Articles Tagged with ''Argentina''

John Deere to Invest $15 million in Argentina Factory

John Deere has announced it aims to invest $15 million to expand its production in the location of Granadero Baigorria in the Argentine province of Santa Fe. According to the president of John Deere Argentina, Sergio Fernandez, the investment is related to the market potential for the next 30 years. “Most of our investments are related to keeping the factory working and our electrical systems,” said Fernandez. 

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Jacto Plans Expansion in Argentina

Brazilian company Jacto announced it intends to expand its spraying business in Argentina. The company looks to sell 900-1,000 sprayers in the country in 2021 and grow at least 20% by 2022. In order to achieve this goal, the company says it will market more models to the country through the rest of the year. 

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Argentina’s Ag Machinery Revenue Jumped 93.4% in Q1

Argentina’s National Institute of Statistics and Census (Indec) recently reported agricultural machinery sales in the country during the first quarter totaled AR$ 25.27 billion ($266 million). This is 93.4% higher compared to the same quarter of 2020.

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