Foton Lovol, one of China’s leading tractor and agricultural machinery manufacturers, has acquired an Italian maker of precision planters for undisclosed terms.
It’s not uncommon for tractor manufacturers to strike co-production and marketing agreements, but a deal between Claas and Same Deutz-Fahr for tractors in the 70-110 horsepower range appears to have greater strategic significance than usual.
After much speculation and talk of acquisition (Ag Equipment Intelligence, August 2013), Kubota Corp. has confirmed that it will enter higher horsepower sectors than it currently serves by building tractors up to 170 horsepower.
Expect to see more tractors sporting continuously variable transmissions across a wider power spectrum in the future. ZF is expanding its range of CVTs as more tractor makers reveal they are building their own.
New investors who pledge to support the company’s development and international expansion have secured the future of Europe’s second largest tractor loader brand, Stoll.
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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.