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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.

Canadian tractor sales are booming
Better Farming    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Tractor sales are booming in Canada but sales of self-propelled combines are in decline, indicate figures recently released from a North American trade association. The Association of Equipment Manufacturers, sets Canadian end-of-April, year-to-date sales of tractors at 6,559 units, up 7.9 per cent from last year. The association reports even more spectacular increases for the month of April in Canada with total farm tractor sales of 2,824 units, up 20.3 per cent from the 2,348 units sold last April. More

Deere 2012 second-quarter earnings $1.056B
Equipment World    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Deere & Co. reports that its second-quarter net income was was $1.056 billion, or $2.61 per share, for the second quarter ended April 30, compared with $904.3 million, or $2.12 per share, for the same period last year. For the first six months of the year, net income attributable to Deere & Co. was $1.589 billion, or $3.91 per share, compared with $1.418 billion, or $3.32 per share, last year. More

U.S. equipment financing confidence index dips slightly
Equipment World    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Equipment Leasing & Finance Foundation's Monthly Confidence Index for the equipment finance industry for May is 59.2, down slightly from the April index of 62.1, reflecting uncertainty about the pace of U.S. economic growth and concerns about global political and economic factors. More

New global alliance formed by agriculture equipment manufacturing associations
Farm Equipment    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Leaders from seven agriculture equipment manufacturing associations from around the world have signed a Memorandum of Understanding to officially launch the Agrievolution Alliance, which will facilitate collaboration and cooperation on a global basis within the ag equipment manufacturing industry. More

McConnel launches low-HP flail
Farmers Weekly    Share    Share on FacebookTwitterShare on LinkedinE-mail article
McConnel's new Magnum Euro Open flail is a low-horsepower-requirement machine with hydraulic sideshift as standard. An adjustable five-position rear gate cover allows users to customize the mower to suit different operations. More

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Farm equipment makers hit with lower tax credit
Western Producer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A federal government budget proposal to change the rules for a manufacturers' tax credit will cost manufacturers of agricultural equipment millions of dollars and hurt competitiveness, says an industry representative.
A coalition of Canadian manufacturing interests including agricultural equipment companies and the Canadian Fertilizer Institute have protested the proposal in a letter to Flaherty, arguing that it would remove more than $800 million of tax benefit to the manufacturing industry.

KPIT Cummins develops innovative bolt-on, plug-in hybrid system
Mechanics Hub    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While some U.S.-based aftermarket start-ups are offering high-five-figure hybrid powertrain retrofits, an Indian original-equipment automotive supply firm is preparing to launch a simple $1,300-$3,500 bolt-on plug-in parallel hybrid system for the masses. Having proven its effectiveness in testing so far, the prototype system called “Revolo” is being developed by KPIT Cummins as a gas- or diesel-engine add-on, first for the Indian market, but North American, European and Asian automakers have also already expressed interest in the system. More

CNH, Thunder Creek Equipment to offer new line of fuel and service trailers
For Construction Pros    Share    Share on FacebookTwitterShare on LinkedinE-mail article
CNH Parts & Service, the product support business of agricultural and construction equipment maker CNH Global, has announced a new supplier agreement with LDJ Manufacturing Inc. of Pella, IA, to offer its Thunder Creek Equipment line of fuel and service trailers through Case Construction Equipment, Case IH, New Holland, New Holland Construction, and Kobelco equipment dealerships in the U.S. More

Hypro's spray nozzle end cap offers quick response to GPS signals
Farm Industry News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A new spray nozzle body end cap from Hypro will decrease response times to GPS signals. Hypro's Express cap enables standard nozzle bodies to more quickly respond to GPS boom shut-off control signals. The quick reaction time is important to prevent spray overlaps on end rows and in boundary areas. More

Middle East canal equipment being sold in Australia
Construction Week Online    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Heavy equipment bought for cancelled canal and infrastructure projects in the Middle East is being sold to Australia to service its booming mining industry. Heavy trucks such as Caterpillar 777s, 789s, and 797s, have been sold to where it is needed most — Australia — due to higher prices being paid for the machines. More
CEEDA Briefing
Frank Humada, Director of Publishing, 289.695.5422
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May 24, 2012

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