractor loader manufacturer Ålö Holding last year – see Ag Equipment Intelligence online April 28, 2020 – cushioned new owner Jost group from the effects of a weak commercial vehicle market.
Revenue for the quarter was $64.6 million, up $4.8 million from the prior year second quarter, representing an 8% increase over the prior year and continuing the sales growth seen in the first quarter.
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In this week's episode we take a look at President Joe Biden's recent executive order that encourages the Federal Trade Commission to make rules related to Right to Repair. In the Technology Corner, Ben Thorpe discusses the results of the 8th Annual Strip-Till Operational Benchmark Study and what precision technology strip-tillers plan to invest in in 2021. Also in this episode: Art's Way's second quarter and first half earnings and Kubota's results in the latest EDA Dealer-Manufacturer Relations report.