A 40% increase in sales to North American OEMs last year contributed to the recovery of one of the industry’s component suppliers hardest hit by the financial crisis of recent years.
Italy-based Carraro saw group revenues improve by almost 29% to the equivalent of $1.2 billion in 2011 — close to the record figure achieved in 2008 — as agricultural and construction vehicle manufacturers bought more of its axles, drivelines, gears and other components.
The…
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.
