The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler, […] Read more
Versatile tractor maker’s majority owner boosts stake
Russia's Rostselmash raises ownership to almost 97 per cent
Claas sees more semiconductor chip snags in 2022
'It's going to be a tough next six months'
Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, […] Read more
Claas retools certified pre-owned equipment program
'Claas Used' plan set up for Canada, U.S. markets
The North American arm of German aq equipment maker Claas has revamped the warranty and financing options it offers on sales of company-inspected pre-owned tractors, combines and forage harvesters. The new program, dubbed ‘Claas Used,’ will offer warranty protection on certified late-model units in Canada and the U.S., along with lower-rate financing through Claas Financial […] Read more
U.S. tornadoes destroy chickens, tractors, silos
Chicago | Reuters — A Deere dealership and a Pilgrim’s Pride chicken hatchery were destroyed when deadly tornadoes swept through Kentucky on Friday, while silos holding millions of bushels of corn suffered damage, the companies and the state’s agriculture commissioner said on Monday. At least 64 people, including six children, lost their lives in Kentucky […] Read more
Agri-Trade makes welcome return
Reading Time: < 1 minute Agri-Trade Equipment Expo organizers say the return of the Red Deer event was a success with exhibitors and attendees. The exhibit space was sold out and featured “more than 475 booths of the industry’s latest and most comprehensive display of equipment, services and technology,” Agri-Trade said in a release, adding attendees came from across the […] Read more
CNH buys software house NX9 to bolster ag business
Milan | Reuters — CNH Industrial has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it prepares to spin off its truck, bus and engine operations. U.S.-based NX9 is a small software house specializing in so-called ‘ISOBUS’ technology for agricultural equipment, […] Read more
Deere’s striking U.S. workers accept revised offer
Operations to resume Wednesday night, company says
Production and maintenance workers at 14 Deere and Co. plants are expected to return to work starting Wednesday night after voting to approve a new contract. United Auto Workers (UAW), which represents over 10,000 Deere employees in the U.S., said late Wednesday its members voted 61 per cent in favour of new six-year collective bargaining […] Read more
Striking Deere workers set for crucial vote
Equipment maker mulling options
Reuters — About 10,000 striking workers at Deere and Co. will vote again on Wednesday to approve or reject a modified contract proposed by the company, as the longest strike in more than three decades forces the world’s largest farm equipment maker to consider other options. Deere has not publicly commented on changes to its […] Read more
Deere considers rejected offer its “best and final” as strike continues
Reuters – Deere & Co said on Wednesday its latest offer rejected by the United Auto Workers (UAW) union is the U.S. tractor maker’s “best and final offer”, adding that it will keep all options open as the workers’ strike continues. Workers at the Illinois-based company continued their three-week-old strike a day after they voted […] Read more
CNH Industrial, Monarch Tractor agree on electrification technologies deal
Milan | Reuters – CNH Industrial said on Wednesday it had entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S company focused on fully-electric autonomous tractors. The deal marks a further step in efforts by the Italian-American vehicle maker to bolster its agricultural businesses, while preparing to spin-off its […] Read more
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