Items Tagged with 'J.P. Morgan'

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AEI Newsmakers: April 2024

  • Fossil-free steel manufacturer SSAB announced April 10 that John Deere Forestry Oy will replace some of the steel...
  • Same Deutz-Fahr announced March 6 it has opened a sales branch in Santiago de Querétaro, Mexico...
  • The U.S. Department of Energy announced March 14 a conditional commitment to Lithium Americas Corp’s subsidiary, Lithium Nevada Corp., for a $2.26 billion loan...
  • Pricing lifecycle management company Zilliant announced a strategic relationship with AGCO...
  • Tire manufacturers Mitas and Trelleborg announced April 12 that, effective May 2024, they will increase global prices by up to 5%...
  • The Federal Aviation Administration recently granted Texas-based drone builder Hylio a regulatory exemption that will allow it to swarm its heavy-lift drones...
  • CEMA’s general business climate index decreased to a reading of –57 in the April survey vs. –55 last month... 
  • VDMA reported German tractor registrations down 2% year-over-year in March (flattish year-over-year in Q1)...
  • Effective April 1, José Cuadrado has been appointed global chief executive officer at Yanmar Compact Equipment...
  • In its March 11 WASDE report update, USDA’s 2023-24 ending stocks are estimated at 2.122 billion bushels of corn...

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AEI Newsmakers: February 2024

  • Wisconsin Battery Co. announced in December the acquisition of 17 acres in Portage, Wis...
  • The Milwaukee Business Journal published a list of the largest nonprofits in the state of Wisconsin on Feb. 9. The Assn. of Equipment Manufacturers (AEM) topped the list in annual revenues of $35.7 million...
  • AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, and the company brought back the first group of employees returning from furlough in the first week of January...
  • In its Feb. 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn (vs. consensus 2.149 billion bushels)...
  • The prospects of interest-rate cuts were clouded by a Feb. 13 Federal Reserve report that inflation remained higher than expected...
  • Hay and forage equipment manufacturer H&S Manufacturing announced the closure of its Clintonville, Wis., facility, ...
  • Canadian seeding technology manufacturer Clean Seed Capital Group Ltd. announced Feb. 7 the signing of a technology license...
  • VDMA reported German tractor registrations down 1% year-over-year in January. Registrations in the 100+ horsepower category were down 4%...
  • CEMA’s general business climate index decreased to -52 in the February survey vs. -50 last month...

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AEI Newsmakers: October 2023

  • VDMA reported German tractor registrations down 13% year-over-year in September (up 2% year-to-date).
  • Sarah Porter and Kathryn Sorensen demystified water concerns in Arizona in their Oct. 7 Wall Street Journal article.
  • Indian tractor manufacturer VST Tillers Tractors is looking for more collaborations with manufacturers.
  • According to a recent report from Horsch’s customer magazine terraHORSCH, China accounts for 18% of the world’s population but only 9% of global arable land.
  • LS Mtron recently announced its Land Solution partnership with Korean ag equipment manufacturer Woongjin Machinery.
  • According to CEMA, an industry trade association, the general business climate index for the European ag equipment industry has again fallen month-over-month.
  • In its Oct. 12 WASDE report, USDA reported a 2023-24 U.S. corn outlook of reduced supplies.
  • CNH Industrial announced Oct. 12 it had completed its acquisition of satellite positioning technology provider Hemisphere GNSS

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AEI Newsmakers: July 2023

  • The USDA WASDE report showed 2023-24 ending stock estimates for U.S. new crops above consensus.
  • AGI SureTrack successfully defeated patent challenges brought by Farmers Edge.
  • CEMA said the general business climate index for the European ag equipment industry has deteriorated.
  • Burro has partnered with Pacific Ag Rentals (PAR) to add Burro agricultural robots to PAR’s pool of equipment.
  • AGvisorPRO has expanded its partnership with Case IH dealership Young’s Equipment.
  • CNH Industrial told Barron’s in a June 27 report that it has recently hired 500 engineers from several automakers.
  • Guardian Agriculture announced a Series A fundraiser of $20 million.
  • Horsch introduced its autonomous planter concept at the Bahia Farm Show.

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AEI Newsmakers: April 2023

  • Tarter Farm and Ranch Equipment Acquired by Platinum Equity, Partners with Yanmar
  • CNHI Looking for ‘1 or 2 Transformational Investments’
  • Nokian Tyres Sells Russian Operations
  • Mahindra Acquires Orchard Sprayer Manufacturer, Launches New Tractor Brand
  • USDA WASDE: Corn Imports Down, Soybeans Unchanged
  • California Lifts Drought Limits
  • CEMA Business Climate Index Down in April

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AEI Newsmakers: Mar. 2023

  • Kubota to Explore Right to Repair MOU with Farm Bureau
  • Caterpillar & UAW Reach Tentative Labor Agreement
  • John Deere Sells Russian Financial Branch
  • CNHI Acquires Augmenta, Majority Stake in Bennamann
  • John Deere Targets Laid Off Tech Employees
  • Tractor Registrations Up in Germany, Down in UK in February

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