The UK agricultural machinery sector has experienced an unprecedented level of lead franchise changes in 2020, driven largely by John Deere’s dealer scale ambitions but also a revised policy for AGCO’s multi-brand distribution.
Cazenovia Equipment has announced it will be opening a new location in Fulton, N.Y. in early fall of 2020. Because Cazenovia Equipment is merging its Sandy Creek and Watertown locations, the new Fulton store will offer customers of Oswego and Onondaga counties continuity of service.
Godfrey Bros., a single store John Deere dealership in Jonesville, Mich., announced that it was acquired by GreenMark Equipment on Sept. 1. GreenMark now has 16 locations throughout Southwestern Michigan and Northwestern Indiana.
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In this week's episode, Titan Machinery released its first quarter earnings for fiscal year 2022, with all segments reporting growth except for the rental and other division. This week's Dealers on the Move include Torgerson's, Hutson Inc. and Atlantic Tractor. Associate Research Editor Ben Thorpe takes a look at Deere's second quarter earnings and on the battle for market share between Deere and AGCO's Fendt brand. Also in this episode, a closer look at the used high horsepower tractor market and Kubota's first quarter results.