A new report shows the equipment manufacturing industry supported almost 1.3 million jobs in the United States last year.
Dennis Slater, President of the Association of Equipment Manufacturers, and Jason Rittenberry, CEO of the Kentucky State Fair, made a joint announcement at this week’s National Farm Machinery Show in Louisville, Kentucky, regarding a collaboration between the groups.
Retail sales of tractors under 40 horsepower and between 40-100 horsepower rebounded in August. However, sales of larger tractors and combines continued their double-digit declines in the newest data available from the Association of Equipment Manufacturers (AEM). U.S. retail sales for two-wheel drive tractors under 40 horsepower gained 21 percent in August, and are 11 percent higher on the year-to-date.