Friendly Reminder: Benchmark Survey Due Soon
You will receive an email nudge this week from the folks at Industry Insights reminding you to submit your information next week for the 2020 Business Profile & Financial Performance study.
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Member
Majority of States Begin to Reopen
At least 30 states have started to allow some businesses to operate or announced plans to do so in May. Find the status of every state on the Association’s web site.
Read moreBenchmark Survey Deadline Extended to Due May 22
The company report includes a one-page summary and breaks out 17 key criteria such as net profit margin, payroll as a percent of net sales, and cash cycle. Participants also get a data comparison to participating companies of similar size.
Read moreMember Resources Bring Added Value During Virus
As member companies continue to face a new reality, the Association wants to remind you of a service always available to regular members and a new, virus-specific service.
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Your Local Talent Pipeline May Be Gaining Strength
The Association has contributed $28,000 over two years to support teachers pursuing training that will help them equip high school students with skills for careers in farm equipment. See the list of winners, and let us know if we can make an introduction.
Read moreBKT Adopts Mitigation Plan, Resumes Production in India
The company has introduced a series of safety protocols, including providing housing to workers.
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Q1 Sales Rise at Art’s Way
The company enjoyed top-line growth in every segment during the quarter that ended Feb. 29, but COVID-19 has dashed optimism for a strong 2020.
Read moreVermeer Announces Intermittent Shutdowns
Vermeer plans to schedule intermittent shutdowns in response to the COVID-19 pandemic and resulting reduction in product demand.
Read moreAlamo Group To Move To Virtual-Only Annual Meeting Of Stockholders For 2020
SEGUIN, Texas, March 30, 2020 /PRNewswire/ — Alamo Group Inc. today announced that due to public health concerns relating to the coronavirus (COVID-19) pandemic,
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At Times Like This, Your Membership Matters Even More
A trade association can shine at a moment like this by seeking answers to your collective questions and serving as a clearinghouse for information.
Tell us what you need.
Carrie Gunnerson to Retire from Art’s Way
Carrie Gunnerson, CEO of Art’s Way Manufacturing, will retire in the third quarter of the 2020 fiscal year.
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Regular Members Should Receive Survey Email Today
Regular members of the Association should have received an email today connecting you to a benchmark survey. This confidential survey is a benefit of membership that offers insights into plant profitability, productivity, and financial management. The deadline to complete the survey is April 17.
Read moreAlamo Reports Financials, Comments on Coronavirus
Specific to agriculture, Alamo saw a 45.9 percent increase in bookings compared to the fourth quarter of 2018. CEO Ron Robinson said that while “this is certainly not a trend, any improvement in the agricultural market is a welcome development.”
Read moreNorth American Irrigation Sales Stable for Valmont
CEO Stephen Kaniewski said even “with the impact of muted net farm income and trade uncertainty, our North American irrigation business performed well, supported by higher sales of advanced technology solutions.”
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Myers Spring Expansion
Myers Spring last week welcomed members of its community and the shortline industry to celebrate the opening of a new
Read moreUnverferth Buys Force Unlimited
Unverferth Manufacturing has purchased Force Unlimited, manufacturer of Pro-Force fertilizer spreaders.
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Sukup Wins Innovation Awards
Five new products from Sukup Manufacturing Co. have been named by the American Society of Agricultural and Biological Engineers (ASABE) as among 48 outstanding ag innovations of 2019. In other news, Steve Sukup officially assumed the role of president and CEO on Feb. 1.
Read moreAI Marketing Tool Identifies Equipment Prospects
Fastline Media has introduced a marketing product focused on identifying anonymous website visitors. It identifies online visitors and provides their name, address, and email.
Read moreArt’s Way Reports Strong Finish to 2019
Art’s Way Manufacturing Co., Inc. reported encouraging news in its financial results for fiscal year 2019 and its final quarter.
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Art’s Way Sees 16 Percent Revenue Growth in 2019
Art’s Way Manufacturing Co., Inc. has announced its financial results for the fourth quarter and fiscal 2019. Sales: Our consolidated
Read moreArt’s Way Announces New CFO
Member company Art’s Way Manufacturing has named Michael Woods as its new chief financial officer.Woods has eight years of experience in
Read moreUnverferth Acquires Force Unlimited
Unverferth Manufacturing has purchased Force Unlimited, manufacturer of Pro-Force fertilizer spreaders. Pro-Force has both pull-type and truck-mounted appication products. The
Read moreAGI Buys Outstanding Shares in Affinity
AGI plans to level up on its Suretrack farm management software platform with a deal for another Canadian player in the same business.
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GKN Appoints New CFO
GKN Wheels and Structures has appointed Abdul Butt as its chief executive officer. He assumed responsibilities immediately.
