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Manufacturing

Manufacturing Shortliner News Proposed Federal Rules on Lighting & Marking 

Braking Standard to Affect Towed Implement Makers

April 7, 2020April 7, 2020 Kristi Ruggles ASABE, lighting and marking, braking standard

A years-long industry project to develop five new braking standards for agriculture equipment is complete. ASABE also recently published a revised standard for lighting and marketing requirements on field equipment.

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Manufacturing COVID-19 

Deere shuts down Dubuque Works for disinfection – after positive COVID-19 case

March 29, 2020March 30, 2020 Vernon Schmidt

John Deere Dubuque Works is temporarily shut down after a confirmed case of COVID-19 in an employee of the facility.

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Manufacturing News 

Deere Suspends Operations in Brazil

March 25, 2020March 25, 2020 Kristi Ruggles Deere, COVID-19

Deere & Co. is halting production in agricultural behemoth Brazil as the coronavirus outbreak erodes sales for the world’s biggest

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Manufacturing News 

CEO for CNH Industrial Resigns

March 24, 2020March 24, 2020 Kristi Ruggles

The Board of CNH Industrial N.V.  reached a unanimous decision and accepted the resignation of Hubertus Mühlhäuser as chief executive

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Manufacturing News 

Alamo Group Inc. Temporarily Closes Its French Operating Facilities

March 19, 2020March 24, 2020 Vernon Schmidt

SEGUIN, Texas, March 18, 2020 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today announced that it will temporarily close its French operating

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Manufacturing News 

YRC CEO Sees Light at End Tunnel for LTL Long-Haul

February 19, 2020March 17, 2020 Kristi Ruggles LTL, YRC

YRC Worldwide will benefit from closures and reduced capacity in the $340 billion full truckload (TL) market, according to analysts and YRC’s chief.

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Manufacturing Shortliner News 

AGCO’s Sales Dip in Final Quarter

February 18, 2020February 18, 2020 Kristi Ruggles Earnings Report, AGCO

Net sales at AGCO dipped by about 3 percent in the fourth quarter of 2019. Net sales for the full year of 2019 decreased by 3.3 percent.

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Manufacturing Shortliner News 

Deere Downsizes at Construction, Forestry Plant

February 18, 2020February 18, 2020 Kristi Ruggles Deere, layoffs

John Deere Dubuque Works announced Friday that it will lay off 105 employees.

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Legal Services for Members
Manufacturing Shortliner News 

Kubota Reports Rise in Revenue

December 17, 2019December 19, 2019 Kristi Ruggles Earnings Report

Kubota’s revenues increased by 7.1 percent for the first 9 months of 2019 compared to the same period last year. The greatest gains came from domestic sales for the Japan-based company.

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Manufacturing Shortliner News 

Raven Releases Q3 Earnings

December 17, 2019December 19, 2019 Kristi Ruggles SmartAg, DOT

Net sales for Raven Industries were down by 4.1 percent. Operating income decreased by 16.7 percent, primarily driven by increased spending on research and development and selling activities.

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Manufacturing Member Press Releases 

Vermeer Announces Acquisition of Schuler Manufacturing

December 5, 2019December 18, 2019 Vernon Schmidt Vermeer, Schuler

Vermeer Corporation today announced it has purchased Schuler Manufacturing, a family-owned and operated manufacturer of high-quality feeding solutions based in Griswold, Iowa.

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Manufacturing Shortliner News 

Net Sales Rise, Forecast Falls for Deere

December 3, 2019December 3, 2019 Kristi Ruggles Earnings Report

Deere’s net sales in agriculture and turf increased for the fourth quarter and the year while operating profit fell. The company attributed the dip in operating profit to, among other things, higher production costs and an increase in research-and-development spending.

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Manufacturing Shortliner News 

Farm Equipment Index Moves Toward Growth

October 22, 2019October 22, 2019 Kristi Ruggles ag economy, rural mainstreet

The October farm equipment-sales index improved to 39.7 from September’s 35.9. This reading is the highest it has been since June, although at the below-50 mark, it does not yet represent growth in the market.

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Manufacturing Shortliner 

Deere Turns to U.S. After Growth Overseas Stalls

October 1, 2019October 1, 2019 Kristi Ruggles Deere, John May

John May, Deere’s incoming chief executive, will narrow the company’s focus to enhancing technology and growing the U.S. market. This is a pivot from CEO Sam Allen’s emphasis on selling more equipment in developing markets overseas.

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Manufacturing 

Mahindra Group Strengthens U.S. Presence with New Washington, D.C., Office

September 12, 2019September 18, 2019 Vernon Schmidt

The Mahindra Group, a US$ 20.7 billion global federation of companies, has announced the opening of its new Washington, D.C.,

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Manufacturing Shortliner News 

AGCO’s Q2 – Gain in N. America

August 6, 2019August 8, 2019 Rachel Boehm

Net sales are down for the quarter and the first half of the year, but AGCO’s CEO says the company has raised its earnings outlook to reflect confidence in its margin performance.

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Manufacturing Shortliner News 

Domestic Demand on Steel Weakens

June 26, 2019July 12, 2019 Rachel Boehm

United States Steel Corp. said it will cut production by idling two blast furnaces in response to falling demand for

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Manufacturing News 

Association Joins National Effort to Build Workforce for Farm Equipment

May 16, 2019June 14, 2019 Rachel Boehm

With support from this Association, partial scholarships have been awarded to 36 teachers who are seeking certification to help prepare

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Manufacturing News 

For Lower Paid Workers, Fates Are Influenced by Robots

May 10, 2019May 10, 2019 Rachel Boehm workforce, robots

It’s time to stop worrying that robots will take our jobs—and start worrying that they will decide who gets jobs.

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Manufacturing News Ag 

Kubota Releases Yearly Earnings Report

April 17, 2019April 17, 2019 Kristi Ruggles Kubota, Earnings Report

For the year ended Dec. 31, consolidated revenue for Kubota Corp. increased by 5.7 percent compared to the previous year.

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Manufacturing News 

Changes in Freight May Upend How America Moves Its Stuff

April 17, 2019April 26, 2019 Kristi Ruggles freight, logistics

A chronic logjam in a freight yard in Central Illinois has led Norfolk Southern Corp. to rethink how it moves

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Manufacturing News 

Steel Ingredient Iron Ore Hits Nearly Five-Year High

April 17, 2019April 26, 2019 Kristi Ruggles tariffs, steel

The price of iron ore, the main ingredient in steel, surged to its highest level in almost five years on

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Manufacturing News 

Majority of Students Underestimate Trade School

April 17, 2019April 26, 2019 Kristi Ruggles workforce, education

A survey of 3,000 young Americans between the ages of 18 and 24 shows that, despite messages from trades industries

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