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.
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.
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.
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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.