Trump to Double Steel Tariffs
On May 30, Donald Trump revealed that he is doubling his tariff on steel imports to 50% from 25%.
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Manufacturing
Deere Acquires Sentera
John Deere recently acquired Minnesota-based Sentera, a provider of remote imagery solutions for agriculture.
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Yanmar America Advances Sustainability Efforts
Member company, Yanmar America, has taken a major step toward its sustainability goals with the installation of 914 high-efficiency solar panels at its headquarters in Adairsville, GA.
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Deere Announces $20 Billion Investment to U.S. Over Next Decade
During the Q2 2025 earning’s call, John Deere Chairman and CEO John May announced a bold commitment to invest $20 billion in the United States over the next 10 years, underscoring the continued dedication of John Deere to American workers, communities, and manufacturing.
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AEM Promotes Pro-Manufacturing Policies on National Mall in D.C.
Dozens of congressional leaders joined the Association of Equipment Manufacturers (AEM) for the 2025 Celebration of Construction held last week on the National Mall.
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U.S.- China Trade War: Can the U.S. Cut Its Reliance?
As the latest trade war escalates, agricultural exports to China have plummeted, posing serious risks for U.S. farmers. While high tariffs on cotton (140%), pork (172%), and soybeans (over 150%) have hindered trade, reports suggest China is quietly exempting 25% of U.S. imports, though no official confirmation exists.
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Deere Breaks Ground on $13.5 Mil Remanufacturing Facility
On May 5, Deere & Co. hosted a groundbreaking ceremony on the site of the John Deere Reman Core facility in Stafford, Mo. Deere & Co. first announced last fall.
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Tariff Pause Puts Shortliners in the Crossfire
As President Trump hits pause on new tariffs for most countries — with China remaining the exception — both global farm equipment giants and North American shortliners are navigating uncertainty. The existing 10% tariff on imports holds steady, but future shifts remain on the table.
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Yanmar Launches New Electrification Unit
Yanmar has announced that it will be launching a new organization dedicated to advancing electrification in the compact off-highway segment.
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Why Tariffs May Hurt Farm Equipment Makers
The Trump administration’s 25% import tariff on steel and aluminum—key materials in farm machinery—has raised concerns about rising costs.
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CNH Lays Off Nearly 200 at Fargo Plant
According to media reports, CNH Industrial has confirmed layoffs at its manufacturing plant in Fargo, N.D.
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U.S. Pauses Some Canadian, Mexican Tariffs
President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods covered by the North American trade agreement known as USMCA until April 2.
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Trump Signals Possible Tariff Delay, Final Decision Pending Review
President Trump suggested a possible delay in new tariffs on Mexican and Canadian imports, setting April 2 as a potential start date.
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Tariffs Create ‘Perfect Storm’ in Farm Machinery Market
The U.S. farm machinery industry is facing mounting challenges, including declining farm income, high input costs, and an oversupply of used equipment. Now, the threat of new trade disputes could further destabilize the market.
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US Dockworkers Approve 6-Year Contract
Dockworkers on the U.S. East and Gulf coasts overwhelmingly approved a six-year contract Tuesday, averting the threat of a strike that could have crippled the economy.
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U.S. Manufacturers See Higher Metal Prices as Tariffs Near
U.S. manufacturers are already feeling the impact of impending steel and aluminum tariffs, with prices surging and supply chain uncertainty growing.
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Congratulations to the 2025 AE50 Award Recipients
The American Society of Agricultural and Biological Engineers (ASABE) recently announced its AE50 award winners representing the best innovations in engineering and technology for agricultural, food, and biological systems.
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China Puts 10% Tariff on U.S. Farm Equipment
China announced a 10% tariff on imports of U.S. farm equipment. The new tariff will start on Feb. 10, 2025.
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FTC Files Lawsuit Against Deere
The Federal Trade Commission filed a lawsuit against Deere & Co., on January 15 alleging the company’s repair practices violate competition law.
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Deere Announces Additional Iowa Layoffs
John Deere has announced another round of layoffs at its Ottumwa, IA plant.
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US Retailers Face Uncertainty over Tariffs and Port Strikes
Concerns over Trump’s planned tariffs and a potential port strike are likely to drive a rise in import cargo in the coming months.
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Deere Adds More Iowa Layoffs
John Deere Company plans to layoff 100 employees in its global workforce. Announcing they will be cutting more jobs in its Iowa state production plants, adding to the current 2024 amount of 1,700 jobs and employees.
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Manufacturing Issues to Watch Under the Trump Administration
In the wake of former President Donald Trump’s reelection, industry leaders across the country are preparing for potential changes the new administration could bring.
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Deere Reports Q4 Net Income of $1.245 Billion
Deere reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023.
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Tariffs and Strikes Loom Over U.S. Trade and Global Supply Chains
Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January.
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Deere Expands Reman Core Center in Missouri
John Deere announced plans to expand its John Deere Reman Core Center facility by an additional 120,000 square feet.
