For the most part, that is. In the next 60 days, Gehl will shutter its Wisconsin-based Agriculture Implement division, ending its long-standing production of hay, feed, forage, and manure handling tools. William Gehl, President and CEO of the company, cited the changing face of the dairy industry as the reason for the discontinuation of the product lines: “Over the last twenty years, there has been a continuous consolidation of the US dairy industry. Consequently, the customer base for our agricultural implement lines has declined dramatically.
He did, however, indicate that Gehl would continue to support its dealer network and customer base through ongoing parts and service for the implement lines. Also, Gehl pointed out that 90% of the company’s business in 2005 came from the lines of Compact Equipment, including skid steer loaders, track loaders, compact excavators, wheel loaders, and telescopic handlers, all useful tools in the ag industry.
Read the entire release here.