The project will enable coffee producers to produce enough biodiesel to power all their farm and agricultural equipment.
The West could help in supplying seeds for new agricultural crops and equipment for food processing.
Expect cutbacks in the energy sector, in technology, and agricultural and industrial equipment.
The company, which hauls agricultural and construction equipment as well as construction materials, still is hiring, Mr. Tennant said, despite the pause in business.
The company, which deals in agricultural and construction equipment, said late Thursday that weaker revenue will lead it to a wider quarterly loss than it had expected.
The base here, as in Wisconsin, is highly diverse and includes agricultural and construction equipment, electronics as well as a burgeoning sector in the renewable fuels sector, such as LM Glasfibre, a Danish firm with a large operation in Grand Forks.
It is the brainchild of Russell Strong, a highly proven leader in concept development and engineering of agricultural and industrial equipment, an innovator known in his industry as "Mr. Tractor" for his revolutonary designs for major corporations both here and in Europe.
CENTERFORSECURITYPOLICY: Value of Jake as a ready innovation base
Cut diamonds, high-technology equipment, and agricultural products (fruits and vegetables) are the leading exports.
Top American exports in 2010 included computers and electronics, agricultural products, chemicals, transportation equipment, and other machinery, particularly airplanes, the USCBC said.
These include a series of small and mid-sized firms--in fields as diverse as garments and agricultural machinery, steel and energy equipment--that have managed to thrive in recent years.
Overall merchandise revenues slid 1% as agricultural products, metals, and waste and equipment shipments fell.
FORBES: CSX Switches Coal For Shale Oil And Gas, Tops Profit Estimate And Raises Dividend
In return for Nicaraguan agricultural goods, Iran is to help fund a farm equipment factory, 4, 000 tractors, five milk-processing plants, a health clinic, 10, 000 houses and a deep-water port.
Early versions of new labor restrictions still being hashed out in Congress would have barred children under 16 from operating power-driven farm equipment and kept anyone under 18 from working at agricultural co-ops and stockyards (the latest version would let kids keep running machines on their parents' spreads).
Michael Cembalest, chief investment officer of JP Morgan, says he is more interested in areas that work to counter-act rising food prices by adding innovation and expanded planting space, like seed companies, infrastructure and harvesting equipment makers, grain processors and fertilizer companies, than in agricultural commodities, which may be risky if conditions change earlier than expected.
FORBES: JP Morgan: Invest in Companies that Combat Rising Food Prices
应用推荐