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Manufacturing

Manufacturing Shortliner News 

Deere Moving More Production to Mexico

July 22, 2022July 22, 2022 Vernon Schmidt Deere

Deere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.

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Manufacturing Shortliner Member 

Valmont Reports Q2 Results

July 21, 2022July 27, 2022 Vernon Schmidt Valmont

Record 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)

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Manufacturing Shortliner News 

Lessiter Media Reports on Kubota Brand Purity Drive

July 18, 2022July 18, 2022 Vernon Schmidt Brand Purity

Kubota, 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.

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Manufacturing Shortliner News 

CNH Acquires Specialty Enterprises LLC

July 18, 2022July 18, 2022 Vernon Schmidt Specialty Enterprises

CNH Industrial has acquired Specialty Enterprises LLC, North America’s largest manufacturer of aluminium spray booms for agricultural applications

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Manufacturing Shortliner News 

Kubota Canada Appoints Montagano as President

July 5, 2022July 5, 2022 Vernon Schmidt Kubota Canada

Kubota Canada announced that Yannick Montagano has succeed Bob Hickey in his role as president of the company.

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Manufacturing Shortliner News 

18th Straight Month Mainstreet Equipment-Sales Index Has Advanced Above Growth Neutral

May 25, 2022June 27, 2022 Vernon Schmidt Rural Mainstreet Index

OMAHA, Neb. (May 19, 2022) — The Creighton University Rural Mainstreet Index (RMI) fell from April’s healthy reading and remained

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Manufacturing News 

Deere Reports Q2 Results

May 20, 2022May 20, 2022 Vernon Schmidt

Deere & 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

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Manufacturing Shortliner News 

Manufacturing Employment Share 20% Higher in Right-to-Work States

April 19, 2022April 27, 2022 Vernon Schmidt Manufacturing

Right-to-work states have seen a significant bump in manufacturing employment compared to non-right-to-work states

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Manufacturing News Featured - Home Small 

Inflation overtakes labor shortage as top problem for small business

April 13, 2022 Vernon Schmidt Inflatin

The U.S. continues to struggle with labor and supply chain woes brought on by the COVID-19 pandemic, but the latest

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Manufacturing Shortliner News 

Tractor Combine Sales

March 22, 2022March 22, 2022 Kristi Ruggles Tractor Combine Sales

Sales of big equipment declined in Canada. Otherwise, positive trends continued.

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Manufacturing Shortliner News 

Kubota Highlights Gains in North America, Ag Sales

March 22, 2022March 22, 2022 Kristi Ruggles Earnings Report

The company plans a 6 percent increase in the price of tractors in North America and 5 percent increase in construction machinery.

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Manufacturing Shortliner News 

Titan International Reports 40-Plus Percent Sales Gain

March 22, 2022March 22, 2022 Kristi Ruggles Earnings Report, Titan Internatinal

The increases reflected sales gains in all segments, most notably agriculture, along with pricing gains.

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Manufacturing Shortliner News 

ASABE Develops Standard Related to Harvest Data

March 22, 2022March 22, 2022 Kristi Ruggles ASABE

The new standard will complement ISO 11783 by providing context for how geographic harvest data is used in practice.

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Manufacturing Shortliner News Uncategorized 

Alamo Group Reports Quarterly, Annual Earnings

March 8, 2022March 8, 2022 Kristi Ruggles Alamo Group

CEO Jeff Leonard said shortages of hydraulic components in the fourth quarter affected nearly all of the company’s production operations.

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Manufacturing Shortliner News Uncategorized 

ASABE Completes Cotton Module Cover Standard

March 8, 2022March 8, 2022 Kristi Ruggles ASABE

The document is a major revision that adds performance specifications for module covers used on cylindrical modules.

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Manufacturing Shortliner News 

Deere Improves Forecast, Expects Demand to Continue

February 22, 2022February 22, 2022 Kristi Ruggles Earnings Report

Order 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.