Read moreLoftness is Now Employee-Owned
Member company Loftness Specialized Equipment has embarked upon an employee stock ownership plan. Since owner Marv Nelson’s death, ownership has been split among family members.
Read moreAlamo Group Names Tom Taylor as VP of New Group
SEGUIN, Texas — Alamo Group Inc. announces that Tom Taylor has been appointed vice president-specialty markets in the company’s Agricultural Division. The
Read moreDinamica Generale Acquires Zeltex
Dinamica Generale U.S. has acquired Zeltex, Inc.
Read moreS3 Wireform Welcomes New Outside Sales Representative
S3 Wireform Inc. announces Megz Reynolds as their new Outside Sales Representative in Swift Current, Saskatchewan.
Read moreNick Jensen Joins Lessiter Media as Director of Business Development, Partnerships & Innovation
Lessiter Media (LM) announced that Nick Jensen has joined the company as Director of Business Development, Partnerships & Innovation.
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Leadership Change at Sukup Manufacturing
Charles Sukup will step down as CEO. His brother, Steve Sukup, the company’s CFO, will take the helm of the family business.
Read moreAGI Reports Rise in Trade Sales
Ag Growth International reported a 7 percent increase in total trade sales for the third quarter of 2019.
Read moreMember News: Vermeer’s Mary Andringa Honored for Leadership, Innovation
Mary Andringa of Vermeer Corp. has been named as the newest inductee into the Association of Equipment Manufacturers (AEM) Hall of Fame.
Read moreAlamo Group Releases Q3 Earnings
Alamo Group President and CEO Ron Robinson characterized the quarterly results as a “mixed bag.” In spite of record-setting net sales, net income fell for the quarter.
Read moreRaven Acquires Two Autonomous Ag Technologies
Raven Industries has acquired a majority interest in Dot Technologies and Smart Ag. The moves are part of Raven’s five-year plan to invest more heavily in autonomous ag.
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PEER Chain Appoints National Sales Manager
Kevin Shrout has been named national sales manager of PEER Chain. He brings 29 years of distribution experience to the role.
Read moreDot Technology Establishes Subsidiary
Dot Technology Corp. has established a subsidiary to focus on computer vision, machine learning optimization, and intelligent navigation.
Read moreArt’s Way Announces Q3 Financial Results
ARMSTRONG, Iowa, Oct. 9, 2019 /PRNewswire/ — Art’s Way Manufacturing Co., Inc. (ARTW), a diversified manufacturer and distributor of equipment serving agricultural,
Read moreAgrisolutions Moves to Bigger Space
Agrisolutions has opened a new 110,000-square-foot facility in Rock Island, Ill. It is quadruple the size of its previous space.
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Solberg Joins Dot Technology
Dot Technology, which is in its commercialization phase, has added Craig Solberg as its director of sales and retail development.
Read moreAlamo to Acquire Morbark
Alamo Group Inc. has agreed to acquire 100 percent of the outstanding capital shares of Morbark, LLC. CEO Ron Robinson said the acquisition will “expand and complement our range of vegetation maintenance equipment in an adjacent market.”
Read moreKcoe Isom Acquires Paragon
K·Coe Isom has acquired Kansas-based ag advisory and commodity brokerage firm Paragon.
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Member Company CEO Earns Spot on Prestigious List
The award celebrated Tom Shorma with WCCO Belting for leading the company’s innovation and growth in diverse markets.
Read morePEER Chain Announces New Product Manager
Drew Beadle will bring new chain products to market based on industry feedback.
Read moreNTN Updates App to Fight Counterfeit Bearings
The updates allow users to search for distributors and features product number validation.
Read moreMember Company Brings Back Original Name
CDS-John Blue Company is once again John Blue Company, the name upon which it was founded in 1886.
Read more“Makers for American Manufacturing”
For the second consecutive year, Chief Executive has selected a handful of people who are really successful, whose companies represent
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CDS-John Blue Company Brings Back Original Company Name
August 5, 2019 – Huntsville, AL — CDS-John Blue Company announced today it is transitioning its company name back to John
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Alamo Group Acquires Dixie Chopper Assets
Alamo Group Inc. announced Monday that it has acquired the assets of the Dixie Chopper business from Textron Outdoor Power Equipment Inc., a subsidiary of Textron Inc.
Read moreAg Performs ‘Reasonably’ Well in Alamo’s Record-Breaking Quarter
Alamo Group reported record-breaking net income and net sales for its second quarter and first half of the year in spite of facing declines in agriculture.
Read moreAGROdeviate Acquires StripCat Products
AGROdeviate has acquired the StripCat family of products from Twin Diamond Industries. AGROdeviate is the parent company of Hawkins Ag and W&A Manufacturing.
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