Items Tagged with 'South America'

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South American News: March 2024

March 15, 2024 | Posted in Ag Equipment Worldwide, Dealers & Dealerships

Argentina’s Akron Aims to Strengthen Presence in North America
John Deere Announces Layoffs in Brazilian Unit
Argentina’s Plantium Invests $2.2 million
Crucianelli Enters ‘Smart Spraying’ Business

Kuhn Group Reports Net Sales Down 6% in 2023

March 15, 2024 | Posted in Data & Trends, Earnings Reports

Kuhn Group’s parent company, Bucher Industries, reported net sales for Kuhn Group of $1.61 billion, down 5.9% year-over-year, in its 2023 earnings report released March 1.

Titan International Sales to John Deere Fall 27% in 2023

March 15, 2024 | Posted in Analysis & Commentary, Earnings Reports

Tire manufacturer Titan International’s sales to John Deere represented 13% of its 2023 net sales, according to its 10-K annual report released Feb. 29.

South American News: February 2024

February 15, 2024 | Posted in Ag Equipment Worldwide

Stara Offers New Payment Options in Argentina
Deere Selects Brazilian Startup for Global Collaborator Program
Argentina’s Mainero Increases Exports
Brazil’s Farmers Pessimistic About New Purchases This Year

AGCO Reports $14.4 Billion in 2023 Sales

February 15, 2024 | Posted in Data & Trends

On Feb. 6, AGCO reported fourth quarter net sales of $3.8 billion, down 2.5% year-over-year.

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Linamar Expands Ag Equipment Presence with Bourgault Acquisition

January 15, 2024 | Posted in Mergers & Acquisitions

Linamar Corp. announced Dec. 20 an agreement to acquire Canadian implement manufacturer Bourgault Industries out of St. Brieux, Sask., for C$640 million.

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Titan International 3Q23 Ag Revenue Down 26%

November 15, 2023 | Posted in Earnings Reports

In its third quarter earnings reported Nov. 1, Titan International reported $213 million in agricultural revenue for the quarter, down 26.4% year-over-year.

South American News: June 2023

June 15, 2023 | Posted in Ag Equipment Worldwide

Brazil’s Government Adds More Money for Loan Program Before New Season
Argentina’s Ag Machinery Manufacturer s Association Seeks Lower Rate for Loans to Farmers
Horsch Introduces New Autonomous Planter

South American News: May 2023

May 15, 2023 | Posted in Ag Equipment Worldwide, Dealers & Dealerships, Mergers & Acquisitions

Read this month's South American News stories:

AGCO to Expand Production Capacity in Brazil
SLC Maquinas Buys 9 John Deere Dealerships in Brazil
Vamos Group Purchases 6 Valtra Dealerships
Horsch Inaugurates Factory in Brazil
John Deere Improves Market Share in Argentinian Market

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CNH Industrial Finishes 2022 with $23.6 Billion in Revenue

February 16, 2023 | Posted in Data & Trends, Earnings Reports

According to CNH Industrial’s full year 2022 earnings released on Feb. 2, the company brought in $23.6 billion in revenue in 2022, up 20.8% year-over-year.

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