Q1 2026 Manufacturing Trends
How are manufacturers tackling 2026 so far? Wipfli鈥檚 Q1 survey of more than 300 manufacturing leaders to identify key trends reveals a nuanced picture of an industry that鈥檚 optimistic.
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Manufacturing
April ASABE Shortline Equipment Updates Now Available
Discover the latest April 2026 ASABE national and ISO standards relevant to our members.
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Deere Settles Right-to-Repair Lawsuit for $99 Million
John Deere has reached a $99 million settlement in a long-standing class action lawsuit concerning the 鈥渞ight to repair鈥 issue.
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Tractor and Combine Sales Decline in March
According to the latest data from the Association of Equipment Manufacturers AEM, total U.S. sales of agricultural tractors and combines declined in March 2026 compared to the year before.
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Deere Reports Q1 Earnings
Deere & Company (NYSE: DE) reported net income of $656 million for the first quarter ended February 1, 2026, or $2.42 per share, compared with net income of $869 million, or $3.19 per share, for the quarter ended January 26, 2025.
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Deere Opens Two New U.S. Facilities
John Deere announced plans to build two new U.S. facilities, reinforcing its commitment to domestic manufacturing and job creation.
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U.S. Ag Tractor and Combine Sales Down at 2025 Close
According to new data from the Association of Equipment Manufacturers (AEM), U.S. sales of ag tractors and combines fell in December 2025 compared to the year before.
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AE50聽Awards Recognize Top Ag Machinery Advancements of 2025
The American Society of Agricultural and Biological Engineers (ASABE) recently announced its AE50 award winners representing the best innovations in engineering and technology for agricultural, food, and biological systems.
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Oxbo AutoFill Wins AE50 Award for Berry Harvester Automation
Oxbo, a leader in specialty harvesting and controlled application equipment, announced that its AutoFill automation solution for the Oxbo 7440 and 7450 berry harvesters has earned a prestigious 2025 AE50 Award.
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ASABE Revises ISO of Guards for PTO Drive Shafts
The ASABE has revised the adoption of ANSI/ASABE AD5674:2024 OCT2025 Tractors and machinery for agricultural and forestry 鈥 Guards for power take-off (PTO) drive shafts 鈥 Strength and wear tests and acceptance criteria.
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Last Call for Manufacturing Leaders to Join Executive Peer Group
Pinion has facilitated high-impact peer groups designed specifically for manufacturing executives. There are only a few spots left. so don鈥檛 wait!
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Industry Update: Nucor Tubular Products Announces Immediate Price Adjustment
Nucor Tubular Products (NTP), a major supplier in the steel tubing and structural products market, has announced a price adjustment affecting several of its product lines.
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Deere Reports Q4 Earnings
Deere & Company reported net income of $1.065 billion for the fourth quarter ended November 2, 2025, or $3.93 per share, compared with net income of $1.245 billion, or $4.55 per share, for the quarter ended October 27, 2024.
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Check Out New Standards from ASABE
The ASABE and FEMA are working together to create a resource for shortline manufacturers to stay on top of key safety standards. Check out the latest August standards.
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Deere Acquires GUSS
John Deere has acquired GUSS Automation, a high-value crop autonomy company. Deere and GUSS have collaborated on a joint venture since 2022.
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Deere Cuts More Jobs as Tariffs Hit
Deere will lay off 238 employees across factories in Waterloo, Iowa, and Moline and East Moline, Illinois.
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Navigating New 50% Steel & Aluminum Tariffs: What Shortline Manufacturers Need to Know
Big changes in U.S. trade policy: 407 new steel and aluminum products now face a 50% tariff under Section 232. Business advisor Marc Schneider from CIRAS shares key insights and actionable strategies to help you navigate the impact.
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Deere Launches Digital Repair Tool Amid Right to Repair Debate
Deere has introduced a new digital platform designed to give equipment owners more control over maintaining and repairing their machines.
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Deere Reports Q3 Earnings
Deere & Company has released its financial results for the third quarter of 2025, revealing a decline in net income and sales compared to the previous year.
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Prestigious Rotary Cutter Brand Available for Purchase
A respected manufacturer of rotary cutters is offering their long-established equipment line for sale.
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Manufacturing Industry Responds to Passing of One Big Beautiful Bill
Trump鈥檚 recently signed budget legislation, dubbed the Big Beautiful Bill, is drawing strong support from corporations and small businesses, especially within the manufacturing sector.
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Our Immigration System Is Undermining America鈥檚 Manufacturing
The U.S. labor force participation rate remains below pre-pandemic levels. The country has roughly鈥2 million fewer workers鈥痑ctive in the labor market than it did in 2020. In rural areas, where domestic migration continues to draw people away, immigrants are often the ones keeping local economies afloat.
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Trump to Double Steel Tariffs
On May 30, Donald Trump revealed that he is doubling his tariff on steel imports to 50% from 25%.
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Deere Acquires Sentera
John Deere recently acquired Minnesota-based Sentera, a provider of remote imagery solutions for agriculture.
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Yanmar America Advances Sustainability Efforts
Member company, Yanmar America, has taken a major step toward its sustainability goals with the installation of 914 high-efficiency solar panels at its headquarters in Adairsville, GA.
