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News

Manufacturing Shortliner News Uncategorized 

AGCO Reports Second Quarter Results

July 29, 2022July 29, 2022 Vernon Schmidt AGCO

AGCO has reported results for the second quarter ended June 30, 2022. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 2.3% compared to the second quarter of 2021.

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Manufacturing Shortliner News 

CNH Reports Strong Q2

July 29, 2022July 29, 2022 Vernon Schmidt CNH

Record consolidated revenues of $6,082 million – Net income of $552 – Component shortages again impacted production

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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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Shortliner News Member Featured - Home Small 

Valley® Irrigation Announces Completion of Company’s First North American Ag Solar Installation

July 22, 2022July 27, 2022 Vernon Schmidt Valley Irrigation, Solar

 Irrigation pivots are often shut off when the heat of the summer puts a strain on local power grids. To

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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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Shortliner News Dealer News 

United Ag & Turf Acquires Fish & Still

July 20, 2022July 27, 2022 Vernon Schmidt Dealer Consolidation, United Ag & Turf

United Ag & Turf, now a 36 location John Deere dealership, headquartered in Bryan, Texas has completed the acquisition of Fish & Still Equipment, a John Deere Dealership, with locations in Nacogdoches, Marshall, Henderson, Crockett, and Lufkin, Texas.

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Shortliner News Ag 

U.S. Panel Rejects Duties on Fertilizers from Russia, Trinidad and Tobago

July 19, 2022July 27, 2022 Vernon Schmidt tariffs, trade

In a victory for farmers and a loss for the domestic fertilizer industry, the U.S. International Trade Commission has voted against imposing import tariffs on urea ammonium nitrate from Russia and Trinidad and Tobago.

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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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Shortliner Dealer News 

Titan Machinery Acquires Heartland Ag Systems

July 11, 2022July 11, 2022 Vernon Schmidt Titan Machinery, Heartland Ag Systems

Titan Machinery Inc. has announced that it has entered into definitive purchase agreements to acquire Heartland Ag Systems, Heartland Solutions and related affiliates.

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Shortliner News Dealer News 

Arizona Exempts Used Ag Equipment from Sales Tax

July 11, 2022July 11, 2022 Vernon Schmidt sales tax

Change expands the sales tax exemption for used, rental and lease agricultural equipment, and off-highway vehicles (OHVs) for farming and ranching, effective Oct. 1, 2022.

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Shortliner News Member 

WCCO Acquired by Continental

July 11, 2022July 13, 2022 Vernon Schmidt WCCO, Continental

WCCO Belting, Inc., the continuation of a nearly 70-year family-owned business that began with Edward Shorma of Wahpeton, has been acquired by Continental of Fairlawn, Ohio.

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Shortliner News Member 

Art’s Way Reports Results

July 11, 2022July 11, 2022 Vernon Schmidt

Second quarter sales in the company’s Agricultural Products segment were $5,316,000 compared to $3,858,000 during the same period of fiscal 2021, an increase of $1,458,000, or 37.8%.

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Shortliner Dealer News 

Johnson Tractor Acquires Value Implement

July 8, 2022July 8, 2022 Vernon Schmidt Johnson Tractor

Johnson Tractor has announced the acquisition of Value Implement marking a significant expansion in the west central Wisconsin marke

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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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Shortliner Member 

Bush Hog Hires New Vice President of Sales and Marketing

July 5, 2022July 12, 2022 Vernon Schmidt Bush Hog, Dan Bratt

Bush Hog announced Dan Bratt has joined the Bush Hog Team as vice president of sales and marketing

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Shortliner News Dealer News Featured - Home Small 

Dealers Association Completes Merger

July 5, 2022July 13, 2022 Vernon Schmidt NAEDA

North American Equipment Dealers Association Completes Merger Kansas City, MO (July 5, 2022) – The North American Equipment Dealers Association (NAEDA) is pleased

