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Farming and equipment headlines from around the web
Deere 2Q profit rises, but warns of cost trouble ahead
Deere 2Q profit rises, but warns of cost trouble ahead (5/14/2008 AP) Deere & Co., the world's biggest maker of farm machinery, said Wednesday its second-quarter profit rose 22 percent, propelled by lofty crop prices that stoked global demand. Revenue rose 18 percent to $8.1 billion. Case Construction Equipment Sponsors "Rockin' for the Troops" Concert (5/13/2008 Market Wire) Case Construction Equipment today announced co-sponsorship of the "Rockin' for the Troops" concert to be held at Cantigny Park in Wheaton, Ill., on July 19, 2008. The concert is organized to benefit U.S. troops that are deployed overseas. Titan Machinery Acquires Mid-Land Equipment Company, L.C. (5/12/2008 Business Wire) Titan Machinery Inc. announced today the signing of an agreement to acquire Mid-Land Equipment Company, L.C., with six dealerships in Iowa and Nebraska. The acquisition is expected to close on or about May 30, 2008, subject to closing conditions. CNH Capital Expands Into Puerto Rico (5/5/2008 Market Wire) As part of a strategic growth initiative aimed at developing new markets for its products and services, CNH Capital, today announced that it is now serving equipment dealerships and their customers in Puerto Rico. AGCO Appoints Debra Kuper as General Counsel & Corporate Secretary (5/1/2008 Business Wire) AGCO Corporation, a worldwide manufacturer of agricultural equipment, announced today that it has appointed Debra Kuper as Vice President, General Counsel & Corporate Secretary, effective immediately. Ms. Kuper joined the Company on January 1, 2008.
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