On Jan. 11, 2022, Markus Achleitner, regional minister for the Economy, together with the three stakeholders and the Managing Director of the center attended the groundbreaking ceremony for the third expansion phase.
Landini and McCormick tractors are being distributed worldwide with a range of hydraulic loaders from Italian manufacturer Sigma 4 through an OEM supply agreement with Argo Tractors.
Progressive expansion that finally outstripped the space available at an existing production site led Austrian baling machinery specialist Goeweil to invest in a new facility opened this Fall.
Production of Fendt self-loading forage wagons is being moved to a sister plant in Germany to consolidate resources and further build expertise in forage harvesting technologies.
Compact and utility tractor manufacturer Tong Yang Moolsan (TYM) plans closer cooperation with the Branson Tractors unit of fellow South Korean manufacturer Kukje Machinery Company now that TYM has taken full control of the Kukje business.
The Purchaser acquired an aggregate of 4,083,886 Buhler Industries Shares at a price of $3.00 per Buhler Industries Share for an aggregate purchase price of $12,251,658.
The major suppliers of compact and utility tractors into the North American market are enjoying an exports boom with Daedong (Kioti), LS Mtron and TYM all reporting record half-year sales figures thanks to a buoyant market.
Data from the Brazilian Assn. of Industries of Machine and Equipment (Abimaq) estimates the country would end the year with a 40% hike in sales of agricultural machinery when compared to the previous year.
The total sales of agricultural machinery in Argentina grew by 82% to a value of AR$ 49 billion ($481.8 million) in the quarterly annual comparison, according to data released by the country’s National Institute of Statistics and Census (Indec).
Case IH dealers in Europe will soon be able to place a digital order for a tractor and branded loader combination in one go following a switch of supplier to French manufacturer MX.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.