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News Featured - Home Small 

Overcoming Divisions – Celebrating Independence

June 30, 2022June 30, 2022 Vernon Schmidt Independence, Divisions

As we in the U.S. and Canada are about to again celebrate our independence, there seem to be so many

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Shortliner News Member News Clippings 

Titan International Reaches Deal to Supply Deere

June 27, 2022June 27, 2022 Vernon Schmidt Titan International

Titan International Inc. said it has entered a global long-term agreement to supply Deere & Co. with wheels and tires

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Shortliner Dealer News 

Titan Machinery Report Results

June 22, 2022June 22, 2022 Vernon Schmidt Titan Machinery

Ag Segment revenue for the first quarter of fiscal 2023 was $318.5 million, compared to $229.6 million in the first quarter last year.

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Shortliner Dealer News 

North American Equipment Dealers Association Announces Board Members

May 25, 2022May 25, 2022 Vernon Schmidt

Kansas City, MO (May 25, 2022) With the recent merger of three regional equipment dealer associations with the Equipment Dealers Association,

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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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News Dealer News 

Robert’s Farm Equipment Sales Acquires Earth Power Tractors

May 24, 2022May 24, 2022 Vernon Schmidt DealerNews

Earth Power’s Owen Sound and Meaford locations will switch to Robert’s July 1st 2022. Chesley, ON—Friday May 20,2022—Robert’s Farm Equipment

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News Ag 

ASABE Revises Standard for Farmstead Equipment Safety

May 20, 2022May 20, 2022 Vernon Schmidt Standards

ASABE REVISES STANDARD FOR FARMSTEAD EQUIPMENT SAFETY ST JOSEPH, MICHIGAN— The American Society of Agricultural and Biological Engineers (ASABE) has

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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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Shortliner News Member 

Buhler Industries Reports Q1 Results

May 19, 2022May 19, 2022 Vernon Schmidt Buhler Industries

Buhler Industries has reported revenue for the quarter of $55.2, down $9.4 from the comparable quarter in the prior year. The company stated

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Shortliner News Member 

Leadership Changes at Alamo’s Ag Group

May 18, 2022May 18, 2022 Vernon Schmidt Alamo Group, Tom Taylor

Tom Taylor, GVP North American Ag, announced plans to retire from Alamo Group on June 30th, 2022. Dan Samet is being promoted to replace Taylor.

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Shortliner News Member Featured - Home Small 

Salford Group to be Acquired by Linamar Corp.

May 18, 2022May 18, 2022 Vernon Schmidt Salford Group, Linamar Corp.

Acquisition of Salford will expand Linamar’s ag portfolio, which is currently anchored by MacDon Industries Limited.

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News Member 

Alamo Group Reports Record 1Q Sales and Earnings

May 5, 2022May 5, 2022 Vernon Schmidt Alamo Group

SEGUIN, Texas, May 4, 2022 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2022. Highlights

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News Dealer News 

DealerNews: Deere Dealer Hutson Inc. acquires Work ‘n Play

May 2, 2022May 2, 2022 Vernon Schmidt Hutson Inc.

(Murray, KY), Hutson Inc., a multi-state John Deere dealership is pleased to announce another Michigan acquisition, Work ‘n Play Shop

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Shortliner News Member 

Kondex Hosts Expansion Groundbreaking Celebration

April 27, 2022April 27, 2022 Vernon Schmidt Kondex

Kondex Corporation hosted a groundbreaking celebration earlier this month to kick off the construction of a 60,000 square-foot expansion to its Lomira, WI manufacturing facility.

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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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Shortliner News Member Member Press Releases 

Art’s Way Awarded $500,000 State Manufacturing Grant

April 14, 2022April 27, 2022 Vernon Schmidt

Art’s Way Manufacturing was awarded $500,000 through the Manufacturing 4.0 grant managed by the Iowa Economic Development Authority.

