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Combines

Adam Reid. (Photo courtesy Buhler Versatile)
Crops, Machinery

Ag equipment firm Buhler Industries shakes up board table

Rostselmash's Babkin steps down, founder Buhler to retire

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Board oversight of Winnipeg farm equipment manufacturer Buhler Industries will now include another of the company’s upper managers, as a co-owner of the company’s Russian parent firm and the company’s founder both step down. Buhler’s board announced Wednesday it has accepted the resignation of Konstantin Babkin, the president and co-owner of Russian holding company Novoe […] Read more
(Cummins.com)
Crops, Machinery, Reuters

Engine maker Cummins says expects ‘some impact’ in Russia

Deere says will abide by sanctions

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Reuters — Diesel engine maker Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday. Many firms have idled operations in Russia after it invaded Ukraine last week, resulting in powerful Western sanctions. […] Read more
Buhler Industries board member Konstantin Babkin, shown here at left with the company’s then-president Dmitry Lyubimov during a visit to the company’s facility in Winnipeg in 2007, is seen as particularly vulnerable to sanction from Canada. (File photo by Dave Bedard)
Crops, Machinery

Equipment maker Buhler distances self from Ukraine invasion

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A Winnipeg farm equipment manufacturer is distancing itself from Russia’s invasion of Ukraine. Buhler Industries, which manufactures the Versatile tractor line and Farm King equipment, is majority-owned by the Russian firm Combine Factory Rostselmash. That firm purchased an 80 per cent stake in Buhler in 2007 and boosted that to 97 per cent ownership in […] Read more
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Machinery, Markets, Reuters

CNH sees revenues rising to 2024 on precision agriculture plans

Margin at agricultural unit seen at 14.5 to 15.5 per cent

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Milan | Reuters — Italian-American vehicle maker CNH Industrial on Tuesday gave guidance for a total revenue growth of up to 24 per cent through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In a bid to focus on its higher-margin agriculture and construction machine businesses, […] Read more
New Holland introduced updated versions of its windrower, the Speedrower Plus series, for model year 2022.
Equipment, Machinery

New Holland introduces the Speedrower Plus

The brand gives its Speedrower line a “ground-up” redesign

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The model year 2022 Speedrower Plus from New Holland made its debut at the U.S. Farm Progress Show last August. The brand calls this latest version of its Speedrower line a next-generation model that has been “redesigned from the ground up.” NH believes the new Speedrower Plus models can provide more productivity and precision in […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Machinery, Markets, Reuters

Vaccine mandate to lead to inflation, empty shelves, trucking executives say

Parallel mandate for U.S. entry starts Saturday

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Ottawa | Reuters — Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of disruptions stemming from a COVID-19 vaccine mandate for cross-border truckers, top trucking executives warned this week. The mandate, imposed by Ottawa to help curb the spread of the virus, has cost six […] Read more
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops, Machinery

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler, […] Read more
(ClaasOfAmerica.com)
Crops, Machinery, Reuters

Claas sees more semiconductor chip snags in 2022

'It's going to be a tough next six months'

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Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, […] Read more
Claas’ current certified pre-owned inventory includes this 2020 Jaguar 990 self-propelled forage harvester, on offer in Nebraska for US$435,000 (about C$559,500). (ClaasUsedEquipment.com)
Crops, Machinery

Claas retools certified pre-owned equipment program

'Claas Used' plan set up for Canada, U.S. markets

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The North American arm of German aq equipment maker Claas has revamped the warranty and financing options it offers on sales of company-inspected pre-owned tractors, combines and forage harvesters. The new program, dubbed ‘Claas Used,’ will offer warranty protection on certified late-model units in Canada and the U.S., along with lower-rate financing through Claas Financial […] Read more

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