Deere (NYSE:DE) is looking to extend more credit to African farmers who have traditionally made purchases in cash amid a “dramatic shift” in mechanization as the continent seeks to boost food production. The company lends as much as $70M to individual African farmers, said Antois van der Westhuizen, financial director for sub-Saharan Africa. “The more we finance,… Read More »
In light of the June Supreme Court Decision more and more states are enacting laws that require dealers to collect and remit sales tax on transactions in their state even if the dealership has no physical presence in that state. Add Alabama, Illinois, Indiana, Kentucky, Michigan, Minnesota, New Jersey, North Dakota, Washington and Wisconsin to… Read More »
Lean Initiatives, Mixed Model Manufacturing and Glass Technology Leads to Greater Quality, Efficiency for Farm Equipment Manufacturer AGCO Jackson Operations, the Minnesota-based manufacturing center for AGCO Corporation (NYSE:AGCO), a worldwide distributor and manufacturer of agricultural equipment, has been named the 2017 Assembly Plant of the Year. The Jackson facility manufactures complex, custom-configured Challenger® and Massey… Read More »
AGCO Corporation has announced a new digital partnership with The Climate Corporation, a subsidiary of Monsanto Company, that will provide Agco customers the option to connect with The Climate Corporation’s Climate FieldView platform. The partnership is a product of Fuse and its open approach to agriculture, helping customers optimize farms through seamless technology integration and connectivity…. Read More »
In three years, farmers could be using methane produced on their farms to fuel New Holland methane-powered tractors. [More]
AGCO (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and The Climate Corporation, a subsidiary of Monsanto Co. (NYSE:MON), announced today that a definitive agreement has been signed for AGCO to acquire the Precision Planting LLC equipment business. “Precision Planting is a strong business that plays an essential role in the growth and adoption of… Read More »