Financing volume for business equipment purchases grew by 16.7% in July, the largest increase in two years, according to a survey of banks and finance companies.
Net income attributable to Deere & Company was $617.0 million, or $1.44 per share, for the third quarter ended July 31, compared with $420.0 million, or $0.99 per share, for the same period last year.
Media reports that consumer confidence, retail prices, retail sales all increased recently in the U.S., potentially good news for rural lifestyle dealers.
AGCO Corp. announces the introduction of AGCO Compare, an online service to make evaluating new competitive farm equipment easier for farmers, ranchers and rural consumers.
Yamaha Motor Corp., U.S.A., has received Field & Stream magazine’s “Best of the Best” award for the new 2011 Grizzly 450 with Electric Power Steering (EPS).
Two John Deere dealerships have merged, creating a company with four locations in Vermont and New York. Hendy Bros. and Giroux Bros. have merged to create a new company, Mountain View Equipment.
Indianapolis-based Precise Path Robotics, which makes robotic lawn mowers, received $4.5 million in private funding from investors, including Charlie Staples, who has owned and operated more than 80 golf courses in his 30-year career.
Source: Sudeep Redy and Robin Sidel, The Wall Street Journal
A recent survey by the Federal Reserve found that banks loosened lending standards and terms in the second quarter despite little change in demand for consumer and business credit.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.