Northern Tool + Equipment Selects TreviPay to Power Pay by Invoice Net Terms Program
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- TreviPay, the most-trusted B2B payments and invoicing network, today announced its Pay by Invoice program with Northern Tool + Equipment, a major supplier of tools and equipment. The partnership powers the new Northern Tool Commercial Account program designed exclusively for businesses to provide greater flexibility and convenience in managing payments. The net terms program enables businesses net 30 payment terms and flexible invoicing options to better meet the payment preferences of B2B buyers across America.
Through the new Commercial Account net terms program, businesses served by Northern Tool + Equipment will be able to complete purchases easily across all sales channels. Additional functionality will allow business owners to make purchases and assign other employees to safely pick-up products in-store – an important program customization for Northern Tool's customers who seek this convenience. McKinsey's recent B2B Pulse Survey underscores this omnichannel payments expectation, as B2B decision makers are equally seeking in-person interactions, remote communications and digital self-serve options across all geographies, industries and company sizes. More than half of the survey respondents would also switch suppliers if they don't have a smooth experience across channels.
'Payment experiences serve as critical, but often overlooked opportunities to build B2B customer loyalty,' said Brandon Spear, CEO of TreviPay. 'Without thoughtful management of payment touchpoints, including seamless payment processes and offering preferred purchase options like net terms, today's retailers risk losing ground to those that prioritize customer experience at check-out.'
By offering net terms to its business buyers through TreviPay, Northern Tool + Equipment can streamline its accounts receivable processes with automated application decisioning, quick buyer onboarding and a reduction in manual, back-office demands. TreviPay's technology and managed services enable the retailer to focus on growth and customer care, rather than collections.
'For over 40 years, the folks who tackle the toughest jobs have counted on us to deliver more than just tools—we deliver the kind of service that gets the job done right,' said Lisa Cordes, Director of Finance Shared Services at Northern Tool + Equipment. 'Teaming up with TreviPay lets us bring that same no-nonsense, get-it-done attitude to checkout. Because when it comes to payment options, our customers deserve tools that work as hard as they do.'
To apply for the Northern Tool + Equipment Commercial Account, U.S. customers can visit the sign-up page, or visit www.TreviPay.com to learn more about how TreviPay supports B2B invoicing and payments.
About TreviPay
At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay's global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. Powering more than $8 Billion in global trade, TreviPay was named a Leader in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (#US51793524, Dec. 2024). With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail and transportation. For more information, visit www.trevipay.com.
About Northern Tool
Northern Tool + Equipment is a family-owned company serving both DIYers and trades professionals tackling the tough projects. A leading supplier of more than 100,000 high-quality tools and equipment for over 40 years, the company's highly-trained team has an immense breadth of knowledge to help customers in-person at more than 130 retail stores, online and over the phone through their fully-staffed contact center. From helping customers get the right tool for the job to assisting with parts and repairs that keep tools running at peak performance, customer service is at the foundation of Northern Tool's mission. Learn more about Northern Tool + Equipment at NorthernTool.com and stay connected through social media: Facebook (@northerntool), Instagram (@northern_tool), TikTok (@northerntool), X (Twitter) (@northerntool), YouTube and Pinterest.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 days ago
- Yahoo
Zacks Industry Outlook Highlights Deere, CNH Industrial, AGCO, Lindsay and Kubota
Chicago, IL – June 5, 2025 – Today, Zacks Equity Research discusses Deere & Co. DE, CNH Industrial N.V. CNH, AGCO Corp. AGCO, Lindsay Corp. LNN and Kubota Corp. KUBTY. Industry: Farm Equipment Link: The Zacks Manufacturing - Farm Equipment industry is facing near-term challenges from weak commodity prices and high costs. However, it will eventually benefit from sustained demand for agricultural equipment, driven by a growing population. Industry players like Deere & Co., CNH Industrial N.V., AGCO Corp. and Lindsay Corp. are well-poised to benefit from this demand by expanding their product offerings. The industry's emphasis on revolutionizing agriculture with technology to automate farming is expected to be a major catalyst. Deere, CNH Industrial, AGCO, Lindsay and Kubota Corp. are thus investing heavily in upping their technology game. The Zacks Manufacturing - Farm Equipment industry comprises companies that manufacture agricultural equipment. These include tractors, combines, cotton pickers and harvesting equipment; tillage, seeding and application equipment, consisting of sprayers, nutrient management and soil preparation machinery; and hay and forage equipment, comprising self-propelled forage harvesters and attachments, balers and mowers. Some companies in the industry produce turf and