Despite the collapse of Russia’s economy last year, which took its booming ag industry with it, farm equipment manufacturers are hustling to stake their claim in this enormous, and largely behind-the-times, market.
Fiat Industrial SpA's (FI.MI) chairman plans to simplify the company's share structure in a couple of years and could move its headquarters and stock listing to the United States, according to an analyst report published Monday.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, PFG America CEO Daniel Cook discusses the company's goals for expanding Deutz-Fahr's North American presence. In the Technology Corner, Noah Newman hits the technology highlights of the 2024 National Farm Machinery Show. Also in this episode, CNH Industrial reports $18.1 billion in 2023 ag sales, fewer dealers plan to build brand new dealerships and Deere dealers' inventory levels are rising.