Buhler profit rises for quarter

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Published: August 25, 2011

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Buhler Industries’ profit in the third quarter increased to $4.6 million, up 15 percent from $4 million in the same period last year.

Revenue rose to $77 million, up 38 percent from $55.9 million last year.

The company, which makes Versatile tractors and Farm King implements, said strong domestic and international demand for tractors helped lift sales, as did good sales of sprayers. Sales of short-line equipment were also strong.

Profit growth was limited by the negative effect of the rising Canadian dollar on exports and higher steel prices.

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