Canada’s Brandt Group is stepping up its presence in the U.S. with the acquisition of a ready-made modern manufacturing facility in Illinois. The Brandt Agricultural Products division currently occupies a 110,000 square foot facility on a 40 acre site just outside Regina, Sask., where it makes grain augers, conveyors and vacuums, large flexible tine harrows and grain carts.
Challenging market conditions and a dip in revenues (see Ag Equipment Intelligence, September 2016) have not deterred tillage and hay tools manufacturer Pottinger from continuing investment in expanded production and parts distribution facilities.
Senior managers at Maschio Gaspardo, the Italian farm equipment group with a North American operation based at DeWitt, Iowa, have successfully negotiated debt restructuring with 24 creditor banks in line with a new business plan formulated last year.
Kubota Corp. is to spend approximately $430 million pursuing its expansion ambitions by acquiring one of North America’s best-known tillage and seeding equipment producers, Great Plains Manufacturing Inc. and its subsidiaries.
Ingersoll Tillage Group (ITG) and its majority owned subsidiary, Corporacion Patricio Echeverria announced the sale of a substantial portion of ITG’s shares to ONCAP, a mid-market private equity firm, on June 1.
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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.