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Deere Announces $20 Billion Investment to U.S. Over Next Decade
During the Q2 2025 earning鈥檚 call, John Deere Chairman and CEO John May announced a bold commitment to invest $20 billion in the United States over the next 10 years, underscoring the continued dedication of John Deere to American workers, communities, and manufacturing.
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AEM Promotes Pro-Manufacturing Policies on National Mall in D.C.
Dozens of congressional leaders joined the Association of Equipment Manufacturers (AEM) for the 2025 Celebration of Construction held last week on the National Mall.
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U.S.- China Trade War: Can the U.S. Cut Its Reliance?
As the latest trade war escalates, agricultural exports to China have plummeted, posing serious risks for U.S. farmers. While high tariffs on cotton (140%), pork (172%), and soybeans (over 150%) have hindered trade, reports suggest China is quietly exempting 25% of U.S. imports, though no official confirmation exists.
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Deere Breaks Ground on $13.5 Mil Remanufacturing Facility
On May 5, Deere & Co. hosted a groundbreaking ceremony on the site of the John Deere Reman Core facility in Stafford, Mo. Deere & Co. first announced last fall.
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Tariff Pause Puts Shortliners in the Crossfire
As President Trump hits pause on new tariffs for most countries 鈥 with China remaining the exception 鈥 both global farm equipment giants and North American shortliners are navigating uncertainty. The existing 10% tariff on imports holds steady, but future shifts remain on the table.
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Yanmar Launches New Electrification Unit
Yanmar has announced that it will be launching a new organization dedicated to advancing electrification in the compact off-highway segment.
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Why Tariffs May Hurt Farm Equipment Makers
The Trump administration鈥檚 25% import tariff on steel and aluminum鈥攌ey materials in farm machinery鈥攈as raised concerns about rising costs.
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CNH Lays Off Nearly 200 at Fargo Plant
According to media reports, CNH Industrial has confirmed layoffs at its manufacturing plant in Fargo, N.D.
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U.S. Pauses Some Canadian, Mexican Tariffs
President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods covered by the North American trade agreement known as USMCA until April 2.
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Trump Signals Possible Tariff Delay, Final Decision Pending Review
President Trump suggested a possible delay in new tariffs on Mexican and Canadian imports, setting April 2 as a potential start date.
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Tariffs Create 鈥楶erfect Storm鈥 in Farm Machinery Market
The U.S. farm machinery industry is facing mounting challenges, including declining farm income, high input costs, and an oversupply of used equipment. Now, the threat of new trade disputes could further destabilize the market.
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US Dockworkers Approve 6-Year Contract
Dockworkers on the U.S. East and Gulf coasts overwhelmingly approved a six-year contract Tuesday, averting the threat of a strike that could have crippled the economy.
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U.S. Manufacturers See Higher Metal Prices as Tariffs Near
U.S. manufacturers are already feeling the impact of impending steel and aluminum tariffs, with prices surging and supply chain uncertainty growing.
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Congratulations to the 2025 AE50 Award Recipients
The American Society of Agricultural and Biological Engineers (ASABE) recently announced its AE50 award winners representing the best innovations in engineering and technology for agricultural, food, and biological systems.
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China Puts 10% Tariff on U.S. Farm Equipment
China announced a 10% tariff on imports of U.S. farm equipment. The new tariff will start on Feb. 10, 2025.
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FTC Files Lawsuit Against Deere
The Federal Trade Commission filed a lawsuit against Deere & Co., on January 15 alleging the company鈥檚 repair practices violate competition law.
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Deere Announces Additional Iowa Layoffs
John Deere has announced another round of layoffs at its Ottumwa, IA plant.
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US Retailers Face Uncertainty over Tariffs and Port Strikes
Concerns over Trump鈥檚 planned tariffs and a potential port strike are likely to drive a rise in import cargo in the coming months.
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Deere Adds More Iowa Layoffs
John Deere Company plans to layoff 100 employees in its global workforce. Announcing they will be cutting more jobs in its Iowa state production plants, adding to the current 2024 amount of 1,700 jobs and employees.
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Manufacturing Issues to Watch Under the Trump Administration
In the wake of former President Donald Trump鈥檚 reelection, industry leaders across the country are preparing for potential changes the new administration could bring.
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Deere Reports Q4 Net Income of $1.245 Billion
Deere reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023.
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Tariffs and Strikes Loom Over U.S. Trade and Global Supply Chains
Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January.
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Deere Expands Reman Core Center in Missouri
John Deere announced plans to expand its John Deere Reman Core Center facility by an additional 120,000 square feet.
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Trade Commission Probes Deere Over Right to Repair
The U.S. Federal Trade Commission is investigating Deere & Co. to determine whether the tractor giant鈥檚 equipment repair policies violate consumer protection laws, according to a public filing.
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Deere Accused of Clean Air Act Violations Over Emissions Repair Restrictions
Sen. Elizabeth Warren accused Deere of failing to honor its agreement with the American Farm Bureau Federation (AFBF) by offering inadequate tools and insufficient disclosures.
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