CNH Industrial first quarter results mark steep agricultural decline
As part of its first quarter 2020 financial results announcement, CNH Industrial noted worldwide agriculture industry demand was significantly down. Global demand for tractors was down 15 per cent and combines down 11 per cent. The demand slowdown for tractors in the month of March alone was some 36 per cent. In North America, tractor […]
John Deere lays off staff as COVID-19 hits harder in the US
John Deere has paused production at its Davenport and Dubuque, Iowa, plants and is laying off 159 workers. The reduction follows layoffs of 105 workers in Dubuque earlier this year. Both facilities manufacture construction and forestry products, which Deere had projected a 10 to 15 per cent reduction in net sales worldwide for that segment […]
Komatsu pro-actively responds to pandemic
Komatsu is a major supplier of below and above ground heavy machinery and during the course of the COVID-19 pandemic it has seen a greater emphasis on agile supply chain methods, a ramping up of E-commerce ordering, greater reliance on sophisticated machine monitoring allied to customer support centres, and the flexible deployment of key staff […]
Continental wins OEM tyre deal with John Deere
Following a comprehensive audit of its Portuguese manufacturing plant, Continental has inked a partnership deal with John Deere to supply its Tractor 70 and Tractor 85 tyres for the John Deere 6MC, 6RC, 6M and 6R mid-sized tractor ranges. The OE approval provides for 30 different sizes of Continental’s agricultural tyres to be aufitted to […]
New Holland restructures management team for 2020
Bruce Healy, managing director of Iveco Australia/New Zealand for the past two years, takes the helm as Brand Leader for New Holland’s Australian and New Zealand operations, as the badge sets for growth in 2020. The appointment is effective from 1 February 2020 at the CNH Industrial St Mary’s HQ in Sydney NSW. And while […]
CNH Industrial buys ATI Track Systems
CNH Industrial (CNHI) has purchased ATI Inc. an Indiana-based US manufacturer of rubber track systems for high-power tractors and combines. With ATI Track Systems under its belt, its expected CNHI will add the tracks to its Case IH combines in late 2020, and available for retrofit for the 2020-21 harvest season. Reducing compaction and getting […]
CommBank Christmas Drought Appeal attracts a $1 million donation
Announced on National Agriculture Day, Commonwealth Bank has launched the 2019 Christmas Drought Appeal with a $1 million donation to help support farmers and communities across the country who have been devastated by recent and unrelenting droughts. Every dollar of the CommBank Christmas Drought Appeal will directly support Rural Aid and the Australian Red Cross […]
K-Line sold to CNH Industrial as it digs deeper into tillage implements
CNH Industrial (CNHI ) has purchased local agricultural equipment manufacturer K-Line Ag in a move that adds to its portfolio of all-Aussie made tillage and planting models. This follows the CNHI purchase of Aussie icon Horwood Bagshaw, based in Mannum SA in 2018. Best known Horwood Bagshaw lines include their Scaribar, PSS seed bar, air […]
Kemin rebrands for the future
Kemin Industries, a global ingredient manufacturer, has rebranded with a new logo and new vision for the future. The company has operations on six continents and a portfolio of more than 500 specialty ingredients. It hopes to extend its reach into the lives of the majority of the world’s population by 2042. “By using our […]
Australian Precision Ag Laboratory welcomes a new partner
Independent laboratory Australian Precision Ag Laboratory (APAL) has welcomed a new partner into the business with the arrival of Sam Bald as co-managing director. The move sees APAL establishing an office in Melbourne, where Mr Bald is based, adding to its existing offices and labs in Adelaide and Perth. Mr Bald will focus on business […]