Through the first 9 months of the year, domestic revenue increased 1.8%, to $3.72 billion. Kubota says this the result of increased revenue in Farm & Industrial Machinery, which compensated for lower revenue in Water & Environment.
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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.