Dealer News
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Manufacturers Add 66,000 Jobs in September
Roughly two-thirds of the returning manufacturing jobs were in durable goods, especially in the motor vehicles and parts sector and machinery. Each added about 14,000 jobs.
Read moreAg Sales at Art’s Way See Double-Digit Rise in Q3
Third quarter sales in the agriculture segment increased by 14.9 percent. Year-to-date ag sales increased by 2.7 percent.
Read moreAgJunction, Kubota Settle Patent Suit
AgJunction reached a settlement in a patent infringement lawsuit against Kubota. The parties agreed to discuss how AgJunction would provide autosteer and autonomous solutions for Kubota products.
Read moreRaven Announces New Leadership Positions
Raven Industries, Inc. has changed the players in a few key leadership positions. Steven Brazones, current CFO, will become vice
Read moreAGCO to Buy Boyd Assets, Launch Dealership
AGCO Corp. intends to acquire certain assets of Boyd Company of Louisville, Ky., and form AgRevolution, an equipment dealership providing products and services to the farming community in Kentucky and southern Indiana.
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Cleveland-Cliffs to Acquire ArcelorMittal USA
The acquisition means Cleveland-Cliffs will become the largest flat-rolled steel producer in the country, and the largest producer of iron-ore pellets, the company said.
Read moreLegal Focus: Travel Waivers for Employees
Companies considering asking employees to sign travel waivers should weigh potential risks against the possible protections that such a waiver will provide in the event an employee contracts COVID-19.
Read moreValmont Secures $240 Million Project in Africa
It will become the largest connected irrigation project on the planet.
Read moreMcFarlane’s Apprentice Program Enjoys Success
The program offers an “honest wage,” high school credits, and exposure to opportunities in manufacturing.
Read moreGKN Rebuilds Plant, Triples Production
The head of operations said the plant is “quite simply unrecognizable from what it was just a couple of years ago.”
Read moreAssociation of Black Farmers Persists in Deere Boycott
Deere responded to allegations of unfairness with a statement detailing its contributions to equality and an announcement of a new coalition, but that did not diminish the resolve of the NBFA.
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Fraud Alert: PPP Loan Applicants’ Info Hacked
The Small Business Administration has received more than 1,000 reports that business owners are fighting fraudulent Economic Injury Disaster Loan applications. KCoe offers tips to protect your company.
Read moreChild Care Needs Cause Problems in Factories
Nearly half of manufacturers said child-care constraints caused by the coronavirus made it difficult to recall furloughed workers or hire new ones in August.
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Dealer News
See the latest in acquisitions in the industry.
Read moreDeere to Expand in Australia, New Zealand
Deere’s business in Australia, New Zealand, Asia, Africa and the Middle East accounts for almost 10 percent of the company’s total revenue.
Read moreCandidates Discuss Farm Policy
In this week’s installment of responses that presidential candidates provided to the American Farm Bureau, they talk farm policy.
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News from ASABE
The group released news about a new international standard related to towing and towed vehicles, as well as the initiation of a standard on metered seed systems in precision ag.
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Rural Mainstreet Index Improves for September
The index has risen consistently since bottoming out in April. The farm equipment sales index remains in a recessionary zone.
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USDA Issues $14 Billion in COVID Relief to Farmers
This is the second round of assistance the administration will send to farmers. It distributed $19 billion earlier this year.
Read moreApprentice Program at McFarlane Gets Attention
Apprentices typically enter the program as teens and are expected to work 450 hours a year. One has become a full-time employee.
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No Handshakes, but Plenty of High-Impact Info
Although we will not gather for convention, we will come together briefly on screen to elect directors and hear from a former White House insider on what’s at stake in the November elections.
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Former Deere Exec Joins Ford
The Deere exec who led efforts to deliver artificial intelligence on the farm has joined Ford. He and the new CEO want Ford’s commercial customers to regularly pay for services, creating a revenue stream that flows throughout the vehicle’s life.
Read moreWorld Ag Expo Calls Off 2021
World Ag Expo announced Monday it will not host its outdoor farm show in 2021.
Read moreDeere’s Lagemann Elects to Retire
The senior vice president of Ag &Turf will retire Oct. 31. Succeeding him will be Dave Gilmore, a 30-year veteran at Deere.
Read moreAGCO to Acquire 151 Research
AGCO has agreed to acquire research and product development firm 151 Research to create new technology solutions for grain customers.
