AGCO Reports Lower Quarterly Earnings
AGCO reported net sales of approximately $2.2 billion for the third quarter of 2014, a decrease of approximately 13.0% compared to net sales of approximately $2.5 billion for the third quarter of 2013.
USAgnet – 10/29/2014
DEUTZ-FAHR begins construction of new production facility
The initial foundations of the DEUTZ-FAHR LAND project were laid on Tuesday, October 14 at Lauingen, Bavaria.
OEM Off-Highway – 10/28/2014
Kubota to Expand Headquarters
Kubota Manufacturing of America (KMA), a leading global manufacturer of small tractors, RTVs and lawn mowers, will expand its headquarters in Gainesville, Ga., creating an additional 650 jobs and investing $100 million into the project over the next several years.
Farm Equipment – 10/28/2014
Toro Company Acquiring BOSS Snow and Ice Management Business
The Toro Company has entered into a definitive agreement to acquire the BOSS professional snow and ice management business of privately-held Northern Star Industries, Inc.
forconstructionpros.com – 10/28/2014
CNH to Cut 150 Jobs at Mount Pleasant Tractor Plant
For the second time in two and a half years, the CNH Industrial plant in Mount Pleasant will be cutting a large number of workers.
Wisconsin Ag Connection – 10/28/2014
Manitou Sales Rise in 3Q
Manitou released its third-quarter 2014 results, indicating a 5 percent increase in sales from the same period in 2013.
Construction Equipment – 10/24/2014
Krone North America Appoints Vice President of Marketing and Sales Support
Krone North America has appointed Laura Lines the new Vice President of Marketing and Sales Support reporting to Tommy Jones, Krone North America President and CEO.
Farm Equipment – 10/24/2014
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced that its Board of Directors declared a regular quarterly dividend of $0.11 per common share to be paid on December 15, 2014 to all stockholders of record as of the close of business on November 14, 2014.
Farm Equipment – 10/23/2014
German engine manufacturer Deutz not to meet full year earnings
German engine manufacturer Deutz Group warned that a third quarter dip in sales revenue and warranty issues concerning its Compact Engines segment meant the company will not meet its previous forecast for the financial year 2014.
World Highways – 10/22/2014
CNH Earns Climate Change Recognition
CNH Industrial N.V. has been awarded with a position on The A List: The CDP Climate Performance Leadership Index 2014. The company's inclusion within the A-band ranking is the result of its being identified as demonstrating a superior approach to climate change mitigation.
AED News – 10/21/2014