utility equipment, consisting of riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, commercial mowing equipment, and garden tillers and snow throwers. Some participants manufacture irrigation equipment. Deere, CNH Industrial and Kubota are presently the top three global manufacturers of agricultural equipment (in that order). Trends Shaping the Future of the Manufacturing - Farm Equipment Industry : The U.S. Department of Agriculture forecasts a 29.5% year-over-year increase in net farm income to $180.1 billion for 2025, indicating a rise of 29.5% from that reported in 2024. This projects an improved scenario, considering the 19% and 6% declines in net farm income in 2023 and 2024, respectively. However, the increase in net farm income this year will be mainly due to the $33.1-billion year-over-year increase in direct government farm payments to $42.4 billion. Meanwhile total crop receipts are forecast to decrease 2.3% from the 2024 level due to lower soybeans and corn prices. Soybean prices have dipped lately due to escalating U.S. and China trade tensions, which added to downward pressure from favorable crop conditions in the U.S. Midwest and lingering uncertainty over U.S. biofuel policy. Corn prices have declined 3.9% year to date. : Despite the ongoing volatility in commodity prices and lower crop receipts, agricultural equipment demand will continue to be supported by increased global demand for food, stemming from population growth and an increasing proportion of the population aspiring for better living standards. In the United States, the agricultural machinery market is forecast to reach $42.05 billion in 2025 and grow to $57.08 billion in 2030, seeing a compound annual growth rate (CAGR) of 6.3%. With farm sizes increasing, there is a greater need for labor, but escalating labor costs are prompting farmers to turn to mechanization. Moreover, subsidies on agricultural machinery purchases are enabling even small-scale farmers to invest in equipment. : The industry has not been immune to the rampant cost inflation prevailing in the sector. Constraints on the availability of raw materials, labor and trucking resources have led to higher lead times for deliveries. However, the industry players have recently been reporting improvements in the supply chain. The companies have been implementing pricing and cost-reduction actions, which are likely to help sustain margins. : Customers are increasingly relying on advanced technology, smart farming solutions and mechanization to run their operations. Thus, the industry participants are enhancing investments in launching products equipped with advanced technologies and features to keep up with customers' evolving demands. Precision agriculture technology is expected to be a key catalyst, as it enables farmers to increase yield with reduced input costs and sustainability benefits. DE, CNH and AGCO are currently the forerunners in this. The Zacks Manufacturing - Farm Equipment industry is part of the broader Zacks Industrial Products sector. The industry currently carries a Zacks Industry Rank #204, which places it at the bottom 16% of 244 Zacks industries. The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates dim prospects in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Despite the bleak near-term prospects of the industry, we will present a few Manufacturing - Farm Equipment stocks that can be retained in one's portfolio. It is worth taking a look at the industry's stock-market performance and valuation picture before that. The Zacks Manufacturing - Farm Equipment industry has outperformed its sector and the Zacks S&P 500 composite over the past 12 months. Stocks in this industry have grown 33.7% in the past 12 months compared with the S&P 500's growth of 13.7%. The Industrial Products sector has risen 1.9% in the said time frame. On the basis of the forward EV/EBITDA ratio, which is a commonly used multiple for valuing farm equipment stocks, we see that the industry is currently trading at 53.56X compared with the S&P 500's 13.48X. The Industrial Products sector's forward 12-month EV/EBITDA is 19.74X. Over the last five years, the industry traded as high as 56.44X and as low as 21.11X, the median being 27.59X. Deere: The company is witnessing solid growth in order levels, which is expected to aid its top-line performance. DE will continue to benefit from its focus on launching products equipped with advanced technologies and features that provide it with a competitive edge. Efforts to expand precision agriculture will be a significant growth driver. Replacement demand, triggered by the need to upgrade old equipment, will continue to support its revenues. Considering that Deere also makes construction equipment, it will benefit from strong demand in the residential and non-residential construction markets. DE's cost-control actions have been supporting margins despite the persistent inflationary pressures. The company recently acquired a provider of remote imagery solutions for agriculture, Sentera, to advance its technology offerings and support more farmers. Deere plans on integrating Sentera's innovative imagery capabilities with its Operations Center portfolio offerings. This will help farmers generate data-driven decisions that boost farm profitability, efficiency and sustainability. Shares of the company have gained 15.3% in the past 6 months. The Zacks Consensus Estimate for the Moline, IL-based company has a trailing four-quarter earnings surprise of around 11%, on average. Deere currently has an estimated long-term earnings growth rate of 