Tom Taylor, GVP North American Ag, has announced his plans to retire from Alamo Group on June 30, 2022. Taylor has been with the Alamo Group for 20 years, having joined the team in 2002.
Kubota Corp. has invested in Parcel THRIVE Inc., a U.S. startup company that provides a collaboration platform to offer a wide range of products and services in one place throughout the production value chain of mainly fruits, vegetables and nuts from the procurement of equipment, machineries, seeds, fertilizers, and other necessities.
Even with the worsening conflict between Russia and Ukraine, some South American companies have reported to have received more orders for agricultural machinery.
In late 2021, John Deere announced an equity investment in ClearFlame Engine Technologies, “a growing start-up dedicated to the development of clean engine technology” based out of Geneva, Ill.
According to the Small Business Administration’s Paycheck Protection Program (PPP), 3,185 businesses in the “Farm and Garden Machinery and Equipment Merchant Wholesalers” (NAICS classification 423820) received a total of $637.77 million in 2020 PPP loans from the U.S. Small Business Administration.
It’s been 2 weeks since United Auto Workers (UAW) at CNH Industrial’s factories in Burlington, Iowa, and Racine, Wis., walked out as contract negotiations failed.
Ag tractor and combine unit sales in April 2022 declined for the second month in a row, owing largely to supply chain difficulties, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
According to a report from Observator, Kharkiv Tractor Plant, a Ukrainian tractor manufacturer that suffered bombing during the initial invasion of Ukraine, has announced it will move production to neighboring Romania.
100+ horsepower tractors reported retail sales of 962 units below our monthly forecast while the year to date retail totals were 1,201 units below our YTD forecast.
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In this episode of On the Record we take a look at AGCO's recently introduced Transformational Assessment Process (TAP) for its North American production ag dealers. In the Technology Corner, Michaela Paukner examines how CNH Industrial and John Deere's tech stacks compare. Also in this episode, the latest earnings reports from Deere & Co. and Kubota.