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Machinery

(BriggsandStratton.com)
General, Machinery

Briggs + Stratton filing for reorganization, courting buyers

Stalking-horse deal in place with private equity firm

By ,
U.S. outdoor power equipment maker Briggs + Stratton has locked in a stalking-horse buyer for its assets as it seeks a court-supervised reorganization. The Milwaukee-based company announced Monday it has a stock and asset purchase agreement in place with New York private equity firm KPS Capital Partners, best known as an investor in manufacturing companies. […] Read more
(Dave Bedard photo)
General, Reuters

Feds proposing to expand wage subsidy program

By ,
Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
(TopconPositioning.com)
Crops, Machinery

Brandt closes GeoShack deal, locks up Topcon sales in Canada

Tractor company revives Ontario deal

By ,
A deal to make Brandt Tractor the exclusive dealer for Topcon geopositioning equipment clear across Canada has been resuscitated. Regina-based Brandt announced Tuesday it has closed its previously-announced deal to buy the assets of GeoShack Canada — two weeks after Dallas-based GeoShack declared that “a mutually beneficial deal… has not been attained.” GeoShack has been […] Read more
(TopconPositioning.com)
Crops, Machinery

Brandt deal for Topcon distributor in Ontario falls through

GeoShack says will remain 'independently owned'

By ,
A proposal that would have made farm equipment maker Brandt the exclusive dealer for Topcon GPS equipment in Canada has fallen through without a sealed deal. GeoShack Canada, the “master dealer” for TopCon equipment in Ontario through its locations in Toronto, Ottawa and London, announced Tuesday that a completed acquisition by the Regina-based Brandt Group […] Read more
(Dave Bedard photo)
Crops, Machinery

Co-op Refinery, union reach tentative labour deal

Proposal now goes to ratification vote

By ,
The operators of one of Western Canada’s biggest fuel refineries have reached a tentative deal with the union representing workers locked out since December. The deal, if ratified in an employee vote, would end the lockout at Federated Co-operatives’ (FCL) Co-op Refinery Complex (CRC), a major bulk fuel supplier to farmers and rural co-ops across […] Read more
(TopconPositioning.com)
Crops, Machinery

Brandt buys GeoShack’s Ontario business

Deal makes equipment firm the exclusive Topcon dealer for Canada

By ,
Farm, forestry and construction equipment maker Brandt is about to buy itself a lock on the market for Topcon GPS equipment in Canada. The Regina-based Brandt Group announced Wednesday it has reached a deal to buy the assets of GeoShack Canada Co. and the Canadian assets of Inteq Distributors, both owned by Dallas-based Ultara Holdings. […] Read more
Morris’ Quantum Air Drill had its first public appearance at Canada’s Farm Progress Show and its formal launch at Ag in Motion in 2018. (Grainews photo by Scott Garvey)
Crops, Machinery

Rite Way proposes to buy Morris Industries

Regina farm equipment maker draws up letter of intent

By ,
Cash-crunched seeding equipment maker Morris Industries has been handed a letter of intent to purchase, from a Saskatchewan suitor with a farm equipment company of its own. Calgary consultancy Alvarez and Marsal said in a report Tuesday it received a letter of intent for a “proposed sale transaction” from Superior Farms Solutions Ltd. (SFSL), the […] Read more
Tires versus tracks: separating fact from fiction
Machinery

Tires versus tracks: separating fact from fiction

Experts weigh in on tires, tracks and minimizing soil compaction

By
If conversation slows in a room full of farmers, three little words can ramp up a rowdy discussion: tracks or tires? Tracks have gained loads of attention and growing popularity over the past decade. However, does science back up their many supposed benefits, especially when it comes to minimizing soil compaction? Partial fact: Tracks produce […] Read more
Ontario-based AgriBrink offers an ultra-rapid, on-the-go tire pressure change system.
Features, Machinery

How often should you check tire pressure and why does it matter?

You could be risking your soil health, crop yield and operating efficiency

By
Quick quiz: when was the last time you checked your equipment’s tire pressure? Very few farmers manage the recommended weekly tire pressure checks; even fewer meet the ideal of a daily pressure check. The result? Tire experts agree that almost all western Canadian farmers routinely operate at damagingly incorrect p.s.i. The results are quietly costing […] Read more

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