Supply Summit Offers Outstanding Speaker Line-Up, Registration Savings
This is one of our best-ever speaker lineups, and the Association is backing this program with major cost-saving incentives for manufacturers who register more than one executive or bring a purchasing agent. >>>
Dollar's Rise Threatens Manufacturing
A strengthening dollar is a sign of rising optimism for the U.S. economy. While good for U.S. consumers and companies that purchase components abroad, the dollarís rise promises to hit U.S. manufacturers reliant on sales in overseas markets. >>>
Deere Agrees to Pay Whistleblower
Deere has agreed to pay a former employee $275,000 to settle a whistleblower lawsuit. The suit was brought last year by the U.S. Department of Labor on behalf of a pipe fitter who alleged he was fired in 2012 in retaliation for reporting unsafe working conditions at the Moline facility and filing a complaint with the Occupational Safety and Health Administration (OSHA). >>>
More States Poised to Enact Right-to-Work
Twenty-six states currently give workers the right not to join a union or pay fees as a condition of their employment. While the laws are not the only drivers of economic health, many businesses wonít consider operating or expanding in states that donít have them. >>>
AGCO Among First Manufacturers to Use Holograms
Workers at AGCOís plant in Jackson, Minn., are using augmented-reality glasses that display diagrams and images of instructions to help them conduct quality checks on tractors and chemical sprayers. >>>
Farm Exports Improve But Incomes Continue to Decline
Analysts forecast $134 billion in agriculture exports in fiscal year 2017, which is a $1 billion increase. The increases are expected primarily in dairy and livestock byproduct exports. Grain and feed exports are forecast to increase by $300 million to $29.6 billion. >>>
ASABE Announces Adoptions, Revisions
The American Society of Agricultural and Biological Engineers (ASABE) has completed its adoption, with deviations, of ISO 12934:2013, Tractors and machinery for agriculture and forestryĖBasic typeĖDefinitions. >>>
Trump Narrows Field for Ag Secretary
Former Georgia Governor Sonny Perdue is President-elect Donald Trumpís likely candidate to run the U.S. Department of Agriculture, a senior member of Trumpís transition team said this week.
Perdue, a Democrat-turned-Republican who founded a grain and fertilizer business, served on Trumpís agricultural advisory committee during his campaign. >>>
Legislation Likely on Cybersecurity Insurance
The Data Breach Insurance Act, H.R. 6032, would amend the Internal Revenue Code to allow a business tax credit for the purchase of qualified data breach insurance. The credit would apply for five years and be equal to 15 percent of the annual premiums paid or incurred for the insurance in the ordinary course of the taxpayerís trade or business.
Mainstreet Index Highest Since June
December farm equipment-sales index increased to 16.3 from Novemberís 15.4, the December number in 2015 was 8.8.
The confidence index, which reflects expectations for the economy in the coming six months, rose to 43.9 in December from 39 in November.
Arriving Soon: Ag Innovator
The winter issue of the Association magazine is on its way. You'll find stories on what to expect from a Trump administration, the nation's aging infrastructure, antitrust laws, and more. >>>
Dealer News: Financial Results from Titan
Titan Machinery Inc. recently released its financial results for the quarter ending October 31. The company reduced its used equipment inventory by $86 million, or 32 percent, during the first nine months of its fiscal year. In the agriculture segment, revenue for the third quarter was $205.5 million, compared to $211.3 million in the third quarter last year. >>>
Paul Reitz Begins as Titanís CEO
The board of directors for Titan International, Inc., has promoted Paul G. Reitz to CEO and president. His new role officially begins this week. >>>
ETS Welcomes New Member to Marketing Team
Environmental Tillage Systems has a new member of its marketing team. >>>
TDS Drive Partners With CNH
Terra Drive Systems has expanded its partnership with CNH Industrial. >>>
An Annual Look at What Membership Offers
You've heard about the meetings, no doubt, and you are reading this newsletter. But what else does the Association offer its members? >>>
AgJunction Buys Assets from Forkworks
AgJunction now owns the GAC2 controller product that used to belong to Forkworks. Both companies will continue to develop and sell to their respective markets. >>>
SMA, Blount Complete Sale
With the the acquisition of assets complete, see how will SMA and TISCO will integrate operations of the aftermarket parts business. >>>
Dealer News: Vanderloop Expands
Vanderloop Equipment recently hosted a grand opening. >>>
Janzen Shares Thoughts on Ag Tech Trends
It's been a big year in agriculture technology. Take a look at a quick-hit list of what one expert says are among the most meaningful developments and what may come next.
Attorney Todd Janzen will join us in Little Rock in April to discuss legal issues related to autonomous farm vehicles and the collection, storage, and use of on-farm data. >>>
Happy Anniversary to These Member Companies
Seven companies are celebrating milestone membership anniversaries this month.
The strength of the Association is its members, so we thank these companies, and every member company, for their commitment. Because of you, the Association can serve as a respected voice in the shortline industry. >>>