Industry News

CNH Global rebuilding Case dealer network in Florida
Dow Jones via Wall Street Journal (March 9, 2010) - Farm and construction machinery manufacturer CNH Global N.V. has assembled an investor group to sell its Case-brand equipment in Florida starting in May, restoring a key piece of CNH's dealer network in the Southeast.

KIOTI Tractor hosts successful 2010 Dealer Meeting
AgriMarketing (March 9, 2010) - KIOTI Tractor, a division of Daedong Industrial Company Ltd, recently held their Annual Dealer Meeting in Raleigh, N.C., on February 23-25, 2010. With over 200 representatives from 115 dealerships in attendance, the meeting was extremely productive.

Biodiesel, ethanol may team up to seek long-term tax credits
Successful Farming via Agriculture Online (March 7, 2010) - As Congress finishes work on a second jobs bill, the biodiesel industry may soon get its $1-a-gallon tax credit that expired last year restored. But because it's a tax credit that must be renewed annually, the soy-based fuel plants that are operating at only 14% capacity will have to go to Congress again for support.

Two ASABE Agricultural Equipment Standards are being revised
ThomasNet News (March 5, 2010) - ASABE and AEM are working to revise ANSI/ASAE S279.14, Lighting and Marking of Agricultural Equipment on Highways. Possible additions may be to incorporate rotary beacons or strobe lights as well as LEDs on agricultural equipment.

Challenging conventional wisdom on cap and trade
Successful Farming via Agriculture Online (March 5, 2010) - At the Commodity Classic in Anaheim, California, Friday, a Washington expert who works with farmers on carbon policies tried to shatter some myths about cap and trade legislation still being considered in Congress.

Pioneer to build $55-million soybean facility in Southeast Mo.
AgProfessional (March 4, 2010) - DuPont and the state of Missouri announced that Pioneer Hi-Bred plans to construct a commercial and parent soybean seed production facility in New Madrid County, Mo. The $55-million project is one of many expansions Pioneer is making to ensure it meets rising demand for its products and helps farmers meet the strong global demand for grain.

AGCO partners with Atlantic and Southern Equipment
Equipment World (March 3, 2010) - AGCO Corporation partnered with Atlantic and Southern Equipment to provide sales, parts and service for AGCO's Challenger and application equipment products throughout Alabama and northwest Florida.

CNH opens large factory in Brazil
Milwaukee Journal Sentinel (March 8, 2010) - CNH Global, a Racine manufacturer of farm tractors and construction equipment, has opened a factory in Brazil that will employ 3,000 people.

CNH Global names new CFO
Milwaukee Business Journal (March 8, 2010) - CNH Global NV, parent of Case operations in Racine, said Monday that it has appointed Richard Tobin as its new chief financial officer, replacing interim CFO Steve Bierman.

JCB pledges $100,000 worth of support for Chilean quake victims
AgriMarketing (March 4, 2010) - JCB Chairman Sir Anthony Bamford has pledged assistance worth $100,000 to help in the rebuilding efforts in the wake of the Chilean earthquake disaster.