AGCO. Assembly of Challenger and Massey Ferguson branded tractors and harvesters began in January upon completion of a joint venture announced in 2013 between AGCO and Russian Machines (part of the Basic Element industrial group). The 50/50 partners in AGCO Machinery planned to invest $100 million over 3 years, which will expand local component production at a new 27,000 square meter facility near Moscow and add Fendt and Valtra distribution to the business.
CNHI. CNH…
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