NAEDA Newsletter
Wednesday, September 17, 2014 Helping Dealers Succeed!
NAEDA at GIE+EXPO 2014
The Dealer Resource Pavilion, co-sponsored by NAEDA, has a new location this year - in the South Wing Lobby.  This is where you will attend Bob Clements' free management classes, check in for tech training and meet your key suppliers.
 Read More...
Your Assistance is needed - NAEDA Compensation and Benefits Survey

All dealers have been sent survey link reminders via email to access the NAEDA Compensation and Benefits Survey.  Read More...

Industry & Manufacturing News
As US farm cycle turns, tractor makers may suffer longer than farmers

Farm equipment makers insist the sales slump they face this year because of lower crop prices and farm incomes will be short-lived. Yet there are signs the downturn may last longer than tractor and harvester makers, including Deere & Co, are letting on and the pain could persist long after corn, soybean and wheat prices rebound.  Read More...

Farmers view of Ag economy turns pessimistic

Farmers adopted a pessimistic view of the agriculture economy for the first time since the DTN/The Progressive Farmer Agriculture Confidence Index started tracking farmer sentiments in April 2010.  Read More...

Kawasaki Motors celebrates 25 years in the Midwest

The town of Maryville, Missouri (population approximately 12,000), is home to Kawasaki Motors Manufacturing Corp., USA (KMM). The plant, which is one of the largest employers in the city, manufactures engines for the lawn and garden industry. In August the plant held a celebration marking 25 years at the Midwest location.  Read More...

Midyear 2014 U.S. construction machinery exports decline 17.3 percent

U.S. construction machinery exports dropped 17.3 percent during the first half of 2014 compared with midyear 2013: $8.93 billion in exports were shipped to global markets compared to $10.8 billion for first-half 2013, according to the Association of Equipment Manufacturers (AEM), citing U.S. Department of Commerce data.  Read More...

Vermeer Corporation announces family succession plans

As part of its family succession planning process, Vermeer Corporation today announced that third-generation family member, Jason Andringa, will serve as the company’s next President & CEO effective Nov. 1, 2015.  Read More...


Legislative & Regulatory News
Congress returns with busy agenda shortened by election year politics

Fox News reports that “Members of Congress return this week to Capitol Hill after a five-week summer break for an abbreviated September session in which they are expected to pass a budget bill to avert a government shutdown, while avoiding taking any tough votes that could hurt their respective parties in the November elections.”  Read More...

August job growth worst of the year: 142K

The U.S. economy added 142,000 jobs in August, well below expectations and breaking a six-month streak of gains above 200,000. 
The unemployment rate fell by a tenth of a percentage point to 6.1 percent, the Bureau of Labor Statistics reported on Friday.  Read More...

NAEDA Update Official Sponsor
Canadian News
$10.7M supports national research cluster in organic agriculture

A new cluster devoted to scientific research and education about organic agriculture, the Organic Science Cluster II, has been launched at Dalhousie University. A sequel to an earlier, five-year-old cluster - the new cluster supports research and development in collaboration with the Organic Federation of Canada. Funding includes $8 million from Agriculture and Agri-Food Canada and $2.7 million from industry partners.  Read More...

Quality wheat may be tough to find

North America’s spring wheat harvest is still in its infancy, but it appears there won’t be an overabundance of good quality milling wheat. “There’s certainly very high odds that we’re going to have wider protein spreads than last year or the last couple of years,” said Jim Peterson, marketing director for the North Dakota Wheat Commission.  Read More...

Industry officials asking questions in wake of PED

Hog prices continue to groan with uncertainty as the wrenches thrown by porcine epidemic diarrhea continue to clatter around inside the market’s gears. Will pig numbers and weights suddenly shrink, after holding up against expectations for months? Will PED come back, or is that problem fixed? Has the sky-high prices of spring and summer affected demand?  Read More...

GM launched ‘ambush’ on dealers, court told

In the midst of the financial crisis, General Motors of Canada Ltd. launched an “ambush” of about 200 of its dealers across Canada, their lawyer told a Toronto courtroom Tuesday, alleging the car giant used “misinformation” to force a drastic reduction of its dealership network as ‎it scrambled for a government bailout.  Read More...

Canadian startups are using drone technology to spot new business opportunities

Across its various plants, McCain Foods is capable of pumping out a million pounds of French fries an hour. In all, McCain makes one-third of all the world’s frozen fries. That production requires a huge amount of potatoes, which McCain draws from both its corporate farms and independent growers. Those farms cover great swaths of acreage, including in the potato country around Florenceville, N.B., where McCain opened its first plant in 1957.  Read More...

