AGROdeviate Acquires W&A
AGROdeviate has acquired W&A Mfg. Co. The purchase includes the entire line of W&A products as well as the manufacturing facility in Pine Bluff, Ark., where operations will continue.
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AGROdeviate has acquired W&A Mfg. Co. The purchase includes the entire line of W&A products as well as the manufacturing facility in Pine Bluff, Ark., where operations will continue.
Read moreR & R Engineering Co. posted a record setting 20.5 percent growth in May for client shipments, breaking a 49-year record.
Read moreIf you participated in the Association’s benchmark survey in April, you should have received your results. The data not only points out your company’s strengths and weaknesses but provides tiers of information that point you toward what levers to pull to implement change. The Board of Directors has authorized a second year of the data collection as a service to members.
Read moreGT Mfg. was among only 25 companies in the U.S. to receive the President’s “E” Award. It is the highest recognition a U.S. entity can receive for exporting.
Read moreJust as American manufacturing hits its stride, the sector faces challenges such as a wave of retirements, an absence of skilled workers to succeed those retirees, and an opioid crisis that is concentrated in manufacturing regions.
Read moreTonutti Wolagri has announced a plan to consolidate and increase its presence in France, Switzerland and Belgium by signing an agreement with Promodis for the sale and promotion of its machines in those countries.
Read moreFactory activity picked up in May after a two-month slowdown. The Institute for Supply Management said its manufacturing index rose to 58.7 in May from 57.3 in April. The May reading beat economists expectations.
Read moreAs we welcome three new companies as member applicants this month, we acknowledge a few stand-out members that have been with the Association practically as long as the Association has existed.
Read moreIn the past several years, China’s state-backed steel manufacturers have been shutting production at home and expanding overseas, fueled by tens of billions of dollars from Chinese state-owned lenders and funds. Chinese steel companies have signed agreements to build plants in Malaysia, Pakistan, India and elsewhere. The move doesn’t eliminate U.S. tariffs, but it lowers them.
Read moreTitan Machinery’s chairman and CEO says the first quarter establishes the “foundation for stronger top and bottom line results in fiscal 2019.”
Read moreFarm commodities continue to get caught in trade tensions between the U.S. and China. In an earlier announcement on tariffs, China levied additional taxes on American fruit, nuts, pork and wine. Also affected were soybeans, corn, wheat, rice, sorghum, beef, poultry, fish, and vegetables. The newest list includes dairy, alfalfa and seafood.
Read moreThis month, we look at the Tillage Council, which chairman Brad Nelson says “brings together many different opinions and perspectives that allow us as manufacturers to get a better view of what is happening” in the industry.
Read moreCanadas foreign minister has pledged North American Free Trade Agreement talks will continue into the summer. Asked for her opinion on reaching a bilateral agreement between the U.S. and Canadaan idea President Trump has floatedChrystia Freeland said it would be hard to implement.
Read moreThe Senate farm bill passed out of committee last week and is expected to be debated on the Senate floor the week of June 25. As of Tuesday, votes on two immigration bills still stood in the way of the U.S. House giving a second try at passing its version of a farm bill.
Read moreIn her request for $300 million from the USDA, Senator Gillibrand characterizes the challenge facing dairy farmers as “unprecedented distress.”
Read moreRocky Mountain Dealerships has announced a five-year plan to increase revenue and earning to $1.5 billion by 2023, and it includes expansion into the U.S.
Read moreIn the ‘largest ever divestiture required by the United States,’ Bayer agrees to sell its cotton, canola, soybean, and vegetable seed businesses as well as its digital farming business.
Read moreDeere says it will raise its prices after missing second-quarter profit estimates amid higher freight and raw-material costs. The companys sales costs shot up by 35 percent, and it expects input costs to be higher than its previous estimate.
Read moreIn an effort to build consensus, the House has scheduled the next farm bill vote for June 22. Leadership intends to use the intervening days to tend to issues such as immigration that cost Republican votes during the last attempt to pass the bill.
Read moreCNH Industrial has announced that its consolidated revenues for the most recent quarter rose by 17.1 percent. Net sales for agriculture equipment increased by 15 percent.
Read moreA tight labor market is leading to delays and rising costs for companies that use trains and trucks. Railroads and trucking companies can pass increases on to their customers, but it can be harder for customers, which creates a drag on profits. One company reported an 8 percent increase in freight costs in its first quarter, which took $2 million off its bottom line.
Read moreAlthough NAFTA talks stalled earlier this month, there’s an indication of progress. Canadian Foreign Minister Chrystia Freeland is heading to Washington in an attempt to rekindle negotiations on the agreement and seek permanent exemptions on steel tariffs.
Read moreElton Malish, founder of K&M Manufacturing Co., Inc., in Taylor, Texas, died April 29. He was 79.
