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Farming sector profits rose 25% in 2011, says NFU
The UK's farming sector saw its overall profit rise by 25% last year, according to the National Farmers Union (NFU).
May 21, 2012 – BBC News
Eaton to Buy Cooper for $11.8 Billion as Power Unit Grows
Eaton Corp. agreed to buy Cooper Industries Plc, a maker of electrical-distribution equipment, in a transaction valued at $11.8 billion to expand its power- management business and tap into a U.S. housing recovery.
May 21, 2012 – Bloomberg]
Volvo CE Confident of Sustained Recovery in the United States
Volvo CE president and chief executive Pat Olney has used a press conference in Miami to confirm his belief that the recovery in the North American construction equipment market is gathering momentum.
May 18, 2012 – Compact Equipment
GE To Dig Deeper In Mining
GE announced that it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business.
May 18, 2012 – Diesel Progress
Mahindra USA Announces The "Women In Agriculture" Scholarship Winners
Mahindra USA, Inc. today announced the winners of its 2011 / 2012 scholarship program benefiting young women studying agriculture, the Mahindra Tractors "Women in Ag" Scholarships.
May 18, 2012 – Agri Marketing
Pioneer Hi-Bred To Hire Add More Agronomy Experts
Pioneer Hi-Bred, a DuPont business, is expanding its team of agronomic experts to ensure that farmers have access to even more product information and agronomic support.
May 18, 2012 – Agri Marketing
D.C. Watch: Work continues on farm bill
There is still work going on behind the scenes on the new farm bill. The architects of the Senate proposal, Senators Debbie Stabenow, D-Mich., and Pat Roberts, R-Kan,, say they are open to changes to the bill as long as they fit within the budget.
May 17, 2012 – AG Professional
John Deere Updates Its 2012 Outlook
Company equipment sales are projected to increase by about 15 percent for fiscal 2012 and by about 25 percent for the third quarter compared with the same periods a year ago.
May 17, 2012 – Agri Marketing
Texada Announces Dealership Agreement With LiuGong Construction Machinery
Texada Software Inc., has announced the signing of a dealership agreement with LiuGong Construction Machinery through its wholly owned subsidiary, Noble Equipment, Inc.
May 16, 2012 – Construction Equipment Guide
Caterpillar Plans $37M Visitor's Center
The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum.
May 16, 2012 – Construction Equipment Guide
Atlas Copco - Sacramento Celebrates Grand Opening of new Store
The Atlas Copco branch in West Sacramento celebrated its grand opening April 13 with an off-site demonstration of several new surface drill rigs in the morning, and a catered reception in the evening.
May 15, 2012 – Construction Equipment Guide
Plowing New Ground In Brazil
South Korean manufacturer LS Mtron said it has signed a protocol of intentions with the government of Santa Catarina State, Brazil, to install a tractor plant in the city of Guaruva.
May 15, 2012 – Diesel Progress
Art's Way Closes Acquisition Of Universal Harvesting
Art's Way Manufacturing Co., Inc., a leading manufacturer and distributor of agricultural machinery, equipment, and services, announces that it has completed its acquisition of assets from Universal Harvester Co., Inc.
May 15, 2012 – Agri Marketing
FFA Names 50 Individuals As The 2012 New Century Farmers
The National FFA Organization has selected 50 outstanding young people to participate in the 2012 New Century Farmer program. This exclusive, highly competitive program develops young men and women committed to pursuing a career in production agriculture.
May 15, 2012 – Agri Marketing
Ag Groups Urge Rail, Waterways Measures in Transport Bill
The conference process for divergent House- and Senate-passed surface transportation bills began last week with a public hearing that was dominated by opening statements and calls for passage of a long-term bill.
May 14, 2012 – USAg Net
Buhler Industries Sales Up 43%, Profits Rise 68%
Sales for the quarter were the highest ever recorded by the Company in one quarter.
May 14, 2012 – Agri Marketing
Atlas Copco appoints Nitin Lall as new GM
Atlas Copco (India) has announced the appointment of Nitin Lall as general manager of the company's newly setup construction technique customer centre in India. He will take up the post with immediate effect.
May 14, 2012 – Construction Week Online
CNH Proposes $3 Million Expansion to Fargo Tractor Plant
A tractor plant in Fargo is requesting a five-year tax break on an addition that owners say will add 48 jobs with an annual payroll of more than $3 million.
May 14, 2012 – Farm Equipment Magazine
It's Week Two: AG CONNECT 2013 Is Revealing More Masters & Mavericks!
It's May 14 and Week Two of the Masters & Mavericks campaign on Facebook and Twitter.
May 14, 2012 – AEM
PPI growth for materials lows in March; recent data imply declines; steelmakers expand
The producer price index (PPI) for finished goods climbed 0.3%, not seasonally adjusted (but fell 0.2%, seasonally adjusted) in April and 1.9% over 12 months. The short-term outlook for materials costs looks relatively benign. Steel manufacturers are building capacity. Timken broke ground in late April on a $225 million plant expansion in Canton, Ohio.
May 14, 2012 – AEM
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