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Eis Implement Announces Acquisition by Riesterer & Schnell

Eis Implement, a third-generation, family-owned John Deere dealership serving the Manitowoc area since 1946 and the 2024 Farm Equipment Dealership of the Year, announced it is being acquired by Riesterer & Schnell, another family-owned John Deere dealership with deep roots in Wisconsin since 1931. This partnership brings together two longstanding leaders in agricultural, residential and commercial equipment solutions, further strengthening their commitment to customers, employees, and communities.

Chris and Jon Eis, the current owners of Eis Implement, shared their perspective on this transition:

"Our focus has always been on treating our customers and employees the way we would want to be treated. This philosophy has built lasting relationships and fostered a loyal and hardworking team. We are confident that Riesterer & Schnell, with their similar values and dedication to Wisconsin communities, is the perfect fit to continue and enhance what we’ve built over the years."

Source : Farm Equipment

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.