Ratliff guided the company through a total of 21 acquisitions as it grew sales from $200 million in 1990 to over $5.4 billion in 2005 and retired as Chairman in 2006.
The report also shows that year-to-date sales of 2WD 40-100 horsepower tractors were down 3.6%. For the month of March compared with March 2016, sales of 2WD 40 horsepower tractors were up 9.8% and sales of 2WD 40-100 horsepower tractors were up 1.6%.
Tractors under 40 horsepower also had year-to-date gains of 11.7%. U.S. retail sales for 2WD tractors of 40-100 horsepower declined 5.0% in November and were down 4.2% year-to-date.
U.S. retail sales for 2WD tractors under 40 horsepower gained 7.3% for October and October year-to-date sales were the only machines in positive territory with 11.2% growth.
Sales of 2WD tractors under 40 horsepower gained 16.8% in September (compared to last year), with year-to-date sales up 11.7%. September sales of 2WD tractors 40-100 horsepower were up 3.9% year-over-year, but year-to-date sales were down 4.3%.
U.S. retail sales for 2WD tractors under 40 horsepower gained 21.2% in August compared to a 6.3% decline in July, with year-to-date sales up 11.0%, according to the Assn. of Equipment Manufacturers.
U.S. retail sales of farm tractors under 40 horsepower in July declined 6.3%, but the year-to-date total was up 9.8% compared to last year, according to the Assn. of Equipment Manufacturers.
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