Strong sales of a limited-edition tractor line helped offset tighter margins and generally lower demand in fiscal 2016 for farm equipment manufacturer Buhler Industries. The Canadian company last Thursday booked a net loss of $2.7 million on $274.1 million in sales for its year ending Sept. 30, 2016, up from a $5.3 million loss on […] Read more
Buhler trims net loss, expects improved sales
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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VIDEO: Big Roy, the finale
Reading Time: < 1 minute After months of restoration work, Versatile finally let Big Roy out from behind closed doors at a special event in early July. The company held a reception for buyers of the Legendary Limited Edition tractors at its Manitoba R&D facility, and gave those customers, some special guests and the media a first official look at the restored Big Roy. Drone[...]
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VIDEO: eQuipTV: “Big Roy” 3: A tractor ahead of its time
Reading Time: < 1 minute Scott Garvey pays another visit to the Versatile plant in Winnipeg to get an update on Big Roy’s restoration and gets some history on the big eight-wheel-drive tractor from Grant Adolph, Versatile’s COO. Video editing by Greg Berg.
VIDEO: e-QuipTV: “Big Roy” 2, the restoration continues
Soon-to-be-completed restoration will see the big Versatile returned to the Manitoba Agricultural Museum in Austin
Reading Time: < 1 minute Grainews returns to Versatile’s R&D shop in Winnipeg to check in on Big Roy’s progress, and we talk to Adam Reid, Versatile’s marketing manager, about what else the company has in store for its 50th anniversary celebrations. Video editing by Greg Berg.
Equipment maker Buhler books year-end loss
Weak commodity prices and political unease in Eastern Europe have led to a year-end loss for Canadian farm equipment and Versatile tractor maker Buhler Industries. Winnipeg-based Buhler on Tuesday reported a net loss of $5.3 million on revenues of $245.7 million for its year ending Sept. 30, down from a $12.5 million profit on $325.5[...]
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VIDEO: Eight-wheel drive tractor “Big Roy” begins restoration at Versatile
Reading Time: < 1 minute As part of its 50th anniversary celebrations, Winnipeg-based Versatile brought its model 1080 prototype eight-wheel drive tractor, dubbed Big Roy, home for a makeover. Although it’s now officially owned by an agricultural museum, the tractor will play an as-yet unspecified role in Versatile’s celebrations through public appearances arranged by the brand this coming season. Age[...]
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Ag equipment maker Buhler cutting production, staff
Winnipeg farm equipment manufacturer Buhler Industries is reducing its workforce and paring back production ahead of an expected drop in farm incomes. The company, whose brands include Versatile tractors and Farm King implements, announced its first-quarter financials Friday for the period ending Dec. 31, booking net profit of $1.5 million on fourth-best quarterly revenue of[...]
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Buhler books near-record sales
Winnipeg tractor and farm equipment maker Buhler Industries logged 2014 as its third-biggest sales year ever, but expects lower commodity prices to weigh on next year’s results. Buhler last Wednesday reported year-end profit of $12.5 million on $325.5 million in sales, down from its record net ($19.9 million on $340.3 million in sales) in 2013[...]
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