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.
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 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).
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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.