Canada’s biggest farm equipment dealership chain has made a deal to take itself private after almost 13 years on the TSX. Rocky Mountain Dealerships (RME) announced Monday it has an agreement in place with a numbered Alberta company controlled by CEO Garrett Ganden and board chairman Matthew Campbell, for 100 per cent of RME at […] Read more
Equipment dealer chain Rocky Mountain to go private
Publicly traded CNH dealer's top brass make offer
New Holland ultra-dealer expands Saskatchewan reach
Mazergroup takes up Dave Marshall's three operations
Manitoba New Holland ultra-dealership Mazergroup is expanding its reach further into eastern Saskatchewan with a deal to buy three dealerships there. Brandon-based Mazergroup announced Tuesday it has assumed ownership of Yorkton New Holland, Raymore New Holland and Watrous New Holland, effective Sept. 1. The three operations’ dealer principal, David Marshall, had bought the former Bolt […] Read more
CNH Industrial replaces CEO, sticks with spinoff plan
Chairman Suzanne Heywood becomes interim CEO; CFO also leaving
Updated, March 24 — Milan | Reuters — The chief executive of CNH Industrial is leaving with immediate effect, the industrial vehicle maker said on Monday, less than two months after a profit warning. CNH said board chair Suzanne Heywood would replace Hubertus Muhlhauser as CEO until a permanent replacement was found. A source close […] Read more
CNH to list truck and bus business in break-up
Milan | Reuters — Industrial vehicle maker CNH Industrial has decided to split in two and list its truck, bus and engine division in an effort to boost asset values and streamline its businesses. The plan comes just six years after CNH Industrial was created when Fiat Industrial — spun off from the Italian carmaker […] Read more
CNH begins 3D-printing spare parts
In a twist on the idea of ordering parts online, the parent firm for New Holland and Case IH is trying out the use of 3D printing to make plastic — and eventually metal — spare parts. British-based equipment manufacturing giant CNH Industrial said Monday it has already produced its first 3D-printed spare parts, making […] Read more
New Holland buying into tillage equipment market
U.S. ag equipment giant New Holland is set to enter the tillage equipment business and stretch out its space in the hay and forage market, with a deal for Danish manufacturer Kongskilde Industries. New Holland’s parent CNH Industrial on Monday announced it will buy Kongskilde’s agricultural “grass and soil” business from Dansk Landbrugs Grovvareselskab (DLG […] Read more
What’s new in tractors
A roundup of the recent tractor introductions and updates making news this fall
There’s been no shortage of news this season when it comes to new tractor model unveilings and improvements to existing machines. Virtually every brand had something new to show off this year on that front. Many of those new machines debuted at the U.S. Farm Progress Show in Boone, Iowa, in August. To help you[...]
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Manitoba New Holland dealers soon all in one chain
Farmer fans of the New Holland brand in Manitoba will soon be dealing with just one company in the province for new and used equipment, service and parts. Brandon-based Mazergroup on Thursday announced it’s signed a letter of intent to buy the assets and operations of Southeastern Farm Equipment — the lone New Holland dealer[...]
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CNH to cut, lay off staff in Saskatoon
Under pressure from “market conditions,” farm equipment giant CNH plans both job cuts and layoffs at its Flexi-Coil seeding and tillage equipment plant in Saskatoon. CNH Industrial said in a statement it will begin cutting 75 full-time positions at the plant in May. Employees were informed Monday of the coming cuts, the company said. Another[...]
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Case IH, New Holland launch pre-owned certification
CNH’s Case IH and New Holland farm equipment divisions have launched their own Certified Pre-Owned (CPO) programs, allowing farmers in Canada and the U.S. to buy eligible used late-model combines and tractors with warranty coverage. For Case IH, the CPO program announced Friday will provide buyers with warranties and financing on pre-owned late-model Steiger and[...]
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