Industry News

Toro's 3Q Profit Rose 25%

Toro Co. saw sales rise 11.3 percent to $567.5 million as favorable summer growing conditions in key markets helped drive sales after the company faced challenges of late spring weather in the previous quarter.
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Deere Announces Waterloo Layoffs

Deere & Co. announced today that it will place approximately 460 employees who work in the company's Waterloo, Iowa operations on indefinite layoff in response to current market demand for its products.
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Mahindra Launches New Ad Campaign

Recognizing that owning land and rural living brings its own set of challenges and rewards, Mahindra USA is launching a new advertising campaign celebrating this unique lifestyle and the generations of people that are called to it.
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Deere to Lay Off 600 Employees at Four Factories

Deere & Co, the world's largest maker of farm equipment, said it would indefinitely lay off more than 600 employees at plants in Illinois, Iowa and Kansas as falling grain prices hurt demand for tractors, harvesters and other agricultural machinery.
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