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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

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

AGI Announces CEO Leadership Transition

September 23, 2022 | Posted in Ag Equipment People

Ag Growth International Inc. today announced that Tim Close has stepped down as president and chief executive officer and resigned as a director of AGI to pursue other opportunities.

AGI Second Quarter Revenue Rises 29% to $390 Million

August 11, 2022 | Posted in Earnings Reports

Record results were supported by strength across nearly all segments and geographies as the company expanded margins despite supply chain issues, regional disruption in Europe, Middle East and Africa and continued cost inflation pressure.

AGI Reports 2021 Sales Up 20% to $1.2 Billion

March 10, 2022 | Posted in Earnings Reports

“Our strong results in the fourth quarter contributed to a record year for 2021 with broad-based strength in Farm, AGI Digital, EMEA, India and AGI Food. We see strong growth opportunities across all of our segments as demand for global food infrastructure remains robust," said AGI President and CEO Tim Close.

AGI Reports 3Q21 Sales Up 11%

November 11, 2021 | Posted in Earnings Reports

Strong demand for AGI’s products across most regions resulted in consolidated trade sales increasing 11% year-over-year for the three-months ended Sept, 30, 2021.

AGI Appoints Farmobile Co-Founder as New SureTrack Leader

July 8, 2021 | Posted in Ag Equipment People

Ag Growth International has announced Jason Tatge as the new senior vice president of AGI SureTrack.

AGI Partners With Software Provider Bushel To Advance SureTrack Offering

May 26, 2021 | Posted in Ag Equipment Business

Headquartered in Fargo, N.D., Bushel is a provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies.

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69% of Ag OEMs Say Supply Chain Issues are Improving

In this episode of On the Record, we look at a recent AEM survey that found the majority of ag equipment manufacturers reported improving supply chain issues. In the Technology Corner, Noah Newman looks at Leaftech Ag's new handheld tissue analysis tool. Also in this episode, CNH Industrial's latest acquisitions and Titan Machinery's fiscal year 2023 earnings.

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