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In 2014, the AEM stated that "U.S. domestic sales of agricultural machinery and equipment rose from about $20 billion in 1999 to $38 billion in 2012. Since 1998 and through 2012, U.S. exports of agricultural equipment have grown relatively quickly, more than doubling from about $4 billion to $8.7 billion. [26]
Agricultural equipment is any kind of machinery used on a farm to help with farming. The best-known example of this kind is the tractor. From left to right: John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head.
Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
AEM's origins extend as far back as 1894 when a trade association for farm equipment was founded. This group merged with another organization representing manufacturers of construction equipment and changed its name to the Association of Equipment manufacturers in 2002. [4] The merger was effective on January 1, 2002.
There are many types of such equipment, from hand tools and power tools to tractors and the farm implements that they tow or operate. Machinery is used in both organic and nonorganic farming. Especially since the advent of mechanised agriculture , agricultural machinery is an indispensable part of how the world is fed.
The United Farm Equipment and Metal Workers of America (FE) was a labor union representing workers in two related industries in the United States and Canada. The union originated as the Farm Equipment Workers' Organizing Committee, which was split off from the Steel Workers' Organizing Committee in 1938.
It continued as such until 1994, when Tenneco divested it as the Case Equipment Corporation. Case Equipment became Case Corporation and later Case LLC . In 1999, Case LLC merged with New Holland Agriculture to form CNH Global , a Fiat Group division, which has since been demerged into a corporation that is majority-owned by Fiat Industrial .
In 1919, he created the Associated Equipment Distributors as a trade association for companies like his own. [6] In 1954, Hunter returned to AED as a member of the advisory board. [6] In 1966, independent distributors of construction equipment sold $1.1 billion in new equipment and $270 million in used equipment in the United States.
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