Help Your Workforce Become Resilient
Leaders asking themselves how resilient their business is should also ask a more foundationally important question: How resilient are your people?
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Take These Steps to Restore Operations
As we emerge from the depth of disruption, consider these steps in ramping up operations.
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Expect Extension on PPP Compliance Deadline
The administration seems open to the possibility of extending the timeline to meet obligations of Payroll Protection Program, although a 24-week window is uncertain.
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Farm Aid to Launch After Memorial Day
Farmers and ranchers seeking a lifeline from the Agriculture Department can sign up for a relief check starting Monday.
Read moreCNH Plant Reopens After Five-Week Closure
The plant suspended operations April 7 amid a quick case escalation in its community. It reopened with a series of new safety measures.
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ASABE Offers Webinars on Braking Standards
Engineer and project lead Bruce Hawkins will lead webinars about what towed implements need brakes under the new standards. He also will answer questions about braking performance and offer a sizing overview.
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AGI’s CFO to Leave Position
The Board of Directors for AGI has begun a search to find a successor for CFO Steve Sommerfeld.
Read moreBuhler Consolidates Production
Buhler will expand operations in Willmar, Minn., and cease production in Fargo, N.D.
Read moreDun-Lap Digital & Screen Graphics Rebranded as Vernon Graphic Solution
Dun-Lap Digital & Screen Graphics has rebranded as Vernon Graphic Solutions.
Read moreCase IH appoints new Vice President for Europe
Case IH has announced the appointment of Ville Mansikkamäki to the role of Vice President Case IH Europe. He will
Read moreAGI Announces CFO Leadership Transition
WINNIPEG, May 14, 2020 /CNW/ – Ag Growth International Inc. (“AGI” or the “Company) (TSX:AFN) announced today that Chief Financial Officer Steve Sommerfeld will
Read moreDeere, UAW Negotiate to Keep Plants Operating
Deere agreed to provide paid sick leave to employees who thought they might have been exposed to the virus but did not get tested and offered other safety measures that kept the plant operating.
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Member Companies Adjust, Prioritize Communication
Operations at member companies throughout North America have changed dramatically to reflect our new normal.
Read moreAlamo Group Reports on Q1
Alamo Group’s net sales for the first quarter of 2020 increased by 20 percent compared to the same quarter in 2019. Net sales for the company’s Agricultural Division decreased by 4.4 percent.
Read moreCNH Releases Q1 Numbers
Net sales were down for the first quarter due to impact of the coronavirus.
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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.
Read moreAg In Motion Becomes Virtual Event
Ag In Motion Discovery Plus is July 21 to 25. The digital format is in response to the COVID-19 pandemic.
Read moreAlamo Group Reports Q1 Results
Alamo Group’s net sales for the first quarter of 2020 increased by 20 percent compared to the same quarter in 2019. Net income for the quarter increased by 1.8 percent.
Read moreCanada’s Ag in Motion Expo to Become Digital Show
The sixth annual Ag in Motion, an outdoor farm expo in Western Canada hosted by Glacier FarmMedia, has been replaced this year by a digital expo.
Read moreLawmakers to Focus on Small Businesses This Week
Proposals include extending the timeline on PPP and allowing businesses to use more of the funds for overhead. Some lawmakers want to create new funding vehicles.
Read moreDeere Pauses Production, Lays Off Workers
The pause in production is expected to last 15 days. It is the result of disruption in the supply chain and weakened demand.
Read moreMajority 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.
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Trade Groups Want to Delay Start of USMCA
The much-celebrated USMCA has become a worry for some as the July 1 start date approaches while the world responds to COVID-19.
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Hemp Appears Immune to Coronavirus
Upheaval in the supply chain has been less disruptive to hemp growers than more traditional producers. Pandemic restrictions may even be driving up CBD sales.
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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Farmers’ Moods Reflect National Mood of Caution
Data released Tuesday shows that the optimism farmers felt after the 2016 election has all but faded as a result of uncertainty around COVID-19.
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Farmers to Receive Cash Payments, Mass Purchases
The White House announced a $19 billion economic rescue package for farmers and ranchers. The plan calls for making cash payments to producers as well as mass purchases of commodities to be distributed to food banks.
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Lawmakers Propose More Workplace Virus Protections
The new standards would require companies to develop protocols for each element of an entire program. The so-called emergency temporary standard would give regulators the power to issue citations or fines.
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Virus Idles Steel Plants
U.S. mills are operating at 56 percent of capacity, down from 80 percent in 2019, and steel output across the country has fallen by a third in three weeks.
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China Still Expected to Dial Up Soy Purchases
China’s hog herd is recovering well from African swine fever. The country is expected to accelerate soybean purchases from the U.S. between May and August.
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More Funding for Small Business Certain But Stalled
Lawmakers agree that small business businesses need more in a COVID-19 rescue package, but negotiations stalled over details. Resolution is expected this week.
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Opinion: Unemployment Pay Hike May Drive Up Wages
The extra $600 benefit enacted by Congress is overkill for many workers, leading to perverse incentives.
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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.
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Trump Calls for Additional Support for Farmers
The White House wants the USDA to move quickly in distributing a new $16 billion aid package to U.S. producers.
Read moreCNH to Suspend Production in Grand Island
Because of COVID-19, the Case New Holland manufacturing facility in Grand Island, Neb. will temporarily suspend operations after Thursday. General
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Shift in Consumer Dining Habits Hits Farmers
The COVID-19 pandemic has left restaurants shuttered and created a frenetic pace at grocery stores, which has led to a shift in the food supply chain that stands to reshape agriculture in the short-term.
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Industry Moves
Find out what’s been happening with Kubota, CNH Industrial, Raven Industries, and DOT Technology.
Read moreBraking Standard to Affect Towed Implement Makers
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.
Read moreUSMCA Delayed, Tariff Relief Likely
In response to the all-consuming demands of COVID-19, the administration is considering suspending tariffs, with exceptions. The implementation of USMCA also is on hold.
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,
Read moreStimulus Offers Loans with Option for Forgiveness
The $2.2 trillion response deal allows small businesses to acquire grants and loans up to 125 percent of their payroll with the opportunity for loan forgiveness for businesses that can quickly ramp up or sustain their workforces.
Read moreDeere shuts down Dubuque Works for disinfection – after positive COVID-19 case
John Deere Dubuque Works is temporarily shut down after a confirmed case of COVID-19 in an employee of the facility.
Read moreMember-Relevant Highlights of $2 Trillion Stimulus
New stimulus bill provides billions in loans to small businesses that can be converted to grants that will not require repayment.
Read moreDeere Suspends Operations in Brazil
Deere & Co. is halting production in agricultural behemoth Brazil as the coronavirus outbreak erodes sales for the world’s biggest
Read moreCEO for CNH Industrial Resigns
The Board of CNH Industrial N.V. reached a unanimous decision and accepted the resignation of Hubertus Mühlhäuser as chief executive
Read moreAlamo Group Inc. Temporarily Closes Its French Operating Facilities
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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