With new factories and OEM supply contracts underpinning growth, South Korea’s LS Mtron continues to make waves in the compact and utility tractor market.
Agreements with CNH Industrial and Claas, and in the central Asian state of Uzbekistan, are generating guaranteed sales and revenues. In addition, a new engine plant opened close to the main tractor factory in South Korea creates a competitive advantage and potential for engine sales to other OEMs.
The engine plant…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
