Krone North America Reports 28% Revenue Growth

The Memphis, Tenn.-based operations of Krone, one of Europe’s leading hay equipment manufacturers, made a significant contribution to the company’s global sales growth in the 2014-15 financial year ended July 31, in the face of weakening markets.

Revenues at Krone North America jumped almost €25 million — $27 million at current exchange rates — from €88.7 million to €113.6 million ($97-$124 million), a 28% increase. Globally, Krone’s agricultural equipment division managed just 1.2% growth to…

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