Deere Moving More Production to Mexico
Deere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.
Read moreDeere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.
Read moreRecord Net Sales of $1.1 billion increased 26.9% – Operating Income increased to $118.7 million, or 10.5% of net sales ($122.9 million or 10.8% adjusted1) compared to $82.6 million or 9.2% of net sales ($90.9 million or 10.2% adjusted1)
Read moreKubota, said the rise of Kubota-only dealerships was not a brand purity attempt but rather an organic response to the company’s improved equipment offerings.
Read moreCNH Industrial has acquired Specialty Enterprises LLC, North America’s largest manufacturer of aluminium spray booms for agricultural applications
Read moreKubota Canada announced that Yannick Montagano has succeed Bob Hickey in his role as president of the company.
Read moreOMAHA, Neb. (May 19, 2022) — The Creighton University Rural Mainstreet Index (RMI) fell from April’s healthy reading and remained
Read moreDeere & Company reported net income of $2.098 billion for the second quarter ended May 1, 2022, compared with net income of $1.790 billion in
Read moreRight-to-work states have seen a significant bump in manufacturing employment compared to non-right-to-work states
Read moreThe U.S. continues to struggle with labor and supply chain woes brought on by the COVID-19 pandemic, but the latest
Read moreSales of big equipment declined in Canada. Otherwise, positive trends continued.
Read moreThe company plans a 6 percent increase in the price of tractors in North America and 5 percent increase in construction machinery.
Read moreThe increases reflected sales gains in all segments, most notably agriculture, along with pricing gains.
Read moreThe new standard will complement ISO 11783 by providing context for how geographic harvest data is used in practice.
Read moreCEO Jeff Leonard said shortages of hydraulic components in the fourth quarter affected nearly all of the company’s production operations.
Read moreThe document is a major revision that adds performance specifications for module covers used on cylindrical modules.
Read moreOrder books for the upcoming year are mostly full, Deere said, except for a few cases where it has paused orders to reevaluate inflationary pressures later in the year.
Read moreIncreased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases for the company.
Read moreIn North America, sales of tractors and construction machinery increased significantly due to strong demand along with growth in suburban development.
Read moreIn North America, demand was up 10 percent for tractors under 140 HP and up 23 percent for tractors over 140 HP. Combines were up 25 percent.
Read moreKubota’s shares of Escorts will increase from 9 percent to more than 50 percent. The transfer is a step toward establishing a business and investment road map for Escorts Kubota.
Read moreCNH Industrial said the increase in net sales was driven by higher demand, better mix, and favorable price realization.
Read moreIncreased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases.
Read moreA previous version of ANSI/ASABE S390 (S390.5) was used as the key basis document for the development of ISO 12934.
Read moreAmong the projects is the replacement of locks on the Ohio River so that water levels are high enough for large cargo ships.
Read moreThe significant new technology in this tractor is the addition of stereo cameras that scan in all directions, combined with cloud-based machine learning and artificial intelligence to understand what the cameras are seeing.
Read moreA mandate requiring federal contractors and subcontractors to assure workers are vaccinated remains blocked by a preliminary injunction.
Read moreThe move comes amid an extended supply chain crisis that has made it more difficult for manufacturers to get their hands on finished steel.
Read moreThe value of orders was up nearly 14 percent from October and more than double the value of orders received in November 2020.
Read moreJanuary 13. 2022 – The U.S. Supreme Court has ruled against President Joe Biden’s vaccine mandate for large employers (over
Read moreBerlon Industries, of Hustisford, Wis., has acquired Lowe Manufacturing, a Viola, Wis.-based supplier of auger, trenching and grapple attachments that complement Berlon’s line of buckets and attachments for skid steers and other machines. The deal closed the first week of January 2022.
Read moreCoronavirus surge hits factory workforces just as they struggle with supply-chain issues and rising costs.
Read moreKreisel Electric will retain its brand and continue to operate in Austria. AgriSync will sunset its brand and focus exclusively on the Deere-branded version of its product.
Read moreGreeneye’s system uses artificial intelligence to detect and spray individual weeds with the goal of reducing herbicide usage.
Read moreIn its outlook, Claas said it expects the supply situation and price development on the procurement markets to present a greater risk in 2022.
Read moreSharholders of CNH Industrial have approved the demerger of Iveco Group business from CNH Industrial. CNH Industrial has also completed its purchase of 90 percent of the capital stock of Sampierana S.p.A.
Read moreCNH Industrial has completed its acquisition of precision agriculture technology and member company Raven Industries.
Read moreDeere will add 150 IT jobs at a new office in Chicago with a goal of hiring 300 people to support IT and other roles.
Read moreThe tech company uses image analysis technology and AI to assess plant growth and detect pests on grape, blueberry, and other tree crops.
Read moreThe newly appointed chief executive has been with Kubota for 32 years. He has worked in the company’s U.S. business as well as held executive roles in Europe.
Read moreWhile supply-chain bottlenecks should eventually ease, other trends could persist: policies such as tariffs and “Buy American” procurement rules, businesses moving production back to the U.S., and depressed immigration inflows.
Read moreThe five-week strike that straddled the end of a fiscal year and start of another likely cut Deere’s production by 10 to 15 percent, but earnings remained strong.
Read moreASABE has adopted a new version of an ISO standard for mechanical connections of towed vehicles. It also has completed revisions to parts of a series on ag field equipment braking.
Read moreIn the farm and industrial machinery segment, revenue increased by 26.5 percent and accounted for 85.8 percent of Kubota’s consolidated revenue.
Read moreThe company said supply chain disruptions contributed to a $700 million cash burn in the third quarter.
Read moreUnion members will vote on the contract Wednesday. The latest agreement is Deere’s “last, best and final offer,” a UAW spokesperson said.
Read moreThe extended boom in the $180 billion U.S. steel industry that began last year following pandemic-related shutdowns of mills is giving steelmakers more time to bring new plants into service and renew customer contracts at higher prices, executives said.
Read moreFarm segment trade sales grew 11 percent. Farm backlog is up 202 percent over prior year as of Sept. 30.
Read moreThe shutdowns in Europe will not exceed eight days and will conclude by month’s end.
Read moreThe AgJunction board said the sale “represents the best alternative available for AgJunction to create substantial value for our respective stakeholders …”
Read moreAn analysis shows that the amount of additional capacity required to meet demand is being outstripped by the amount of capacity being held up out of service as it awaits berthing slots.
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