(Versatile-Ag.ca)

Equipment maker Buhler books year-end loss

Weak commodity prices and political unease in Eastern Europe have led to a year-end loss for Canadian farm equipment and Versatile tractor maker Buhler Industries. Winnipeg-based Buhler on Tuesday reported a net loss of $5.3 million on revenues of $245.7 million for its year ending Sept. 30, down from a $12.5 million profit on $325.5 […] Read more

(Westeel.com)

Regulators clear path for Westeel takeover

Federal competition watchdogs have cleared the path for grain handling equipment maker Ag Growth International to close its deal for bin manufacturer Westeel. AGI announced it had completed its deal to buy its fellow Winnipeg-based manufacturing firm for $221.5 million on Wednesday — after announcing the Competition Bureau of Canada would allow the deal on which […] Read more


(Versatile-Ag.ca)

Ag equipment maker Buhler cutting production, staff

Winnipeg farm equipment manufacturer Buhler Industries is reducing its workforce and paring back production ahead of an expected drop in farm incomes. The company, whose brands include Versatile tractors and Farm King implements, announced its first-quarter financials Friday for the period ending Dec. 31, booking net profit of $1.5 million on fourth-best quarterly revenue of […] Read more

(Farm-King.com)

Buhler books near-record sales

Winnipeg tractor and farm equipment maker Buhler Industries logged 2014 as its third-biggest sales year ever, but expects lower commodity prices to weigh on next year’s results. Buhler last Wednesday reported year-end profit of $12.5 million on $325.5 million in sales, down from its record net ($19.9 million on $340.3 million in sales) in 2013 […] Read more