8.4% and a Zacks Rank of 3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. AGCO: The company has been gaining from improved farm dynamics and increasing replacement demand for old equipment. It has been investing in products, precision farming technology, and smart farming solutions to improve distribution and enhance digital capabilities to strengthen product offerings. These efforts and the company's cost-control measures have driven margin expansion over the past few quarters. AGCO is focusing on strategic transformation. It intends to streamline and focus its portfolio of agricultural machinery and precision agriculture technology solutions. In line with this, it has formed PTx, which integrates the precision agriculture technology from AGCO's tech stack's pillars, Precision Planting and its most recent joint venture, PTx Trimble. This move will facilitate AGCO's rapid growth in technology transformation and provide seamlessly compatible, powerfully simple precision ag solutions. Shares of the company have gained 2.7% in the past 6 months. AGCO has an estimated long-term earnings growth rate of 13.1%. This Duluth, GA-based company currently carries a Zacks Rank #3. The consensus estimate for AGCO's 2025 earnings has moved up 1% in the past 60 days. Lindsay: The company acquired a 49.9% minority interest in Pessl Instruments GmbH in January 2025. This will help accelerate innovations in water management and increase LNN's global reach. Project opportunities in developing international irrigation markets continue to be robust, driven by food security and water scarcity concerns. The $110-billion funding under the Infrastructure Investment and Jobs Act for roads, bridges and other transportation projects is expected to translate into higher demand for Lindsay. LNN is also well-poised to gain from demand for its Road Zipper System. The system is a highly differentiated product that addresses key infrastructure needs, such as reducing congestion, lowering carbon emission, improving commuter travel time and increasing driver safety. Road Zipper Systems are gaining popularity globally for their faster implementation and lower costs than constructing lanes. Shares of the company have gained 8.2% in the past 6 months. The Omaha, NE-based company has a trailing four-quarter earnings surprise of 17.9%, on average. It currently carries a Zacks Rank #3. Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lindsay Corporation (LNN) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report AGCO Corporation (AGCO) : Free Stock Analysis Report CNH Industrial N.V. (CNH) : Free Stock Analysis Report Kubota Corp. (KUBTY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Yahoo
Collège Boréal celebrates more than 900 new graduates at its 30th convocation ceremonies
With nine ceremonies taking place through June 11, Collège Boréal is celebrating the achievements of graduates from its campuses in Hearst, Kapuskasing, Nipissing, Ottawa, Sudbury, Timmins, Toronto, and Windsor. (Web version) SUDBURY, Ontario, June 03, 2025 (GLOBE NEWSWIRE) -- Nine events across Ontario are honouring the Spring 2025 graduating class from Boréal's campuses in Hearst, Kapuskasing, Nipissing, Ottawa, Sudbury, Timmins, Toronto, Windsor and Boréal Online. In the presence of parents, families, and loved ones gathered for the occasion, Collège Boréal President Daniel Giroux, along with members of the senior leadership team, will present no fewer than 901 diplomas this spring. Governor General's Academic Medal Roxanne Daoust, a graduate of the Early Childhood Education program offered through Boréal Online, received the Governor General's Academic Medal. This honour is awarded to a full-time student who achieves the highest academic standing in a diploma program of at least two years in length. Honorary Diploma This year, Collège Boréal is awarding an Honorary Diploma in Business and Community Services to Maxim Jean-Louis, President and CEO of Contact North. Under his leadership, Contact North has significantly expanded access to distance post-secondary education for people living in rural communities. Thanks to his efforts, more than four million individuals in remote areas now have access to quality training without having to leave home. Over the years, Maxim Jean-Louis has deepened his community involvement, contributing his expertise to the boards of the International Council for Open and Distance Education, the Renewed Technology Council, the Ontario Trillium Foundation, Laurentian University, the Art Gallery of Sudbury, and the Hôpital Montfort Association. Collège Boréal President's Award and Board Chair Award Presented respectively to private-sector and community-based organizations, Collège Boréal's President's Award and Board Chair's Award recognize outstanding contributions to the development of the College and its communities. This year's President's Award is being presented to Technica Mining in recognition of its generous equipment donations, which have significantly enhanced training for students in the Heavy-Duty Equipment Technician, Civil and Mining Construction Engineering Technician and Mechanical Millwright Technician programs. Technica Mining's ongoing support – through the hiring of Boréal student interns and the endorsement of the College's pre-apprenticeship program proposals, including those aimed at women – makes it a key partner. The Board Chair's Award goes to Health Sciences North (HSN). A key partner to post-secondary institutions, HSN provides placement opportunities to Boréal students in a range of health programs. This