Canadian economy unexpectedly loses 11,000 jobs in August: StatsCan

The Canadian economy unexpectedly lost 11,000 jobs in August from July, and the number of private-sector employees fell sharply in another sign that the economy is still struggling to regain full speed.  Read More...

Justin Trudeau may be the next big thing - but Stephen Harper's still Nickelback

As anyone who witnessed former prime minister Paul Martin's air guitar "skills" can tell you, politics and music can be an awkward fit. At least he got to hang out with Bono. Conservatives and music hardly ever fit together, something I learned the hard way after tweeting my support for a record by the Canadian band Stars. But despite his stern image, the current prime minister appreciates music, and has occasionally tickled the ivories himself in front of the cameras.  Read More...

Canadian economy expands at 3.1% pace in 2nd quarter

Canada's economy soared in the second quarter, to an annualized pace of 3.1 per cent, as households spent more, marking the largest quarterly gain since the third quarter of 2011. The jump in gross domestic product (GDP) was greater than the 2.7 per cent rate economists were expecting, and follows sluggish growth to start the year, the economy's worst performance in more than a year.  Read More...

NAEDA, Association & Program Partner News
What's on Tap for Dealers at GIE+EXPO 2014?

Shopping for next season, technician certification, comparing products, networking, best-practice tips - There are many reasons dealers flock to GIE+EXPO (the Green Industry & Equipment Expo) in October. Here are some of the highlights for dealers at this year’s show in Louisville:  Read More...

Debit Cards - Payment Alternative

Debit cards, an increasingly popular consumer payment method, can be a welcome payment option for your customers. Debit cards allow consumers to deduct funds from their bank accounts directly at the point of sale to pay for goods and services. This is accomplished in one of two ways — by signing for the transaction, just like a credit card, or by entering a personal identification number (PIN) on a keypad device at the point of sale. By adding a PIN pad to your POS solution (or upgrading to a newer terminal with a built in PIN pad), you can provide your customers an attractive payment alternative, while saving money on your transaction processing expenses at the same time.  Read More...

Consider a contribution to NAEDA's Equipment Dealers Foundation

NAEDA’s Equipment Dealers Foundation (EDF) was created to provide grants to meet the industry’s need for training resources, career advancements and scholarships.  Through the years, the EDF has expanded its efforts to help dealership employees affected by natural disasters.  Moving forward, your support is needed for research, grants and scholarships to continue to enhance our industry.  Read More...


Tip of the Month

KPA Tip

Tip of the Month: What is HR Automation?

HR Automation is the process of transitioning your paper-based HR products to an online system. HR Automation programs allow owners, managers, and employees to perform HR-related functions on their own. These self-serve options allow actions to be taken at individual conveniences, from personal desktops. So why should you be automating your HR?
  • Through HR automation, you can maximize employee productivity.
  • Easily provide employees with HR tools, templates, and best practices.
  • Do more with fewer resources.
Do you want to learn more about HR automation? Contact hrm@kpaonline.com.

Free KPA Webinars

KPA On Demand Webinar Recordings

Task Groups Complete Initial Work
NAEDA board to consider recommendations for enhancing member service

For the past several months, eight task groups have been working behind the scenes to address the priorities or focus areas for transitioning NAEDA to a new governance model. Later this month, the task groups will present their findings and recommendations to the NAEDA Board of Directors for consideration. The meeting promises to be an exciting opportunity to plot the course for significant change within the association - change that will enhance service to the members and better position NAEDA for continued success.  Read More...


North American Equipment
Dealers Association

1195 Smizer Mill Road
Fenton, MO  63026-3480
Phone: 636/349-5000 
Fax:  636/349-5443
www.naeda.com
E-mail:  naeda@naeda.com

NAEDA Update is provided as a service to members of the North American Equipment Dealers Association. This information may not be reprinted without permission from NAEDA.

The North American Equipment Dealers Association provides educational, legal, legislative, and financial services to approximately 5,000 retail agricultural, construction, large property/rural lifestyle, and outdoor power equipment dealers in the United States and Canada.

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© 2014 The North American Equipment Dealers Association.
1195 Smizer Mill Road, Fenton, MO 63026-3480 | Phone: 636-349-5000
NAEDA Update is provided as a service to members of the North American Equipment Dealers Association. This information may not be reprinted without permission from NAEDA.

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