machinery Archives - Page 8 of 21 - Manitoba Co-operator

Bourgault becomes third shortliner acquired by Linamar since 2017

Leadership say they want to double the business of the maker of Highline equipment and Freeform Plastics

By GFM Network News, Scott Garvey December 21, 2023

In 2017 Linamar, a company best known as an auto parts manufacturer, purchased Winnipeg-based header and swather manufacturer MacDon. It followed that up by bringing implement brand Salford into its fold in 2022. In late December the company announced it is now adding Saskatchewan-based air drill manufacturer Bourgault into its family of shortline ag equipment brands.

Buhler Industries’ Versatile Nemesis 235 tractor. (Versatile-ag.com)

Buhler Industries finds new majority shareholder in Turkish firm

Saskatchewan's Bourgault Industries changes hands

By Geralyn Wichers, GFM Network News December 21, 2023

It was a big week for western Canadian machinery manufacturers as Winnipeg-based Buhler industries inked a deal that will see a Turkish company purchase its majority stake, and Guelph-based manufacturer Linamar Corporation acquired Saskatchewan’s Bourgault Industries.

(Luca Piccini Basile/iStock/Getty Images)

Tractors continue unusually strong sales in November

Many types of machinery have seen price hikes of around 30 per cent or more

By GFM Network News, Jeff Melchior December 12, 2023

The growing price of farm equipment is not dissuading farmers from buying new machinery, according to the latest data from the Association of Equipment Managers (AEM).

Markets

Equipment sales expected to soften in 2024

Interest rates, equipment prices and commodity prices will all play a role, says FCC

By GFM Network News, Jeff Melchior November 16, 2023

According to FCC's 2024 outlook for the Canadian farm equipment market, new sales are projected to be softer in 2024 based on three factors: higher interest rates, elevated equipment prices and a decline in commodity prices.

News, Other

Mazergroup executive joins equipment dealers’ board

North American Equipment Dealers Association adds Manitoba name

By Manitoba Co-operator Staff June 16, 2023

The chief financial officer for Manitoba-based Mazergroup has joined the board of the North American Equipment Dealers Association. The association announced June 2 it had elected four new members to its board, including Wally Butler, chief financial officer for the Brandon-based equipment dealership chain. NAEDA, an advocacy organization for retail equipment dealers, is based in Kansas City and has a Canadian office in Calgary.

A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File

CNH Industrial beats profit estimates, confirms outlook despite recession fears

By GFM Network News July 29, 2022

Milan | Reuters – Agricultural and construction machine maker CNH Industrial CNHI.MI beat estimates on Friday with a 14 percent rise in industrial operating profit in the second quarter and confirmed its full year outlook despite bracing for a global recession. “Whether we face a global recession in 2023 is up for debate, but we

Anti-tank ‘hedgehogs’ are seen in Maidan Nezalezhnosti Square in Ukraine’s capital, Kyiv, on March 9, 2022. Farmers are among those assembling the obstacles, set up to block roads against advancing armoured vehicles. (Yevhen Kotenko/Ukrinform/Abacapress.com via Reuters)

Crops

Bread and war: Farmers in the fight for Ukraine

Agriculture, being the most important industry in Ukraine, will play a large part in the war, a Ukrainian ag journalist writes

By GFM Network News March 10, 2022

It is very difficult to explain what a person feels when they’re awakened at 5 a.m., when a rocket explodes near their house. That’s exactly what I experienced Feb. 24. The first thing I did was fill my car with gasoline. Then we bought a lot of products we thought we might need — medicines

File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

Pandemic border protests strand cattle and car parts

By GFM Network News, Julie Gordon, Rod Nickel February 8, 2022

Ottawa | Reuters — Protests in Canada against vaccine mandates have disrupted two key U.S. border crossings, and are snarling hundreds of millions of dollars daily of trade, ranging from cattle to car parts. Demonstrations who at first demanded an end to federal COVID-19 vaccine mandates for cross-border truck drivers began Jan. 28 in the

A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)

Other

CNH Industrial bets on strong market to counter worst supply chain situation

By GFM Network News July 30, 2021

Milan | Reuters – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it offset a severe impact from supply chain constraints. “It’s the worst supply chain situation I’ve seen in my career,” Chief Executive Scott Wine told analysts.

Machinery, News, Other

Racing an analogy for battery-powered tractors

Producing renewable electricity from farm biomass would be the ultimate closed loop

By Geralyn Wichers May 5, 2021

For an analogy on the advancement of battery-powered machinery, Dennis St. George turns to car racing. Formula E is an all-electric car racing league formally known as the ABB FIA Formula E World Championship. Its first season began in 2014. Better battery technology will eventually find its way into farm equipment. Its cars bear great resemblance to

Daily Network News

U.S. to seek more foreign tariff cuts, CUSMA improvements in 2026

Iran conflict drives up urea prices

Speculative net long position grows in canola

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