An upbeat chairman and CEO of the world’s biggest crop sprayer manufacturer, France’s Exel, is ready with cash in hand to buy businesses that would fit the knapsacks-to-field sprayers group.
Quicke and Trima tractor loader manufacturer Alo of Sweden has announced plans to ditch attachment production in Scandinavia and transfer manufacturing to China.
The market for farm machinery throughout the European continent and beyond has fallen faster and far more than most analysts would have guessed 18 months ago.
European farm equipment manufacturers say they’re seeing an opportunity to establish dealer-distributor networks as well as to expand their product lines in the U.S. in the very near future.
An agreement between GPX International Tire Corp., Malden, Mass., and Sweden’s Trelleborg Wheel Systems will see Galaxy farm, forestry, agri-industrial and OTR tires distributed through much of Europe for the first time.
Ag equipment manufacturers are continuing to keep on eye on the Russian market, which deteriorated for exporters this year after Russian Prime Minister Vladimir Putin imposed loan restrictions and tariffs of as much as 25% on foreign-made farm machinery.
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