Read moreAg Top-Rated Industry in Gallup Poll
While always among the favorites in this annual survey, agriculture for the first time tops the list of well-like industries. Researchers suggest renewed appreciation because of COVID-19.
Read moreTrump, Biden Square Off on Taxes, Ag Issues
The American Farm Bureau asked the candidates to discuss rural life and health, regulatory reform, trade, and more. In this issue, see the candidates’ platforms on taxes.
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Employers Hesitate to Adopt Payroll Tax Deferral
Beginning this month, employers can stop withholding part of employees’ share of Social Security taxes. The IRS will recoup the funds from employee paychecks in the first four months of 2021.
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Pilot Program Could Ease Interstate Trucker Shortage
The FMCSA is seeking public comments on a proposal that would open more interstate truck-driving jobs to 18-, 19- and 20-year-olds.
Read moreBell Equipment Will Stop Exclusively Selling Deere
Bell will cease to distribute Bell-branded equipment built by Deere. It also will transition to a non-exclusive dealer arrangement with Deere.
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Trump Tweets Good News for Biofuels Industry
Ethanol industry gets a win from Trump administration, but frustrated farmers argue the gesture falls short.
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ASABE Shares Updates on Standards
See the latest from ASABE on new standards and revisions.
Read moreCOVID Claims 2021 World Ag Expo
Tulare, CA – For more than 52 years, World Ag Expo® has served agriculture by bringing buyers and sellers together to
Read moreElkhart Plastics, Inc. Ranked No. 7 Rotomolder in North America
SOUTH BEND, IND. – Elkhart Plastics, Inc. (EPI) ranks at No.7 for overall rotomolding sales in North America in Plastics
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Association Seeks Input on Expanding Member Services
What’s your comfort level with an ethical hacker? Someone who, in the name of helping you prevent a cyber attack, stages a cyber attack to test the strength of your security system? It’s among possibilities for members.
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What Are Your Best Practices in Workforce Development?
The Association is seeking new ways to support members in workforce development. As a first step, we want to hear what’s working where you are.
Read moreTitan Responds to Flap with Goodyear and Use of ‘MAGA’
Titan sought to clarify its relationship with Goodyear after training documents from Goodyear used “MAGA” as an example of unacceptable language on attire.
Read moreQ3 Sales Decline at Deere
Deere plans to spend $435 million this fiscal year on one-time moves, such as employee buyouts, employee reductions, and shuttering a small tractor manufacturing operation in China.
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Low Commodity Prices Add Stress to Tight Farm Budgets
Despite a wind storm tearing through the Midwest and drought conditions in isolated areas, a bumper crop of both corn and soybeans is expected this year.
Read moreAGCO Announces Chairman and CEO Succession
Martin Richenhagen has chosen to retire. Succeeding him in 2021 will be Eric Hansotia, a long-time Deere exec who has been with AGCO since 2013.
Read moreTitan International Reports Ag Sales Down in Q2
In agriculture, net sales for the quarter were down 11.5 percent. For the first six months of 2020, net sales were down by just over 11 percent.
Read moreSeedMaster Announces NEW CEO
Don Henry will lead SeedMaster as new CEO. President Norbert Beaujot describes Henry as “a perfect fit.”
Read morePEER Bearing Recognized as Top Performer
PEER Bearing Company was recognized as a top-performing supplier at AGCO’s North America Virtual Supplier Event.
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New Round of Assistance Expected for Farmers
USDA Chief Sonny Perdue expects to deliver another round of funding to farmers soon through the Coronavirus Food Assistance Program.
Read moreKubota Ag Sales Down
In the farm and industrial machinery segment, overseas sales, which include North America, declined by 10.5 percent.
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Unemployment Fraud Is On the Rise
The prevalence of reported fraud is staggering. Georgia found more than 130,000 false claims filed in July. Illinois identified more than 120,000 counts of unemployment insurance fraud in August. Consider these tips to avoid trouble.
Read moreTitan International, Inc. responds to Trump’s suggested Goodyear boycott
QUINCY, Ill., Aug. 19, 2020 /PRNewswire/ — Titan International, Inc. (NYSE: TWI), manufacturer of Titan Tires, Titan Wheels and Goodyear® Farm Tires, is responding
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Association Explores Convention Questions
The Board of Directors meets virtually next week to discuss the convention.
Read moreFarm Bureau Lobbies Congress on PPP Tax Issue
The IRS in April issued guidance stating that expenses are not deductible if their payment results in a PPP loan being forgiven. The guidance has been criticized by some key lawmakers on both sides of the aisle, who argue it goes against congressional intent.
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