Ram and Leon Manufacturing made hydraulic cylinders and agricultural equipment, respectively. The family owned companies were both in business for more than 50 years but began having cash flow problems several years ago. Photo: Screencap via archive.org

Buyer found for bankrupt Ram Industries assets

The Yorkton, Sask. company, along with Leon Manufacturing, went into receivership last year after more than 50 years in business

The company was placed in receivership last June, ordered bankrupt in late January and on Feb. 27 the Court of King's Bench approved the sale to 102203996 Saskatchewan Ltd. for an undisclosed price.


Trevor Thiessen of Redekop Manufacturing explains the company’s straw chopper to a farmer from Oregon at the Commodity Classic in Denver, Colorado, March 4. Redekop and other Canadian manufacturers are adjusting to 25 per cent tariffs on goods exported to the United States. | Robert Arnason photo

Prairie equipment manufacturers adjust to tariffs

Some ag equipment makers moved U.S.-bound machines south before tariffs were imposed

In 2023, Saskatchewan exported about $834 million worth of agricultural equipment to the United States. A portion of those exports were straw choppers and weed seed control units, manufactured by Redekop at its plant near Saskatoon.




(Deere.com)

Deere misses revenue estimates on subdued farm equipment demand

Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says

Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.





Buhler Industries’ Versatile Nemesis 235 tractor. (Versatile-ag.com)

Buhler Industries going private

Winnipeg tractor and implement maker will be delisted from the TSX

Winnipeg's Buhler Industries, which makes Versatile tractors, Farm King augers, and other farm implements, will be privately owned by a Turkish firm under a proposed deal.

Photo: Piotr Swat/SOPA Images via Reuters Connect

CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales

Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets in 2025, sending its shares down 3.7 per cent before the bell. The Basildon, UK-based company expects 2025 adjusted earnings to be in the range […] Read more