Buhler Industries Optimizes U.S. Operations

(TSX:BUI)

WINNIPEG, May 11, 2020 /CNW/ - After due consideration and analysis of trends in agriculture and manufacturing, Buhler Industries is optimizing production in the United States by increasing production at the facility in Willmar, MN. This streamlining will increase efficiency and reduce overhead costs at the Willmar factory, which manufactures products under the Farm King brand.

This change will reduce excess manufacturing capacity and will enable the company to remain competitive without compromising quality. This is the result of unpredictability in the agriculture commodities market and fluctuations in the exchange rate, as dealers in Canada market several US-based Farm King-branded products.

Product lines currently manufactured at the Buhler Industries facility in Fargo, ND will be relocated to the Willmar factory during the summer months and production in Fargo will cease on September 30, 2020. The Fargo manufacturing and warehouse operation currently employees around 35 people. The extensive network of Farm King dealers in Canada and the United States will not experience delays in delivery of wholegoods or service parts.

Buhler Industries Inc. (TSX: BUI) designs, manufactures and distributes agricultural equipment. The products are marketed under the brand names Versatile® and Farm King. Buhler Industries Inc. operates manufacturing facilities and distribution centers in the United States and Canada. For more information visit www.buhlerindustries.com.

Trading symbol: BUI

SOURCE Buhler Industries Inc.