OPEI has partnered with its Washington, D.C.-based legislative counsel Kelley Drye Warren to provide members with guidance on the Coronavirus, Aid, Relief, and Economic Security Act (The CARES Act), which was signed into law last weekend.

Five top executives at Briggs & Stratton Corp. will take a combined annualized $1 million cut to their base salaries in response to the Coronavirus pandemic.

Congressional negotiators have reached a bipartisan agreement on a nearly $2 trillion emergency relief package on Wednesday, in response to the COVID-19 pandemic. AEM staff has provided an initial overview of key appropriations provisions that impact equipment manufacturers.

Titan International, manufacturer of Titan Tires, Titan Wheels and Goodyear Farm Tires, is announcing its commitment to keeping its U.S. manufacturing facilities operating as normal in order to support the food and agriculture industry.

In light of the COVID-19 virus outbreak and the lack of certainty of both the duration and magnitude of its impacts, AGCO is withdrawing its sales, earnings and other guidance. Production has been significantly reduced or suspended in several of the company’s European facilities.

The Assn. of Equipment Manufacturers, Associated Equipment Distributors and the Equipment Dealers Assn. urged governors to designate equipment manufacturers, suppliers, and dealers and service technicians as “essential” to the economic continuity of the states as they continue to respond to the COVID-19 pandemic.

The Equipment Dealers Assn. is hosting a webinar at noon Central, Thursday, March 19, "Coronavirus: Legislative and Practical Considerations for Equipment Dealers." EDA also offers an extensive list of resources for dealers in the U.S. and Canada.