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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.

Rocky Mountain Dealerships' sales revenues rise 28.2 per cent
Farm Equipment    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Rocky Mountain Dealerships Inc. has reported financial results for the three months ended March 31, 2012. The board of directors declared a dividend of $0.0675 per common share on its outstanding common shares. The common share dividend is payable on June 29, 2012 to shareholders of record at close of business on May 31, 2012. More

Combine to make Canadian debut
Winnipeg Free Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Russian combine manufacturer Rostselmash Ltd. bought 80 per cent of Buhler Industries in 2007, the question was how long it would take before Rostselmash combines were sold in North America and Versatile tractors in Eastern Europe. The Winnipeg-built tractors are now selling strongly in Eastern Europe where commercial credit has been restored and millions of dollars are being invested in agricultural infrastructure. More

Finning International hikes dividend
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Finning International Inc. has increased its quarterly dividend as it reported lower first-quarter earnings than a year ago, weighed down by the troubled launch of its new parts management system. The heavy equipment dealer said it would now pay a quarterly dividend of 14 cents per share up from 13 cents. More

CAT Logistics sale does not affect Clayton site
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Caterpillar Inc.'s sale of equity in Caterpillar Logistic Services' third-party logistics division will not affect the Caterpillar Logistics facility in Clayton. Caterpillar Inc. said it has signed an agreement that will result in Platinum Equity taking a 65 percent stake in Caterpillar Logistics Services, the third party logistics division of its wholly owned subsidiary, Caterpillar Logistics Inc. More

John Deere announces expansion plans for Des Moines facility
Heavy Equipment    Share    Share on FacebookTwitterShare on LinkedinE-mail article
John Deere has confirmed they will expand the manufacturing capabilities at their Des Moines facility. The company announced they will move ahead with a $113 million expansion after receiving approximately $10 million in tax incentives for the project from the Iowa Economic Development Authority and the City of Ankeny. More

Number of workplace fatalities rises in Ontario
The Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
More workers are dying on the job in Ontario despite stronger government efforts to reduce fatalities and injuries. Seventy-three workers lost their lives in accidents under provincial jurisdiction in 2011, or six more than in 2010, according to the latest statistics from the Workplace Safety Insurance Board. The board found that serious injuries decreased after the Labour Ministry boosted safety education and enforcement in the workplace but that effort hasn’t translated into a decline in traumatic fatalities. More

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Ryetec to show weigh-cell spreaders at trade shows
Farmers Weekly    Share    Share on FacebookTwitterShare on LinkedinE-mail article
North Yorkshire firm Ryetec is the latest company to enter the increasingly popular weigh-cell fertiliser spreader market. It is to start bringing in Italian-made Agrex spreaders, which include the Kylo 2.5t and 3t-capacity machines. More

Tier 4 Compliant Ottawa Terminal tractors now available
Mechanics Hub    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ottawa Truck says it's the first to sell terminal tractors powered by Cummins Tier 4i (Interim) diesel engines that meet new U.S. Environmental Protection Agency emissions standards. The engine uses cooled exhaust gas recirculation, a common rail fuel system, and a catalytic converter for exhaust after-treatment technology to reduce emissions to new national standards governing off-road engines in the 75-173 horsepower range. More

Backhoe attachment promotes safety and efficiency
Construction Equipment    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Edge in-cab backhoe skid-steer attachment allows the operator to remain in the cab and operate all of the backhoe functions including vertical stabilizers, side-shift, boom extension, swing, dipper and bucket. It is assembled by installing new cylinder pins, attaching the top and bottom mounts, connecting to the skid steer loader, and securing arm hooks. More

New tool cuts time removing wheel hubs
Farm Industry News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Jerry Titera was tired of spending more than an hour taking the hubs off his Bobcat skid steer every time he needed to replace the bearings or seals on the wheel axle. So Titera, a farmer from Bagley, Minn., headed to his shop to design a device that could simplify the process. More

Art's Way Manufacturing announces asset acquisition from Universal Harvester
Farm Equipment    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Art's Way Manufacturing Co., Inc., has announced that it has completed its acquisition of assets from Universal Harvester Co., Inc., of Ames, Iowa, a leader in the fabrication of reels for combines and swathers. The consideration paid in the transaction consisted of approximately $3 million in cash and 5,000 shares of Art's Way Manufacturing common stock. More
CEEDA Briefing
Frank Humada, Director of Publishing, 289.695.5422
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May 17, 2012

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