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Trade Commission Probes Deere Over Right to Repair
The U.S. Federal Trade Commission is investigating Deere & Co. to determine whether the tractor giant’s equipment repair policies violate consumer protection laws, according to a public filing.
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Deere Accused of Clean Air Act Violations Over Emissions Repair Restrictions
Sen. Elizabeth Warren accused Deere of failing to honor its agreement with the American Farm Bureau Federation (AFBF) by offering inadequate tools and insufficient disclosures.
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Port Union Strike Threatens U.S. Supply Chain
The International Longshoremen’s Association (ILA) is preparing for a potential strike starting October 1 if a new contract isn’t agreed upon.
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Titan Reports Q2 Revenue
Titan Machinery reported Aug. 29, 2024, the financial results for the fiscal second quarter ended July 31, 2024.
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ASABE Revises Standards for Drawbar Pins
The American Society of Agricultural and Biological Engineers (ASABE) has revised ANSI/ASABE S625.2 AUG2024 Drawbar Pin Dimensions and Requirements.
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Deere Reports Q3 Earnings; Sales Down 17%
Deere & Company reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share, compared with net income of $1.884 billion, or $6.16 per share, for the quarter ended July 31, 2022.
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Global Steel Production Is Flat at Midyear
Global raw steel production through June 30, 2024, stands at 954.6 million metric tons, unchanged from the previous year. June’s output was 161.4 million metric tons, a 2.3% decrease from May but 0.5% higher than June 2023.
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Manufacturing Revival Sees Regional Discrepancies
Concerns about a decline in U.S. manufacturing might be overstated, given that the industry still boasts a quarter-million factories employing 13 million workers.
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US Manufacturing Output Beats Expectations
In June, U.S. factory production exceeded expectations, with a 0.4% increase following a revised 1.0% rise in May.
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Deere Laying Off Additional Waterloo Workers
Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.
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Shortline Manufacturers Score Well in Annual Dealer Survey
The North American Equipment Dealers Association (NAEDA) has released its 2024 Dealer-Manufacturer Relations Survey Report that provides agriculture and outdoor power equipment dealers the opportunity to anonymously rate the manufacturer lines they carry.
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AEM Launches Nationwide Manufacturing Express Tour
AEM embarks on its largest public engagement initiative in 130 years with the ‘Manufacturing Express’ bus tour where it will visit 80 communities at equipment manufacturing sites nationwide.
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Deere Warning a Win for Right-to-Repair Advocates
Montana Farmers Union President Walter Schweitzer sees the EPA’s recent warning to John Deere as a significant win for farmers’ right to repair. The warning addressed Deere’s equipment manuals that limit emissions control system repairs to authorized dealers, potentially violating the law.
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Bobcat Breaks Ground on Mexico Manufacturing Plant
Bobcat Company, a global equipment, innovation and worksite solutions brand, held a ceremonial groundbreaking June 13 for its new, $300-million manufacturing facility in Mexico.
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Global Manufacturing Rebound Predicted in 2025
Although the global manufacturing economy is on track for “sluggish” growth of just a 0.6% annual expansion in 2024, that picture is forecasted to brighten considerably in 2025.
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US Manufacturing Output Unexpectedly Falls in April
Production at U.S. factories unexpectedly fell in April amid a decline in motor vehicle output, data showed on Thursday.
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ASABE Has Begun Withdrawing ISO 15077 Standard
The American Society of Agricultural and Biological Engineers (ASABE) is proposing the withdrawal of the 2008 identical adoption ASABE/ISO 15077:2008 OCT2008 (R2018), Tractors and Self-Propelled Machinery for Agriculture — Operator Controls — Actuating Forces, Displacement, Location and Method of Operation, from publication.
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Saskatchewan Invests $300K in Ag Manufacturing Initiative
The Saskatchewan government has invested $300,000 to support the AMC in creating a mobile, virtual reality (VR) skills lab to promote job opportunities in agricultural manufacturing.
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ASABE Develops Standard for Specialty Crop Equipment
The American Society of Agricultural and Biological Engineers (ASABE) has initiated the development of a new standard for specialty crop equipment.
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CNH To Lay Off 200 Wisconsin Employees
CNH Industrial plans to lay off more than 200 out of the 660 workers at its Racine, Wis., facility and considers moving operations to Mexico with the intent of reducing costs by $150 million.
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Deere Lays Off 308 Employees at Waterloo Works
John Deere will be laying off more than 300 employees in Waterloo, IA in late April.
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Deere Lays Off 150 Production Workers at Iowa Plant
About 150 workers at John Deere’s campus in Ankeny, IA are getting laid off indefinitely in April and May.
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Titan Intl., Inc. Acquires Carlstar Group LLC
Titan International, Inc., a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, announced the acquisition of Carlstar Group LLC. for approximately $296 million.
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Kubota Pays $2 Million For False Made in USA Claims
Kubota North America Corporation has settled with the U.S. Federal Trade Commission (FTC) over its Made in USA Labeling Rule.
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