Read moreWith the ratio of unemployed people to open jobs at virtually one-to-one, the job market would be expected to tilt in favor of workers and job-seekers. But the sharp jump in openings has not led to a comparable jump in pay.
Read moreAg Growth reported profit of roughly $4.95 million for its most recent quarter compared to $5.13 million in 2017. Trade sales improved significantly in 2018, rising from $154.7 million in 2017 to $214.1 million this year.
Read moreThe Trump administration says it will finalize by June 15 a list of $50 billion in Chinese goods subject to new 25 percent tariffs. Meanwhile, shipments from the biggest U.S. West Coast ports to Asia have accelerated as companies anticipate restrictions.
Read moreJoe Pesaresi, part of the second generation of family leadership at Winamac Coil Spring, died May 16. He was 71.
Read moreThe DOL said it plans to clarify, update, and define regular rate requirements. And, it plans to issue a proposed rule on the subject in September. The agencys plans to change the current overtime exemption regulations have been postponed to January 2019.
Read moreBuhler Industries saw a decline in its sales revenue for the second quarter and a greater net loss compared to 2017. The company expects sales to decrease in 2018.
Read moreThe countries that have filed preliminary complaints with the WTO seek to pressure the White House to withdraw the metal duties by specifically targeting U.S. goods that are produced by voters in states that sent Trump to the White House.
Read moreThe distinction is awarded to companies that excel in key performance categories, including quality, cost management, delivery, technical support, and wavelength.
Read moreThe Association takes seriously the privacy of member data and how that information is shared. This was our practice long before last Friday, when the European Union started enforcing its newest regulations on internet privacy.
Read moreJon Kinzenbaw, CEO and chairman of the board for Kinze Manufacturing Inc., received an honorary doctorate degree from Iowa State University in May.
Read moreSupreme Court held last week that employers can enforce class action waivers in arbitration agreements. Watershed decision good news for employers – confirms they can use arbitration agreements to avoid class and collective actions of employment claims.
Read moreGreat Plains has restructured its Agriculture Division and doubled its sales regions. In addition to moving from two to four regions, the plan includes an expansion of staff. Take a look at who’s been hired.
Read moreDrug use by the American workforce remains at its highest rate in more than a decade. Researchers say the data reveals shifting patterns of drug use, with cocaine and amphetamines use surging in some areas of the country and marijuana use rising sharply in states with newer recreational use statutes.
Read moreRepublican senators say President Trump will allow year-round sales of renewable fuel with blends of 15 percent ethanol as part of an emerging deal on the federal ethanol mandate. The blend is currently banned during summer months.
Read moreThe number of the most serious workplace injuries and illnesses fell by 1.5 percent in 2017, but their cost, including medical and lost-wage payments, increased by 2.9 percent.
Read moreIn 1994, people 55 and older represented 11.9 percent of the labor force. By 2024, that percentage is expected to increase to 24.9, according to data from the Bureau of Labor Statistics. Experts see good news and bad news in this trend.
Read moreThe Creighton University Rural Mainstreet Index rose to 56.3 in May, its highest level since July 2013. The May farm equipment-sales index climbed to 43.8 from Aprils 37.8. A year ago, the farm-equipment index was 26.8.
Read moreSince the publications first started asking the question in 2011, Ag Equipment Intelligence and Farm Equipment magazine have heard the same answers from farmers about why they try new brands.
Read moreDealerships are building new locations, consolidating, and merging.
Read moreFor the first time since the middle of 2015, the Rural Mainstreet Index has recorded three straight months of overall indices above growth neutral. The farm equipment sales index, while still below growth neutral, continues to trend upward.
Read moreHiring is up, but employers remain cautious about the future.
Instead of boosting wages, theyre offering better benefits, increased flexibility and professional development opportunities. They’re also relying on contract workers.
Jon Sherrod with Bondioli & Pavesi will serve as chairman of the Supplier Board of Governors for the next year. Joining him in officer roles are Joe Sampson from Osmundson, Scott Moss of Comer Industries, and Marc Adams with GBGI.
Read moreThe 65th Annual 3i SHOW will be March 21, 22, and 23 in 2019. Priority renewal for 2018 exhibitors has begun.
Read moreBeall Manufacturing and Cutting Specialists have announced that Travis Hogan has been promoted to director of marketing and sales. He succeeds Art Fultz, who retired in October.
Read moreDo your products contain any of the 900-plus chemicals listed in California’s Prop 65? If so, as of August, manufacturers must have a warning label. Learn more at FarmEquip.org/Prop65.
Read moreMember company NTN Bearing Corporation of America turned 100 this spring. When a corporation has been doing business globally for 100 years, it is indeed reason for celebration, said President and CEO Pete Eich.
Read moreNAFTA negotiations stalled last week after the U.S. proposed new rules related to component parts for cars and trucks. The break in talks brought the countries to the deadline in which President Trump said he would impose steel and aluminum tariffs on Canada and Mexico. A decision Monday delayed that imposition.
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