collaboration allows students to gain valuable hands-on experience, sharpen their skills, and prepare for the workforce. Like Collège Boréal, HSN relies on cutting-edge technology and simulation-based learning to support the training of health professionals. Boréal Foundation Thanks to the generosity of individuals and organizations that supported the Boréal Foundation in 2024–2025, nearly 3,300 scholarships were awarded to Boréal students, for a total of close to $1.7 million. Quotes 'It is with immense pride and gratitude that the entire Collège Boréal team joins me in celebrating the remarkable success of each and every one of our graduates. Their perseverance in upholding the French language in their communities, their adaptability – especially among our international students – and their academic excellence are matched only by the boundless opportunities that await them thanks to their unique backgrounds. Congratulations to all!' – President, Collège Boréal 'Collège Boréal is proud to be preparing a highly skilled workforce that meets the real needs of our communities. The commitment and strong motivation our graduates demonstrate in fields such as the trades, environmental studies, technology, business, and community services are a true asset for Ontario, especially given the urgent need for housing and healthcare professionals. We look forward to seeing your careers take flight!' – Vice-President, Academic, Collège Boréal Quick Facts Since its founding in 1995, Collège Boréal has awarded 24,540 diplomas across its 8 campuses, from Northern to Southern Ontario. Related Links Spring 2025 Graduation Ceremonies Contact North Technica Mining Health Sciences North Information Benoît ClémentManager, Communications and Media Relations705-560-6673, ext. Created in Sudbury in 1995, Collège Boréal is a French-language post-secondary education and training institution committed to the development and growth of the various Ontario communities it serves. Through its 34 sites including 8 campuses in 27 communities, Collège Boréal offers a high level of expertise in post-secondary education, basic training, apprenticeship, immigrant services, employment services, customized training and applied research. To find out more about Collège Boréal's programs and services, please visit our website at or follow us on Facebook, Instagram, LinkedIn and X. A photo accompanying this announcement is available at
Yahoo
6 days ago
- Yahoo
Monster Jam®'s El Toro Loco Truck and ThunderROARus drivers, Armando Castro and Colt Stephens, to appear at Exclusive Preview of Northern Tool + Equipment's Tools for the Trades™ Monster Jam Mini Build
First 200 attendees will get a 5-gallon Northern Tool Bucket BUDA, Texas, June 3, 2025 /PRNewswire/ -- Northern Tool + Equipment welcomes Monster Jam®'s El Toro Loco Driver Armando Castro to their Buda, TX store on Thursday, June 5th, to meet with fans and customers and sign autographs from 2:00 p.m. - 6:00 p.m. At 2:30, both drivers will join fans to cheer on the exclusive preview of Northern Tool + Equipment's Tools of the Trades™ Monster Jam® Mini Build. The build is a one-third scale monster truck built by Bryan High School career and technical education students, and it will be on display for customers to see up close. The truck will then be officially revealed on the track on Saturday, June 7th, at the Moody Center in Austin during the Monster Jam event. Monster Jam's ThunderROARus Driver Colt Stephens will be at the exclusive preview event, having also helped mentor the students through the build and get them excited for the official reveal in Austin. "I remember the first time I entered the Monster Jam track — I felt like a gladiator," said Stephens. "I can't wait for the students that have worked so hard this whole year to have their own moment stepping out on the track to the sound of thousands of people cheering for them." Here's a quick video trailer highlighting the incredible year-long project. The build is part of Northern Tool + Equipment's Tools for the Trades™ program, designed to ignite a passion for trades careers with the next generation through donations of tools, equipment and unique experiences like working with Castro and several other Monster Jam crew members on this project. "This is an exciting opportunity for our Buda and Austin-area customers to meet two Monster Jam legends, get a deal on Father's Day shopping and see how our Tools for the Trades™ program is directly impacting their community," said Wade Kotula, CEO of Northern Tool + Equipment. "This is definitely something you won't want to miss." The first 200 attendees will also get a free 5-gallon bucket that Castro can sign. About Northern Tool + Equipment:Northern Tool + Equipment is a family-owned company serving DIYers and trades professionals tackling the tough projects. A leading supplier of 100,000+ high-quality tools and equipment for over 40 years, the company's highly-trained team has an immense breadth of knowledge to help customers at more than 130 retail stores, online and over the phone through their contact center. From helping customers get the right tool for the job to parts and service repairs to keep tools in peak performance, customer service is at the foundation of Northern Tool's mission. Learn more at Stay connected through social media: Facebook, Instagram, TikTok, X (Twitter), YouTube and Pinterest. Media Contact: Holly StefflPhone Number: 612.351.8312Email: northerntool@ View original content to download multimedia: SOURCE Northern Tool + Equipment Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
