AGI – Farm Equipment Manufacturers Association

AGI Reports Earnings for Q4, Year

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

Eastern Fabricators operates three facilities in Canada and has relationships with multinational food processors.

Farm segment trade sales grew 11 percent. Farm backlog is up 202 percent over prior year as of Sept. 30.

Jason Tatge co-founded and was CEO of Farmobile, a business recently acquired by AGI.

North American commercial sales were the exception in an otherwise standout quarter. Farm sales increased by 24 percent.

The Board of Directors for AGI has begun a search to find a successor for CFO Steve Sommerfeld.

AGI plans to level up on its Suretrack farm management software platform with a deal for another Canadian player in the same business.

In the fall issue of Ag Innovator magazine, we hear from speaker and writer John Hall, who offers tips on how to manage our time.

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