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Manufacturing Shortliner News 

AGCO Reports Q4, Year Results

February 22, 2022February 22, 2022 Kristi Ruggles Earnings Report, AGCO

Increased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases for the company.

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Manufacturing Shortliner News 

Kubota Equipment Sales Up 28 Percent

February 22, 2022February 22, 2022 Kristi Ruggles Kubota, Earnings Report

In North America, sales of tractors and construction machinery increased significantly due to strong demand along with growth in suburban development.

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Manufacturing Shortliner News 

CNH Shows 35 Percent Sales Gain for the Year

February 22, 2022February 22, 2022 Kristi Ruggles Earnings Report

In 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.

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Manufacturing Shortliner News 

Collaboration Expands Between Kubota, Escorts

February 22, 2022February 22, 2022 Kristi Ruggles Kubota, Escorts

Kubota’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.

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Manufacturing News 

Year at CNH Shows 35 Percent Sales Growth

February 9, 2022February 9, 2022 Kristi Ruggles Earnings Report

CNH Industrial said the increase in net sales was driven by higher demand, better mix, and favorable price realization.

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Manufacturing News 

AGCO Reports Sales Numbers

February 9, 2022February 9, 2022 Kristi Ruggles Earnings Report

Increased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases.

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Manufacturing Shortliner News 

ASABE Revises Standard on Ag Machinery Terms

February 1, 2022February 1, 2022 Kristi Ruggles ASABE

A previous version of ANSI/ASABE S390 (S390.5) was used as the key basis document for the development of ISO 12934.

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Manufacturing Shortliner News 

Supply Chain Investment Focuses on River Transport

February 1, 2022February 1, 2022 Kristi Ruggles Infrastructure

Among the projects is the replacement of locks on the Ohio River so that water levels are high enough for large cargo ships.

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Manufacturing Shortliner News Ag 

Deere Says Driverless Tractors Ready for the Field

January 19, 2022January 19, 2022 Kristi Ruggles driverless tractor

The 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.

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Manufacturing Shortliner News 

Supreme Court Says ‘No’ to Employer Vaccine Mandate

January 19, 2022January 19, 2022 Kristi Ruggles

A mandate requiring federal contractors and subcontractors to assure workers are vaccinated remains blocked by a preliminary injunction.

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Manufacturing Shortliner News 

U.S. Steel Doubles Capacity Near Big River Mill

January 19, 2022January 19, 2022 Kristi Ruggles U.S. Steel

The move comes amid an extended supply chain crisis that has made it more difficult for manufacturers to get their hands on finished steel.

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Manufacturing Shortliner News 

Manufacturing Orders Soar

January 19, 2022January 19, 2022 Kristi Ruggles AMT

The value of orders was up nearly 14 percent from October and more than double the value of orders received in November 2020.

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Manufacturing Shortliner News News Clippings 

Supreme Court Blocks Vaccine Mandate for Large Employers

January 13, 2022January 13, 2022 Vernon Schmidt

January 13. 2022 – The U.S. Supreme Court has ruled against President Joe Biden’s vaccine mandate for large employers (over

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Manufacturing News Ag 

Berlon Industries Acquires Lowe Manufacturing

January 11, 2022January 11, 2022 Vernon Schmidt Lowe Manufacturing, Mergers

Berlon 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.

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Manufacturing COVID-19 

Omicron Adds to Manufacturing Woes

January 10, 2022January 10, 2022 Vernon Schmidt COVID

Coronavirus surge hits factory workforces just as they struggle with supply-chain issues and rising costs.

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Manufacturing Shortliner News 

Deere Buys Battery Developer, Connectivity Platform

January 4, 2022January 4, 2022 Kristi Ruggles Deere, Kreisel

Kreisel 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.

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Manufacturing Shortliner News 

AGCO Invests in Greeneye Technology, Acquires Appareo

January 4, 2022February 9, 2022 Kristi Ruggles AGCO, Greeneye

Greeneye’s system uses artificial intelligence to detect and spray individual weeds with the goal of reducing herbicide usage.

