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Machinery and Shop — page 2

Equipment, Machinery & Shop, Machinery and Shop

New truck tire brand hits the market

Nextroad brand jumps into the Canadian marketplace

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Prometeon Tyre Group, the parent company of the well-known Pirelli tire brand, is introducing another name to the U.S. and Canadian markets: the Nextroad range of heavy truck tires. As an initial offering, Nextroad will produce 295/75R22.5 and 11R22.5 tire sizes. Beginning in the first quarter of 2020 it will add 11R24.5 to its portfolio. […] Read more

Machinery & Shop, Machinery and Shop

John Deere 7R versus 8R tractors

With overlapping horsepower ranges, what’s the difference between them?

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Across Western Canada, most John Deere dealers will likely tell you that on their lots, 8R tractors far outsell the 7Rs. Given that these two model ranges have overlapping horsepower ranges, what is it that each series offers that might be a better fit to each potential buyer? That was a question that marketing staff […] Read more

CN train
Crops, Machinery, Reuters, Weather

Propane shortage looms as CN strike hits third day

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Winnipeg/Ottawa | Reuters — Shippers scrambled to shift freight onto trucks on Thursday as a strike at Canada’s biggest railroad, Canadian National Railway, hit its third day, leaving the critical fuel propane and other goods stranded. Some 3,200 unionized employees, including conductors and yard workers, hit picket lines on Tuesday in the biggest such action […] Read more
Crops, Machinery

U.S. manufacturer buys control of DOT Technology

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A made-in-Canada self-guiding farm equipment platform has sold control of itself to one of its U.S. investors. Sioux Falls, S.D. precision agriculture manufacturer Raven Industries announced last week it has closed its deal to buy majority ownership in Regina-based DOT Technology Corp. for an undisclosed sum. DOT said the deal will allow it to “further […] Read more
Machinery, Reuters

CNH Industrial cuts revenue guidance for second time

Company sticks to earnings per share forecast

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Milan | Reuters – Italian-American machinery maker CNH Industrial trimmed its forecast for full-year revenue for a second time this year after lower sales volumes and exchange rate factors weighed on results in the third quarter. CNH Industrial, which makes most of its profit from farming machinery, Iveco commercial vehicles, construction equipment and powertrains, said net sales of […] Read more