Mahindra Tractors sells 22343 units in domestic market during November 2013, registers 13% growth
Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 16.2 billion Mahindra Group, has announced its tractor sales numbers for November 2013 which stood at 22343 units in the domestic market, as against 19757 units during November 2012, a growth of 13%.
Equity Bulls – 12/8/2013
CNH Industrial Recognized by the CDP as a Leader in Climate Change Transparency
For the third consecutive year, CNH Industrial has achieved a leading position in the CDP's Italy 100 Climate Disclosure Leadership Index (CDLI), with regard to the quality of climate change data it has submitted to the global marketplace through CDP, the world's only global environmental disclosure system.
AED – 12/8/2013
JCB is investing in its UK manufacturing
Equipment manufacturer JCB plans to invest ?179.5 million (£150 million) in its manufacturing facilities in the UK. The investment will be targeted at its operations in Staffordshire and this will add some 2,500 to the firm's payroll by 2018.
World Highways – 12/6/2013
Ag Leader Opens New Distribution Center
In order to provide more space for order fulfillment and finished goods storage, Ag Leader Technology, Inc. announced that it has opened a new distribution center in Ames, Iowa.
Precision Pays – 12/6/2013
Kubota to Build First European Tractor Factory
Japanese farm machinery maker Kubota has announced it will be building its first European tractor factory in northern France, according to a report in the British publication Farmers Weekly.
Farm Equipment – 12/5/2013
AGCO Parts Opens Woodstock, Ontario, Distribution Center to Better Serve Eastern Canada
AGCO, a worldwide manufacturer and distributor of agricultural equipment, has opened a full-stocking parts distribution center (PDC) in Woodstock, Ontario, to ensure customers in Eastern Canada have the right parts when they need them most.
Farm Equipment – 12/5/2013
Deere Expands Share Buyback Program by $8 Billion; Announces Quarterly Dividend
The Deere & Company (DE) Board of Directors today authorized the repurchase of up to $8 billion of additional common stock. The Board also declared a regular quarterly dividend of $.51 a share on common stock, payable February 3, 2014 to stockholders of record on December 31, 2013.
Farm Equipment – 12/3/2013
AGCO Introduces New AgCommand Integration with Raven Technology
AGCO announced a new AgCommand integration with the Raven Industries' Slingshot system connected to its Fuse Technologies initiative.
AgriMarketing – 11/27/2013
Trelleborg's Progressive Traction Tire Named 'Machine of the Year' 2014
Trelleborg has received the prestigious 'Machine of the Year Award' 2014 for its new ProgressiveTraction technology. The ceremony was held at the leading agricultural exhibition, AGRITECHNICA 2013, in Hannover, Germany on November 12, 2013.
Farm Equipment – 11/20/2013
Deere's Sales Up 5%; Earnings Up 15%
Net income attributable to Deere & Company was $806.8 million, or $2.11 per share, for the fourth quarter ended October 31, compared with $687.6 million, or $1.75 per share, for the same period last year. For fiscal 2013, net income attributable to Deere & Company was $3.537 billion, or $9.09 per share, compared with $3.065 billion, or $7.63 per share, in 2012.
AgriMarketing – 11/20/2013