According to the new Rabobank U.S. Farm & Ranch Survey, year-over-year income for U.S. farmers and ranchers has improved significantly over findings in the previous two surveys.

Officials announced Thursday that Miniature Precision Components Inc. will invest $7.5 million in the facility in Morrison, Tenn.

Last weekend in the U.K., a Countax riding mower set a speed record of 87.33 mph, topping the record of 80.6 mph set by a Snapper mower in 2006 at the Bonneville Salt Flats. Snapper is owned by Briggs & Stratton Corp. of Wauwatosa.

Rural Lifestyle Manufacturer Husqvarna Turf Care, announced Thursday afternoon that it will be consolidating operations from Beatrice to Orangeburg, South Carolina.

John McCoy, of Orthman Manufacturing Inc. and President of the Farm Equipment Manufacturers Association, said the Association is among the many agricultural groups urging the Ways & Means House Committee to make permanent the five-year depreciation schedule for agriculture equipment.

McCormick Tractor Appoints New CEO

Ariens Company announced May 26 that it has purchased a majority shareholding of the Oxfordshire, United Kingdom-based ride-on mower manufacturer, Countax Ltd.

AGCO Corporation (NYSE:AGCO), Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, announces that Connect Equipment Corporation has expanded its offering of AGCO brands as a provider of sales, parts and service for the full-line of Challenger ag equipment throughout central and parts of southwestern Ontario.

Besides serving the community with a friendly and knowledgeable staff, Munn Tractor continues to expand their product line for a more diverse selection.

There’s a new YouTube channel devoted to all things farming www.youtube.com/NewHollandNA. New Holland’s dedicated YouTube channel is a resource for a wide variety of farm equipment-related information.