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Canada East Equipment Dealers' Association – Organizational Purpose and Mission

• The purpose of Canada East Equipment Dealers' Association is to promote and enhance the general welfare of retail equipment dealers primarily in the Province of Ontario and Maritime Provinces.

• Our mission is to promote and enhance the general welfare of our dealer members by providing a timely source of industry information, representing dealer interests in government regulation and legislation, enhancing dealer and employee education, supporting equitable dealer/manufacturer relations and offering specific business-related services which enhance the success and profitability of dealer members.


Ritchie Brothers sees increased auction earnings, big boosts online in 2012
Equipment World
Ritchie Brothers Auctioneers announced today that it brought in net earnings of $82.6 million in 2012, a 12 per cent increase from adjusted earnings in 2011. The company notes that without its purchase of AssetNation, which it used to build its new EquipmentOne equipment sales website, net earnings would have been an improvement of 17 per cent. The company launched EquipmentOne in late January. The company's auction revenues grew 11 per cent in 2012 to $438 million. Fourth quarter adjusted net earnings in 2012 fell 16 percent from the same period in 2011 to $22.4 million.
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Fiat Tractor Group announces internal merger plans
Farm Equipment
Fiat's industrial tractor division announced its plans to merge with a second unit controlled by Fiat, and roll both into another merger with a Dutch unit. Fiat Industrial SpA will be merged with its CNH Global N.V. (CNH) unit, and later with a Dutch unit, the company said. A date will be set for shareholders to vote on the merger plan.
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Doosan launches New Stage 3B excavators and aims to fill a niche
Mechanics Hub
The new 42-tonne class DX420LC-3 gets a 270 kW engine which provides 19 per cent more power and six per cent more torque than its predecessor. This boosts arm and bucket digging forces to 18.6 tonnes and 25.2 tonnes respectively, while lifting capacity increases to 17.33 tonnes and drawbar pull rises to 34.85 tonnes.
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Minimal soil disturbance from Holmer's new beet harvester
Farmers Guardian
Designed to reduce soil disturbance by using six wheels running in six different tracks, Holmer showed its latest sugar beet harvester, the Terra Dos T4-40, to contractors and growers. Such has been the interest in the machine on the continent, the company also ferried in growers from Germany, France and Austria to witness pre-series trials.
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Belarus tractors are finding their way back to the French market
BelTA
Belarusian tractors are finding their way back to the French market, First Deputy Industry Minister of Belarus Ivan Demidovich said at the presentation of the Belarusian equipment at the 75th international agri-business show Sima 2013 recently, BelTA has learnt. Ivan Demidovich stressed that the sales of the Belarusian agricultural equipment to France and other European countries were quite high during the Soviet times. The collapse of the Union State put a stop to this business. Today it is high time Belarus found its way back to the French market.
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Trioliet Triomatics and self-propelled Smartrac
Farmers Weekly Interactive
Dutch firm Trioliet is always pretty good at finding clever ways to solve farm machinery problems. It launched its Triomatic T40 auto-feeder in 2005 with block silage but added the T30 in 2011 for loose silage. Both models use a “feed-kitchen” style system, with feeds moved by gantry into the electric-powered feed dispenser, which then heads out to the waiting cows.
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Versatile expands into toyland
Grainews
Winnipeg tractor maker Versatile has expanded its product line into the smallest of small-scale equipment. The company announced a new line of scale-model toys developed by Tokyo toy manufacturer Tomy and Iowa-based Ertl, which already makes licensed die-cast scale models of John Deere, Case IH and New Holland farm equipment.
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Tractor's new shape improves visibility, allows sharper turns
The Western Producer
Versatile has replaced its mid-sized tractor lineup with new Tier 4 interim rated machines, sporting the latest in Cummins engine technology, bigger cabs and a much tighter turning radius. The tractors do have a new look, but function drives that more than bold appearance. The heavily sloped hood ending in a much larger front grill that the new four-wheel-drives got last year comes across in the new front wheel assist machines. The shape improves the ability of the operator to see the ground below, while the big grill holds larger cooling components needed for the new Cummins Tier 4i engine with its exhaust gas recirculation and variable geometry turbo systems.
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China becomes biggest agricultural machinery maker
China Daily
The total industrial output value of China's agricultural machinery industry reached $53.8 billion in 2012, ranking first globally, a senior official said. Zhang Taolin, vice-minister of agriculture, said the sector has been growing by about 20 per cent annually for the last six years. The sector's output surpassed that of the EU and the United States for the first time last year, according to the China Association of Agricultural Machinery Manufacturers.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    New cab for John Deere 5E Series tractors (Mechanics Hub)
Tribine combine can carry 27 tonnes of grain (Farmers Weekly Interactive)
CNH Global profits up slightly in Q4 (ForConstructionPros)
Branson compact tractors from RIKO (Pitchcare)
Triumph refreshes the Rocket III (Motorcycle Cruiser)

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CEEDA Briefing
Frank Humada, Director of Publishing, 289.695.5422
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Siobhan Cole, Senior Content Editor, 289.695.5423   
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