Reading Time: < 1 minute Excellence in Manufacturing Consortium is opening its Member Needs Help service to all Canadian manufacturers to help them navigate the U.S./Canada trade crisis.
Tag Archives manufacturing
EMC unveils Canada/U.S. trade relations service
Non-profit asks manufacturers to pose questions, provide answers
Leon Manufacturing for sale
Yorkton manufacturer's assets for sale as part of receivership process
Reading Time: < 1 minute The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million.
Watching a new world order unfold
How much damage is 2022 doing to global supply chains for equipment manufacturers?
Reading Time: 6 minutes I remember watching the start of the 1970s BBC series The World at War. The screen showed the wreckage of a French village. Over it, Lawrence Olivier entoned, “Down this road in 1944, the soldiers came. When they left, a community which had lived for a thousand years was dead.” If such a documentary was […] Read more
CNH to temporarily shut several plants in Europe
Eight-day shutdown due to supply disruptions
Reading Time: < 1 minute Reuters — Italian-American vehicle maker CNH Industrial said Wednesday it will temporarily shut several of its European agricultural, commercial vehicle and powertrain manufacturing facilities due to the disruptions of procurement of components, including semiconductors. The maker of farm machinery, Iveco commercial vehicles, construction equipment and powertrains plans to shut the concerned plants for eight working […] Read more
Deere lifts 2021 forecast on solid equipment demand
Reading Time: 2 minutes Reuters — Deere and Co. on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of strong demand for farm and construction equipment. The world’s largest farm equipment manufacturer now expects net income in fiscal 2021 to be between $5.7 billion and $5.9 billion, up from a range […] Read more
A “manual” for the farm
Luke Sheppard’s lessons from 20 years at Deere
Reading Time: 5 minutes What do you get when a John Deere insider writes about business? Well, this is no run-of-the-mill self-help book. It’s designed and written just like that tractor service manual on your shop shelf. It’s packed with specific instructions, diagrams and spreadsheets, all designed to help the reader take logical steps and methodically correct problems or […] Read more
AGI to buy into soil microbe breeding firm
Machinery maker to take minority stake in MyLand
Reading Time: 2 minutes A U.S. company ramping up a system to harvest, reproduce and restore beneficial microbes from a field’s own soils, as a way to restore peak fertility, expects to get backing soon from a Canadian farm equipment maker. Winnipeg-based Ag Growth International (AGI) said Monday it has signed a conditional letter of intent with Phoenix-based MyLand […] Read more
Alberta ag lender drops rural business loans
AFSC not taking new applications for program
Reading Time: < 1 minute A program offering term loans to small- and medium-sized businesses in rural Alberta is off the provincial ag lending agency’s menu. Alberta’s Agriculture Financial Services Corp. (AFSC) announced Thursday it had discontinued its Rural Business Loan Program effective immediately, so as to “concentrate its efforts on agricultural producers and agribusinesses.” The decision means no new […] Read more
Court approves Morris Industries’ sale to Rite Way
Yorkton plant, not included in deal, to close
Reading Time: 3 minutes Seeding equipment manufacturer Morris Industries has been approved for sale to another Saskatchewan manufacturer — minus its Yorkton manufacturing plant, which is not part of the sale and is now expected to close by year’s end. Judge Shawn Smith of Court of Queen’s Bench in Saskatoon on Friday approved the sale of Morris to a […] Read more
Buhler pulls Farm King manufacturing back to Canada
Work to halt at Minnesota plant early next year
Reading Time: 2 minutes Winnipeg farm equipment maker Buhler Industries is relocating its Farm King manufacturing work back to Canada from the U.S. this winter. After consolidating its U.S. manufacturing this summer into one plant at Willmar, Minn., about 140 km west of Minneapolis, the company said Thursday it will also halt production at Willmar in early 2021. Buhler, […] Read more
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