Read more
Manufacturing Shortliner News 

Claas Reports Nearly 20 Percent Rise in Revenue

January 4, 2022January 4, 2022 Kristi Ruggles Earnings Report, CLAAS

In its outlook, Claas said it expects the supply situation and price development on the procurement markets to present a greater risk in 2022.

Read more
Manufacturing Shortliner News 

CNHI Demerges from Iveco, Invests in Sampierana

January 4, 2022January 4, 2022 Kristi Ruggles CNHi

Sharholders 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 more
Manufacturing Shortliner News 

CNH Completes Raven Acquisition

December 14, 2021December 14, 2021 Kristi Ruggles CNH Industrial, Raven Industries

CNH Industrial has completed its acquisition of precision agriculture technology and member company Raven Industries.

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Manufacturing Shortliner News 

Deere to Expand IT Workforce

December 14, 2021December 14, 2021 Kristi Ruggles Deere, IT

Deere 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 more
Manufacturing Shortliner News 

Kubota Invests in Tree Crop Tech

December 14, 2021December 14, 2021 Kristi Ruggles Kubota, Bloomfield Robotics

The tech company uses image analysis technology and AI to assess plant growth and detect pests on grape, blueberry, and other tree crops.

Read more
Manufacturing Shortliner News 

Kubota Names New CEO

December 14, 2021December 14, 2021 Kristi Ruggles Kubota

The 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.

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Manufacturing Shortliner News 

Shift to Domestic Supply Chain Could Fuel Inflation

December 14, 2021December 14, 2021 Kristi Ruggles Inflation

While 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.

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Manufacturing Shortliner News 

Impact of Deere Strike Appears Minimal in Earnings

December 1, 2021December 1, 2021 Kristi Ruggles Deere, Strike

The 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 more
Manufacturing Shortliner News 

ASABE Updates, Revises Standards

December 1, 2021December 1, 2021 Kristi Ruggles ASABE

ASABE 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 more
Manufacturing Shortliner News 

Kubota Reports Double-Digit Gains

December 1, 2021December 1, 2021 Kristi Ruggles

In the farm and industrial machinery segment, revenue increased by 26.5 percent and accounted for 85.8 percent of Kubota’s consolidated revenue.

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Manufacturing Shortliner News 

CNH Expects Disruptions to Ease in 2022

November 16, 2021November 16, 2021 Kristi Ruggles Earnings Report

The company said supply chain disruptions contributed to a $700 million cash burn in the third quarter.

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Manufacturing Shortliner News 

UAW Members to Vote on Third Deere Contract Offer

November 16, 2021November 18, 2021 Kristi Ruggles Deere, UAW

Union members will vote on the contract Wednesday. The latest agreement is Deere’s “last, best and final offer,” a UAW spokesperson said.

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Manufacturing Shortliner News 

Steel Companies See Hot Market Extending to 2022

November 16, 2021November 16, 2021 Kristi Ruggles

The 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 more
Manufacturing Shortliner News 

AGI’s Backlog Triples on Farm Equipment Orders

November 16, 2021November 16, 2021 Kristi Ruggles Earnings Report, AGI

Farm segment trade sales grew 11 percent. Farm backlog is up 202 percent over prior year as of Sept. 30.

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Manufacturing Shortliner News 

Chip Shortage Forces Plant Closures at CNH

October 19, 2021October 19, 2021 Kristi Ruggles supply chain

The shutdowns in Europe will not exceed eight days and will conclude by month’s end.

Read more
Manufacturing Shortliner News 

Kubota to Buy AgJunction

October 19, 2021October 19, 2021 Kristi Ruggles AgJunction

The AgJunction board said the sale “represents the best alternative available for AgJunction to create substantial value for our respective stakeholders …”

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Manufacturing Shortliner News 

Trouble Begets Trouble: Port Jams Claim Capacity

October 19, 2021October 19, 2021 Kristi Ruggles supply chain

An 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.

Read more
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