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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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News Member Member Press Releases 

Summit Supply, a Division of All States Ag Parts, Acquires Dominion Equipment Parts

April 11, 2022April 11, 2022 Vernon Schmidt All States Ag Parts, Dominion Equipment Parts

HUDSON, WI – April 8, 2022 – Summit Supply (“Summit”), a division of All States Ag Parts (“ASAP”) announced today

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News Ag Featured - Home Small 

Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices

April 8, 2022April 8, 2022 Vernon Schmidt Ag Economy Barometer, Purdue/CME Group

Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices. (Purdue/CME Group Ag Economy Barometer/James Mintert).Download Photo WEST

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News Member Member Press Releases 

Art’s Way Announces Up To $3 Million in Investment from Alumni Capital LP.

April 7, 2022April 7, 2022 Vernon Schmidt

Art’s Way Manufacturing Co., Inc. has announced that Alumni Capital LP has made a minority investment in the Company to

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News Member Member Press Releases 

Buhler Industries Reports Earnings

April 1, 2022April 1, 2022 Vernon Schmidt Buhler

Buhler Industries has reported 2021 year end earnings, covering a fifteen-month period, was $317.2, up $67.6 from sales of $249.6

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News Membership Member Member Press Releases 

Vermeer Corporation recognized as one of America’s Best Mid-Sized Employers by Forbes magazine.

March 31, 2022March 31, 2022 Vernon Schmidt Vermeer

Vermeer Corporation was recently recognized as one of America’s Best Mid-Sized Employers by Forbes magazine. Forbes partnered with market research

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News Ag 

AFBF Welcomes Supreme Court Decision to Hear Prop 12 Case

March 31, 2022March 31, 2022 Vernon Schmidt Farm Bureau, Prop 12

American Farm Bureau Federation (AFBF) President Zippy Duvall has commented on the U.S. Supreme Court decision to hear the case

Read more
News Ag 

USDA Payments to Livestock Producers Impacted by Drought or Wildfire

March 31, 2022March 31, 2022 Vernon Schmidt livestock, USDA, Disaster

New Emergency Livestock Relief benefits to be delivered through two-phased approach; compensation for 2021 forage losses WASHINGTON, March 31, 2022 –

Read more
Shortliner News Member 

Summit to be Free of COVID Restrictions

March 22, 2022March 22, 2022 Kristi Ruggles

Every attendee is encouraged to take whatever precautions make them comfortable, but the city, the hotel, and the Association will not enforce restrictions.

Read more
Shortliner News Member 

Webinar: Learn More About Members’ Cyber Resource

March 22, 2022March 22, 2022 Kristi Ruggles member benefit

The webinar is 1:30 p.m. Central this Thursday. Members will get an overview of this no-cost service at a moment in which cyber risks are escalating.

Read more
Shortliner News Member 

Miller Products Names GM

March 22, 2022March 22, 2022 Kristi Ruggles

Kerry Richardson has been helping the company navigate supply chain challenges and now will drive communication strategies and integrate customer-support and customer-centric experiences.

Read more
Shortliner News Member 

One Member’s Story to Support Ukraine

March 22, 2022March 22, 2022 Kristi Ruggles War in Ukraine

Sukup Manufacturing shares a story of associates in Eastern Europe who helped evacuate women, children and the elderly from danger in Ukraine.

Read more
Shortliner News Member 

AGI Reports Earnings for Q4, Year

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

In the farm segment, sales grew 28 percent in Q4. Farm backlog is up 48 percent over the prior year.

Read more
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.

Read more
Shortliner News Ag 

Railway Labor Dispute to Further Disrupt Fertilizer Supply

March 22, 2022March 22, 2022 Kristi Ruggles fertilizer, Canadian Pacific Rail

More than 1 million short tons of fertilizer cross the U.S.-Canada border by truck each year. March, April and May are peak months for fertilizer applications across the northern states.

Read more
Shortliner News Ag 

USDA Seeks ‘Made in America’ Fertilizer Solution

March 22, 2022March 22, 2022 Kristi Ruggles fertilizer

It seeks to fund efforts that reduce America’s dependence on imports for fertilizer components while rewarding innovation and sustainability.

Read more
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.

Read more
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