U.S. sales of under 40 horsepower tractors were up 2% compared with September of last year. Year-to-date U.S. sales of 40-100 horsepower tractors were up 1.5% year-to-date and down 7% compared with September of last year.
"These tariffs target the vital parts and components used in equipment manufacturing throughout the U.S. They will also drive up the cost of manufacturing...," says the Assn. of Equipment Manufacturers President Dennis Slater.
Total U.S. sales of 2WD tractors for May gained 17% compared to May 2017, bolstered by gains of 20% in both the 100-plus horsepower and under-40 horsepower categories, according to the latest data from the Assn. of Equipment Manufacturers.
According to the Assn. of Equipment Manufacturers' latest report, U.S. sales of 2WD tractors in the 40-100 horsepower range were up 7.4% in April and up 2.2% year-to-date. In Canada, sales for 2WD tractors less than 40 horsepower were up 5.2% in April and up 3.9% year-to-date.
Todd Teske, chairman, CEO and president of Briggs & Stratton Corp., talks about the company's recent acquisitions and the technologies it is focusing on including EFI, IoT (internet of things) and electrification.
The Equipment Dealers Assn. has teamed up with the Assn. of Equipment Manufacturers to provide a free webinar that will outline how this customizable toolkit can help dealers be proactive in attracting potential employees.
Yanmar was founded in 1912 and developed the world's first commercially viable small diesel engine in 1933. The diesel engine has continued as our core business ever since, our key tool in the rationalization and modernization of agriculture, fishing and industry.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.